Sydney, Australia (PressExposure) September 07, 2009 -- International Business Systems (STO: IBS B) the leading application supplier for wholesale and distribution, today announced a significant contract with a large American importer and distributor of spare parts, to deliver business systems to help make inventory, logistics and distribution processes more effective. IBS application software and services have been chosen to help expand distribution management for a leading distributor's US, Canadian and Mexican operations. The agreement contains a substantial license fee, of which $1.5M (SEK 10 m) that was recognized as part of the second quarter earnings.
Further details of this contract will be announced at a later date.
For more information, please contact: Fiona Chong, Marketing Communication Specialist, IBS Australia Tel: 1300 882 467 email@example.com
IBS specialises in differentiating companies from their competitors on the strength of their distribution operations.
More than 4,000 companies in 40 countries rely on IBS to improve their distribution operations â enabling them to achieve both increased profitability and higher valued services to the channel.