IFS Applications Business Software Chosen by Aerospace and Gas Turbine Fabricator Danville Metal Stamping Co. Inc

Business Wire, Oct 12, 2001

Business Editors & High-Tech Writers

CHICAGO--(BUSINESS WIRE)--Oct. 12, 2001

IFS has signed a contract with Danville Metal Stamping Co. Inc., of Danville, Ill. to provide IFS Applications(TM) business software and services.

Danville Metal will implement IFS' component-based software to support the fabrication of sheet metal components and assemblies for the gas turbine and aerospace industries.

It will deploy IFS modules for manufacturing, maintenance, engineering, quality management, human resources, financials, and supply chain management.

"Danville Metal is continuing its transition from manufacturing departments to manufacturing cells with flow lines that reduce cycle times, increase capacity and promote even higher quality parts for our aerospace and gas turbine customers," said Judd Peck, Danville Metal president.

"We believe IFS Applications will best support this change with its broad functionality, total integration capabilities, and experience with providing software solutions in the aerospace arena."

"IFS makes the process of change easier with more than 60 integration-friendly components that provide extreme flexibility for step-by-step implementation. With Web-based and portal technology, the IFS system helps companies of all types collaborate with their suppliers, customers and partners to shorten order-to-delivery times and to achieve greater efficiencies," said Terje Vangbo, IFS North America president.

Danville Metal produces a variety of metal components for the aerospace and gas turbine industries. Its customers include: Pratt & Whitney, General Electric, Honeywell, and Rolls-Royce. Danville Metal carries ISO 9002 and AS9000 systems certifications and various process certifications from NADCAP/PRI. More information about Danville Metal is available at www.danvillemetal.com.

About IFS (www.ifsworld.com)

IFS develops and supplies component-based business applications for medium and large enterprises. IFS Applications, which is based on Web and portal technology, offers 60+ enterprise application components used in manufacturing, supply chain management, customer relationship management, financials, engineering, maintenance and human resource administration. I

IFS provides customers step-by-step evolution to the extended enterprise with e-business solutions that offer partner, customer, and supplier collaboration.

A top five global business applications supplier, IFS has more than 3,500 employees, with sales in 43 countries. The company is listed on the Stockholm Stock Exchange (XSSE:IFS).

IFS Applications is a trademark of IFS Industrial and Financial Systems. All other referenced company or product names are trademarks or registered trademarks of their respective owners.