UK-based facilities management company selects IFS Applications

Regulatory News:

· Customer will benefit from a single integrated solution which will centralize data and improve business efficiency

· Greater transparency and better visibility of business information will help to control costs and improve customer satisfaction

IFS (http://www.ifsworld.com/en/), the global enterprise applications company, announces that a major UK facilities management services company has chosen IFS Applications™ (http://www.ifsworld.com/en/solutions/ifs-applications/) to improve its business processes. The total value of the contract is £1.4million.

The implementation, which includes service and asset management, project management, finance, supply chain management, mobile work order and HR, will begin in November 2014. Phase 1 is expected to be complete by March 2016 and phase 2 in September 2016.

About IFS

IFS™ is a globally recognized leader in developing and delivering business 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) that was founded in 1983 and currently has over 2,600 employees. IFS supports more than 2,200 customers worldwide from local offices and through partners in more than 60 countries. For more information visit: www.ifsworld.com.

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IFS discloses the information provided herein pursuant to the Financial Instruments Trading Act (1991:980) and/or the Securities Markets Act (2007:528). The information was submitted for publication on October 1, 2014 at 10:00 a.m. (CEST).

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