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IBS signs major deal with european distributor AxFlow

Press Release Nov 22, 2002

IBS has been chosen by AxFlow to provide a comprehensive solution for handling AxFlow's sales and distribution operations in its 17 wholly-owned European subsidiaries. AxFlow will use IBS' ENTERPRISE software to optimise sales, procurement, service and distribution with one common system throughout the whole AxFlow group. The total order includes hardware, implementation and outsourcing services.

AxFlow markets and distributes fluid handling equipment for process industries. The company is the largest distributor of positive displacement pumps in Europe. AxFlow is one of eight business areas within Axel Johnson International.

"Today, our business and communication systems at the subsidiaries differ from country to country, with few exceptions," says Curt Källström, CEO of the AxFlow Group. "We are looking forward to implementing the total IT solution from IBS, as we are confident that we will very soon see a comfortable return on investment, measured in both efficiency and profitability. Outsourcing the running of the system will also enable us to concentrate on our business objectives."

The roll-out of AxFlow's solution from IBS has commenced in Belgium, with UK and Ireland next in turn. When the project is complete, all 17 countries in the AxFlow Group will be covered.

"IBS' single-vendor concept, our international profile, and our supply chain focus were decisive reasons for AxFlow choosing IBS. In a tough market, our market share continues to grow," says Gustaf Lindgren, VP Sales and Marketing for the IBS Group.

About AxFlow

AxFlow is a wholly owned subsidiary of Axel Johnson International AB, which is part of the Axel Johnson Group. AxFlow's revenue amounted to SEK 976m last year, with an operating profit of SEK 31.1m with 400 employees.

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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