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IBS announces the acquisition of Janis Group Inc.īs Supply Chain Division (JGI)

Press Release Jun 7, 2004

IBS-US announces the acquisition of the supply chain division of JGI after a successful strategic alliance partnership for two-years in the wholesale Distribution and manufacturing marketplace. IBS will purchase outright all assets and employees of the Supply Chain Division of JGI. The successful partnership is based on both organizations strength in Supply Chain Consulting, and experience and resources on IBM's leading mid-market business server; the eServer iSeries (AS/400). IBS is a Global Strategic Alliance Partner with IBM and focuses their vast R & D resources on the iSeries platform, related operating systems and software.

The addition of JGI into the IBS family will add offices and consultants in Rochelle Park, NJ and Buffalo, NY. These consultants average over 10 years with JGI and have in-depth knowledge in the fields of Manufacturing and Distribution as well as strong application and consulting and services wisdom in CRM, Financials, Integration, EDI, & Business Intelligence.

Barry Christian, President, IBS-U.S. states: "We are extremely pleased to acquire the Supply Chain Division of JGI. We knew going into this partnership two years ago that there was something very special between our two organizations. They have a tremendous history and reputation in Supply Chain consulting, services, and support. This acquisition will allow us to better serve our new and existing clients as well as enhance our ability to market, sell, implement, and support companies in the East. In addition, JGI's long history as a Supply Chain Consulting group will be enhanced by IBS's commitment to training and investment in R & D."

Jim Schappert, GM and Vice-President, JGI Supply Chain Division now Vice-President East Coast Operations, IBS states: "JGI has a long-standing tradition since 1982 of delivering consulting and services expertise to the distributor and manufacturer. Since JGI has over 500 customers we are very excited to be acquired by a leader in the Supply Chain industry. IBS' large base of over 5,000 customers worldwide, their strong focus and investment on R & D, and their relentless pursuit to grow market share led us to this acquisition. JGI's strong geographical presence in the Northeast and 20 year reputation as a solution, services, and support provider, combined with IBS' expertise and financial backing, will give us a powerful combination."

About Janis Group Inc. (JGI)

Since 1982, JGI has been a proven leader of application solutions and related services. As an advanced e-business systems company they sell, install and manage complex solutions for mid-market companies. JGI has successfully implemented over 500 ERP systems comprised of "best-of-breed" products specializing in optimizing and implementing systems.

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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