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Credit Suisse Leasing receives IBS software

Press Release Mar 19, 2001

IBS has received a significant order for its ASW business software from Credit Suisse Leasing in Zürich. The extended system will handle financial control and decision support for leasing operations in Switzerland and other countries. At the customer's request, the order value will not be disclosed. Fast-growing Credit Suisse Leasing is a market leader for leasing in Switzerland. To an increasing extent, standardized business with Credit Suisse Leasing customers is transacted via their Direct Leasing e-Commerce channel. Credit Suisse Leasing is also the largest customer in Switzerland to use the ASW Financials application. A project to further extend the usage of IBS' software in the customer's German operations is underway.

"We are very pleased to see how our quality systems have won the appreciation of Credit Suisse Leasing, with their exacting demands on high volumes, precision and availability," says Staffan Ahlberg, CEO of IBS.

About International Business Systems

IBS is a leading provider of business software and consulting services for Wholesale Distributors and Manufacturers worldwide. Customers rely on IBS' suite of software applications to automate demand-driven, supply-chain processes and gain a competitive advantage through improved operational efficiencies. IBS is an IBM Global Strategic Alliance Partner. Corporate revenues exceed $300 Million, and a network of almost 2,000 employees that span over 44 countries. IBS headquarters in the Americas is located in Folsom, California.

For further information, please contact:
Dan J. Wells
Vice-President of Marketing, IBS Americas
Tel: 1 (800) 886-3900
dan.wells@ibsus.com

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