Energy and telecom service provider in the Nordics selects IFS Applications

Regulatory News:

IFS Applications (STO:IFSA)(STO:IFSB) to empower more than 230 employees with robust support for processes such as service management, project management, and supply chain

IFS (http://www4.ifsworld.com/l/5332/2015-08-10/2qts7r), the global enterprise applications company, announces that a provider of construction and maintenance services in the Nordic energy and telecommunications sector has chosen to implement IFS Applications™ (http://www.ifsworld.com/en/solutions/ifs-applications/). The agreement includes licenses and services valued at approximately 1.6 million euros.

The IFS solution includes support for mission-critical business processes such as service management, project management, supply chain management, financials, human resources, document management, and business analytics.

"We are pleased to announce another great customer win in the energy and utilities sector,” IFS Industry Director Energy and Utilities Colin Beaney said. "IFS has a long and distinguished history in the energy and utilities industry and we are proud to continue to offer our best-practice solutions and expertise to leading companies in this sector.”

Learn more about how IFS supports companies in the energy and utilities sector here: www.ifsworld.com/en/industries/energy-and-utilities.

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 May 19, 2016, at 2 p.m. CEST.

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