PartnerTech chooses IFS to create platform that supports continued international expansion

Issued by Warstreet Marketing for IFS
Johannesburg, 30 Aug 2006

PartnerTech, a Swedish contract manufacturer, has selected IFS Applications as a critical element in its future strategy. PartnerTech wanted a platform that would contribute to greater efficiency and flexibility and thereby support the company`s continuing development.

PartnerTech has purchased components for financial control, manufacturing, engineering, supply chain management, strategic capacity and material planning, and business performance.

The implementation of the first phase will begin at PartnerTech`s plant in Atvidaberg, Sweden, and is scheduled for completion in the spring of 2007. The first phase has a total value of SKr 9 million. Subsequently, PartnerTech plans to implement the solution in its subsidiaries in Norway, Finland, and Poland. The total value for IFS over the coming three years is estimated at SKr 20 million.

Mikael Jonson, chief executive officer of PartnerTech, said: "We presented a description of what we were looking for and asked different vendors to present their best solution. Although we were impressed by the functionality of IFS Applications, the decisive factor was the involvement and interest shown by the IFS consultants in our project and goals."

Major IT projects are often characterised by a clear division between buyer and seller. IFS seeks to avoid this, working rather as a partner to develop processes and system support in close collaboration with its customers. This helps create an environment in which the competence of both parties can be utilised and combined in the most effective manner.

Glenn Arnesen, managing director of IFS Scandinavia, said: "Like PartnerTech, IFS operates in a rapidly changing market that requires the agility to react to change if you want to succeed. IFS collaborates with manufacturing companies worldwide, giving us both experience and competence in the industry. We have found the optimal solution, which we combine with an agile system that can easily be adapted to new needs."

Arnesen concludes: "We are looking forward to collaborating closely with PartnerTech on functionality and processes that will fulfil a clearly defined goal: to provide PartnerTech and its customers with the greatest possible value."

PartnerTech

PartnerTech develops and manufactures under contract for leading companies, primarily in telecommunications, IT, the engineering industry and medical technology. The company has approximately 1 600 employees, reported revenue of SKr2.5 billion over the past 12 months, and is listed on the O list of the Stockholm Stock Exchange. (www.partnertech.com)

IFS and IFS Applications

IFS (XSSE: IFS), the global enterprise applications company, provides solutions that enable organisations to respond quickly to market changes, allowing resources to be used in a more agile way to achieve better business performance and competitive advantage.

IFS was founded in 1983 and now has 2 600 employees worldwide. IFS interests in sub-Saharan Africa are represented by the IFS Group in South Africa. The IFS Group has formed a joint venture with BEE Consortium Motswedi Group to form Motswedi IFS. Shareholding in the venture is 51% held by IFS with the remaining 49% held by Motswedi.

IFS has pioneered component-based enterprise resources planning (ERP) software with IFS Applications, now in its seventh generation. IFS` component architecture provides solutions that are easier to implement, run and upgrade.

IFS Applications is available in 54 countries, in 20 languages.

IFS has over 500 000 users across seven key vertical sectors: aerospace and defence, automotive, hi-tech, industrial manufacturing, process industries, construction and facilities management, and utilities and telecom. IFS Applications provides extended ERP functionality, including supply chain management; enterprise asset management; maintenance, repair and overhaul; product lifecycle management; customer relationship management; and corporate performance management capabilities.

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