(9/6/2010 | Financial News | Linköping)

The Federal Aviation Administration (FAA) has selected IFS Applications as its supply chain and maintenance repair and overhaul (MRO) solution to ensure reliability of equipment used throughout the U.S. National Airspace System (NAS). Lockheed Martin will be the system integrator in support of the FAA program called the Logistics Center Support System (LCSS).

The NAS is one of the most complex aviation systems in the world — enabling an average of 50,000 flights per day in the United States and over much of the world's oceans.

The NAS encompasses 14,500 air traffic controllers, 4,500 aviation safety inspectors, and 5,800 technicians. It includes more than 19,000 airports and 600 air traffic control facilities. In all, there are 41,000 NAS operational facilities. In addition, there are over 71,000 pieces of equipment to maintain, ranging from radar systems to communication relay stations.

The LCSS solution replaces the FAA’s existing Logistics and Inventory System in use at the Federal Aviation Administration Logistics Center (FAALC), a distribution, warehousing and repair facility housed at the Mike Monroney Aeronautical Center in Oklahoma City.

“IFS is recognized as a world leader in MRO functionality in the aerospace and defense industry worldwide,” IFS North America President and CEO Cindy Jaudon said. “But there is a special pride that comes from knowing that as our friends, family, customers, and employees travel throughout North America, IFS Applications is running behind the scenes as a best-in-class MRO solution, helping to ensure that this nation’s transportation infrastructure is operational.”

Aerospace & Defense is a targeted industry vertical for IFS. IFS Applications’ strength in enterprise asset management (EAM), maintenance repair and overhaul (MRO) and defense manufacturing is complemented by its fully integrated project tracking and product data management (PDM) capabilities. IFS Applications is a best-practice solution for fleet management, MRO and supply chain management in Aerospace & Defense.

IFS customers within the Aerospace & Defense industry include the US, British and Norwegian defense organizations as well as the Eurofighter consortium. Commercial MRO shops and operators include Finnair, Bristow Helicopters, Aero-Dienst GmbH, Hawker Pacific, and Lufthansa Technik Qantas. In addition, IFS provides solutions to original equipment manufacturers (OEMs) such as Lockheed Martin, General Dynamics, BAE Systems, Saab, and GE Aviation.

About IFS

IFS is a public company (OMX STO: IFS) founded in 1983 that develops, supplies, and implements IFS Applications™, a component-based extended ERP suite built on SOA technology. IFS focuses on agile businesses where any of four core processes are strategic: service & asset management, manufacturing, supply chain and projects. The company has 2,000 customers and is present in more than 50 countries with 2,700 employees in total. Net revenue in 2009 was SKr 2.6 billion

The information is that which IFS is required to declare by the Securities Business Act and/or the Financial Instruments Trading Act. The information was submitted for publication on September 6th, 2010, at 12.00 a.m. CET.

About Federal Aviation Administration (FAA)

The Federal Aviation Administration (FAA) is an agency of the United States Department of Transportation with authority to regulate and oversee all aspects of civil aviation in the U.S. (National Airworthiness Authority). The Federal Aviation Act of 1958 created the group under the name "Federal Aviation Agency", and adopted its current name in 1967 when it became a part of the United States Department of Transportation.

The Federal Aviation Administration's major roles include:

• Regulating U.S. commercial space transportation
• Regulating air navigation facilities' geometry and Flight inspection standards
• Encouraging and developing civil aeronautics, including new aviation technology
• Issuing, suspending, or revoking pilot certificates
• Regulating civil aviation to promote safety, especially through local offices called Flight Standards District Offices
• Developing and operating a system of air traffic control and navigation for both civil and military aircraft
• Researching and developing the National Airspace System and civil aeronautics
• Developing and carrying out programs to control aircraft noise and other environmental effects of civil aviation

Anne Vandbakk
Phone: +47 66 90 74 10
Fax: +47 66 90 73 01
E-mail: anne.vandbakk@ifsworld.com

Manni Svensson
Phone: +46 858 784 500