IBM Signs Services Deals in Australia

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ARMONK, NY - 23 Jan 2008: IBM (NYSE: IBM) today announced new services agreements in Australia.

In 2007, IBM Australia grew three times faster than the local market and saw strong double digit revenue growth. Today's announcements indicate that IBM's strategic focus on delivering technology and services to growth markets is gaining momentum.

Today's announcements by IBM in Australia include:

All of these agreements were signed in the fourth quarter of 2007.

Glen Boreham, Managing Director, IBM Australia and New Zealand, said, "These significant deals reflect both the strength of the local economy, and the need for Australian organisations to find creative ways to address skills shortages, given the lowest unemployment rate in more than 30 years. Globalisation is providing opportunities for Australian organisations to tap into additional resources to grow and transform their organisations."

He continued, "As a result, the concept of the Globally Integrated Enterprise is resonating strongly with our clients, demonstrated by the strong double digit revenue growth of our local business throughout 2007. We're growing more than three times as fast as the market overall because we've proven our ability to effectively integrate local and global capability to help our clients succeed."

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