Norwegian maritime company increases investment in IFS Applications

Leading maritime company invests in IFS solution to deliver on its business
transformation strategy

IFS (http://www4.ifsworld.com/l/5332/2015-08-10/2qts7r), the global enterprise
applications company, announces that a Norwegian company in the maritime sector
has chosen to expand its investment in IFS
Applications™ (http://www.ifsworld.com/en/solutions/ifs-applications/). The
agreement is valued at approximately SKr 10 million.
IFS Applications supports the company in its standardization and optimization of
work processes such as supply chain, finance, sales, and service.

“Being able to adapt is an important differentiator in today’s maritime and
offshore sectors and requires flexible enterprise software that offers robust,
best-practice functionality,” IFS Scandinavia CEO Glenn Arnesen said. “We are
proud of the continued trust that our client places in IFS Applications and we
look forward to supporting the company’s future growth.”

For more information about how IFS helps companies in the maritime industry,
please visit: www.ifsworld.com/en/industries/engineering-construction
-infrastructure/shipbuilding.
Anders Lundin, Corporate Communications. Phone: 46 8 58 78 45 00,
press@ifsworld.com

Frédéric Guigues, Investor Relations. Phone: 46 8 58 78 45 00,
frederic.guigues@ifsworld.com
About IFS

IFS (http://www.ifsworld.com/en/)™ is a globally recognized leader in developing
and delivering enterprise software for enterprise resource planning (ERP),
enterprise asset management (EAM) and enterprise service management (ESM). IFS
brings customers in targeted sectors closer to their business, helps them be
more agile and enables them to profit from change. IFS is a public company
(XSTO: IFS) founded in 1983 and currently has over 2,800 employees. IFS supports
more than 1 million users worldwide from its network of local offices and
through a growing ecosystem of partners. For more information
visit: www.ifsworld.com.

Follow us on Twitter: @ifsworld (http://twitter.com/ifsworld)

Visit the IFS Blog on technology, innovation and
creativity: http://blog.ifsworld.com/

IFS discloses the information herein pursuant to the Financial Instruments Act
(1991:980) and/or the Securities Markets Act (2007:528). The information was
submitted for publication on June 30, 2016, at 1 p.m. CEST.