International Business Systems (IBS) announces 10 MSEK upgrade project agreement with a Swedish distributor

International Business Systems (IBS) announces 10 MSEK upgrade project agreement
with a Swedish distributor

As part of trading in September 2009 a major upgrade project contract was signed
with the Logistics and Distribution operations of a Swedish customer

STOCKHOLM, October 5, 2009 - International Business Systems (STO: IBS B) the
leading application supplier for wholesale and distribution, today announced
that as a part of September trading an agreement was reached with an existing
IBS customer to upgrade and extend the software solution for the customer's
logistics and distribution operations. The contract is valued at approximately
10 MSEK. 


For more information, please contact:

Oskar Ahlberg, Senior Vice President of Communications, IBS AB
Tel: +46-70-244 24 75
oskar.ahlberg@ibs.net


About IBS
IBS specialises in differentiating companies from their competitors on the
strength of their distribution operations. 
Founded in 1978, IBS has over 30 year's experience of distribution in industries
ranging from automotive and electronics to paper, publishing and
pharmaceuticals. This deep understanding of distribution models and best
practices is embodied in IBS' global distribution system, which is enhanced with
local expertise to create a unique system for each IBS client. 

More than 4,000 companies in 40 countries rely on IBS to improve their
distribution operations - enabling them to achieve both increased profitability
and higher valued services to the channel.

IBS B share is listed on NASDAQ OMX First North Exchange Stockholm. For more
information, please visit www.ibs.net