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IBS launches vertical software to pharmaceutical industry

Press Release Nov 19, 2001

IBS has released its IBS Pharma software globally. IBS Pharma is specially developed for pharmaceutical wholesalers and distributors. It is based on IBS' experience from many installations within pharmaceutical distribution world-wide. The software is specifically focused on the demanding requirements pharmaceutical distributors have regarding high transaction volumes, fast customer deliveries, traceability, security and availability. These are all areas where IBS has a leading edge.

"We have seen a rapidly growing demand for vertical solutions," says Magnus Wastenson, VP Global Marketing for the IBS Group. "IBS Pharma is our newest product in this range. Pharmaceutical distribution is actually among the most advanced areas within distribution and supply chain management. Therefore, the global market for pharmaceutical distribution, which amounts to more than USD 220bn per year, is especially interesting for us."

IBS Pharma covers all major areas within pharmaceutical distribution, from sales order management, e-business, Inventory Control, procurement, warehousing, logistics, Financials and business analysis. The software has specifically designed functionality for pharmaceutical distribution. IBS Pharma can process more than 2,000,000 orders per hour in a productive environment.

The IBS Pharma software is based on IBS' successful ASW software, release 4.50. IBS Pharma is sold and installed through IBS' international network of subsidiaries and business partners. IBS has created a special Global Competence Center for IBS Pharma, at IBS GmbH in Hamburg, Germany.

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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