IBM and IFS Announce Global Strategic Alliance to Add DB2 Support to IFS Applications

Deal worth Over $300 Million

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SOMERS, New York & LINKOPING, SWEDEN - 05 Jul 2000: -- IBM (NYSE: IBM) and Industrial and Financial Systems (IFS AB), the world's fastest-growing enterprise applications vendor, have signed a global strategic alliance agreement to add DB2 Universal Database* support to IFS applications. The companies together anticipate the agreement will grow their businesses by more than $300 million U.S. dollars over three years.

IBM will collaborate with IFS to define, build and execute joint marketing activities which will generate sales of IFS Applications licenses. Additionally, IBM will provide the required hardware, database licenses and expert level consultancy resources to add DB2 support to IFS Applications.

"The IFS strategy that has propelled our success and enabled us to remain the fastest-growing supplier of enterprise applications for over two years is to gradually add leading components and technology to IFS Applications, as we see market demand emerge. Through this partnership with IBM, we together will extend IFS Applications reach into traditional IBM accounts as well as giving IFS customers the freedom to choose DB2 and embedding a subset of the WebSphere Family components into IFS Applications,"commented Michael Hallén, president of IFS R&D. He continued, "the first set of IFS Applications components containing DB2 support, will be released during the first half of 2001."

Michael Lawrie, IBM General Manager, Europe, Middle East, Africa, commented: "IFS Applications represents the world's fastest-growing suite of business applications, and we value the clear competitive edge provided by IFS' component-based solutions. Our collaboration with IFS means that we will be able to offer our customers comprehensive solutions for handling the opportunities made available by the Internet and mobile telephony."

The collaboration has already started in terms of joint marketing and development activities in the Service Management sector, as well as database training and development at IFS R&D's Special Projects laboratory in Sweden. The first IFS component with full DB2 support will be released during the first quarter of 2001.

Bengt Nilsson, president of IFS, added, "the competence and resources of IBM will enable us to sell and deliver IFS Applications to larger, more demanding organizations than would have been possible with our own resources. We have many years of experience with IBM's product offerings and are very impressed by the universal portability and openness of all IBM product suites. These features complement IFS Applications and add extra benefits for our joint customers."

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