PaperlinX chooses IBS software for 18 countries in Europe

IBS has signed an agreement with PaperlinX regarding the planned
roll-out of IBS' specialised software solution for the Paper and
Packaging industry, IBS Paper. The agreement covers the terms and
conditions for software installations for 4,000 users in 18 European
countries.

PaperlinX is one of the largest paper merchant companies in the world,
employing more than 10,000 people in 30 countries and is listed on the
Australian stock exchange. After a nine month evaluation period,
PaperlinX has selected IBS as the supplier of ERP-software solutions for
their European operations.

"The PaperlinX management team have made a thorough evaluation of the
IBS Enterprise software and were very impressed with system and it's
industry specific functionality, tailored for the paper industry", says
David Walker, Group CIO at PaperlinX.

PaperlinX plan to streamline operations and consolidate the different
ERP-systems used in the Group today to one ERP-system, IBS Enterprise.
The roll-out will begin with a pilot installation in 2005. The agreement
between IBS and PaperlinX covers the terms and conditions for the
planned installation of IBS'specialised supply chain focused ERP
solution for the Paper and Packaging Industry throughout PaperlinX
operations in its European operating companies. The IBS Paper solution
covers CRM and sales order management, distribution and warehousing,
planning and forecasting, SRM and procurement, financial management,
business intelligence and performance measurement. As the European
roll-out is progressing, PaperlinX will evaluate the installed solution
and decide on installations in other PaperlinX units in Asia and North
America.

Magnus Wastenson, CEO of IBS, comments on the importance of the
agreement with PaperlinX:

"The agreement with PaperlinX shows the strength of our offering to
international groups in the Paper and Packaging Industry. By offering a
combination of sector specific software and a strong network we can make
fast and cost efficient international implementations that improve our
customer's profitability and customer service. The strategic partnership
with PaperlinX holds the potential of becoming the largest world wide
installation of IBS software so far".