International Business Systems (IBS) Forms New Operating Division Called Iptor

Macquarie Park, Australia (PressExposure) November 23, 2009 -- New division set to focus on storage, infrastructure and content management solutions.

International Business Systems (STO: IBS B) the leading application supplier for wholesale and distribution, announced today the formation of a new division within the group called Iptor, aimed at providing a refined focus, greater market visibility and enhanced customer service for some of its solution offerings. President of the division will be Ulf Zetterberg, formerly IBS' Senior Vice President Nordics and ITS.

Bringing together several previously separate business units within IBS Group, the new division will focus on selling products and associated services that today are offered as add-ons to IBS Enterprise, IBS' core business application suite for distribution. This includes offerings such as storage capacity, technical infrastructure, content management and systems integration services and the division will operate globally.

"IBS has long been considered a leading specialist in core business applications for wholesale distribution companies, but in fact we also offer a significant range of other services and solutions to our customers as well", says Mike Shinya, CEO and President of IBS. "These offerings have historically not received the attention and credit they deserve, and by forming this new division under Ulf's leadership, our ability to serve the full range of our solutions to our customers will be significantly enhanced".

"We see a growing demand for our solutions and services and the foundation of Iptor allows us to continue to deliver solutions with the IBS group at the same time that we also can continue to develop and focus on our own customers outside the traditional IBS ecosystem", says Ulf Zetterberg.

More information about Iptor, an IBS division, will be posted on the new web site shortly.

For more information, please contact:

Oskar Ahlberg, Senior Vice President of Communications, IBS AB Tel: +46-70-244 24 75

Fiona Chong, Marketing Communication Specialist, IBS Australia Tel: 1300 882 467

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About IBS.Net

IBS specialises in differentiating companies from their competitors on the strength of their distribution operations.
Founded in 1978, IBS has over 30 years’ distribution software solution experience in industries ranging from automotive and electronics to paper, publishing and pharmaceuticals. This deep understanding of enterprise distribution software models and best practices is embodied in IBS’ global distribution system, which is enhanced with local expertise to create a unique ERP system for each IBS client.

More than 4,000 companies in 40 countries rely on IBS ERP software to improve their distribution operations – enabling them to achieve both increased profitability and higher valued services to the channel.

IBS B share is listed on NASDAQ OMX First North Exchange Stockholm. For more information, please visit

Contact :
Fiona Chong
Level 3
12 Waterloo Rd
Macquarie Park 2113 NSW
1300 882 467

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Press Release Submitted On: November 23, 2009 at 5:05 am
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