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News and Events -> Velocity is IFS partner

Chicago, February 19, 2007

Velocity Group joins IFS Business Partner Network in U.S. to provide sales and service

IFS, the global enterprise applications company, announced today that Velocity Group, Inc., has joined the IFS Business Partner Network in the United States. Velocity Group will focus on selling IFS Applications™ 7, IFS’ component-based enterprise software suite, in the Midwest to medium-size manufacturers that need support for complex mixed-mode manufacturing across the extended enterprise. Using an advanced process-driven methodology, Velocity Group has been selling another enterprise resources planning (ERP) solution throughout North America for the past seven years.

Velocity Group provides a wide range of enterprise technology solutions and strategic consulting services for companies to deliver increased efficiency and effectiveness. Its proven methodology drives the cost out of doing business on a day-to-day basis, improves profitability, and creates a business culture of productivity that is agile, innovative, and more importantly, sustainable.

Velocity Group uses its Success Assurance Model™ (SAM) to rapidly define business objectives, identify the most significant contributors to corporate success, and deliver the technologies and training for success. SAM consistently delivers high-value solutions to companies, generating a rapid return on investment (ROI) and tangible results.

“Velocity Group’s Success Assurance Model fits perfectly with the IFS Applications’ agility because it allows companies to implement only the components needed for their specific business processes,” said Bob Corrigan, Director of Channel Sales for IFS North America. “Using IFS’ integrated business models and our service-oriented architecture, IFS provides our partners with a robust product for the mid-market.”

“After two years of careful research, we selected the IFS Applications suite as the ERP technology for our very effective Success Assurance Model,” said Michael Ligudzinski, President of Velocity Group’s Strategic Services Division. “We are impressed by the functionality and technical architecture of the IFS system. It enables us to better deliver the full benefits of our SAM approach.”

About IFS

IFS (OMXS: IFS), the global enterprise applications company, provides solutions that enable organizations to respond quickly to market changes, allowing resources to be used in a more agile way to achieve better business performance and competitive advantage.

IFS was founded in 1983 and now has 2,600 employees worldwide. IFS pioneered component-based enterprise resources planning (ERP) software with IFS Applications, now in its seventh generation. IFS’ component architecture provides solutions that are easier to implement, run, and upgrade. IFS Applications is available in 54 countries, in 20 languages.

IFS has more than 500,000 users across seven key vertical sectors: aerospace & defense, automotive, high-tech, industrial manufacturing, process industries, construction & facilities management, and utilities & telecom. IFS Applications provides extended ERP functionality, including supply chain management (SCM); enterprise asset management (EAM); maintenance, repair, and overhaul (MRO); product lifecycle management (PLM); customer relationship management (CRM); and corporate performance management (CPM) capabilities.

For additional information, contact:

Claire Rowberry, LEWIS PR
Phone: +1 617 226-8840
E-mail: ifsna@lewispr.com

Richard Young, LEWIS PR
Phone: +1 617 226-8840
E-mail: ifsna@lewispr.com

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