IBS AG excellence, collaboration, manufacturing

EANS-News: IBS AG excellence, collaboration, manufacturing
IBS Industrial Business Software (Shanghai), Ltd. is Granted Chinese Business Licence


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Company Information


Hoehr-Grenzhausen (euro adhoc) - PRESS RELEASE                                  
      


IBS Industrial Business Software (Shanghai), Ltd. is Granted Chinese Business
Licence


* The Chinese government's latest 5-year plan promotes streamlining and higher
quality standards.

* IBS already has a basis of approximately 70 installations in China.

* The IBS Group's global roll-out projects in China alone promise a turnover
potential of approximately 1M EUR in 2011.

Hoehr-Grenzhausen, 3rd August 2011 - IBS Industrial Business Software
(Shanghai), Ltd., with head office in Shanghai (China), is a wholly-owned
subsidiary of IBS AG. The Company, founded as a response to the dramatic
increase in demand for industrial software solutions for quality, production,
traceability and compliance management solutions on the Asian market, is aimed
at providing support for not only Chinese companies but also existing IBS
customers with plants and branches in China.

IBS AG carried out its first successful installation in China in as early as
2000. In 2006 IBS AG opened its own support site in Shanghai, which was aimed at
supporting existing IBS customers with production facilities in China. IBS AG
was able to celebrate its first Chinese-Taiwanese customer - TIANJIN NEW WEI SAN
INDUSTRIAL CO., LTD. (NWS) - in 2010, following which NWS submitted a major
order with IBS covering the entire IBS AG software suite. A considerable
increase in demand for IBS' industrial software solutions and services in China
- from both existing customers and Chinese companies - finally led IBS to decide
in favour of founding its own company in China.

IBS Industrial Business Software (Shanghai), Ltd. was granted its business
licence during the second quarter of 2011, following which the Company was able
to launch its business operations.  Today, IBS has over 70 successful
installations in China. The IBS Group's global roll-out projects promise a
turnover potential of approximately 1M EUR for 2011 in China alone. Continuous
growth is anticipated for 2012.

IBS Industrial Business Software (Shanghai), Ltd. currently employs seven
members of personnel in the areas of sales, project management and support.

"Opening a new company in China is an important part of our internationalisation
strategy and a makes a clear statement to our customers", says Nina Slegers,
General Manager and Legal Representative of IBS Industrial Business Software
(Shanghai), Ltd. "We are striving to get closer to our customers in China and
offer them the best possible service. The Chinese government's latest 5-year
plan also places greater emphasis on the themes of "streamlining and higher
quality standards", which made our decision in favour of China even easier",
continues Nina Slegers.


Arnd Slegers, Managing Director Asia Pacific at IBS Industrial Business Software
(Shanghai), Ltd., explains, "Becoming quickly established in China relies on
developing important partnerships and co-operations with Asian and Chinese
companies. In particular, we are initially striving to partake in the Chinese
industry's above-average growth rate. The Chinese industry has also adopted the
IBS themes of resource-sparing and environmental friendliness", adds Arnd
Slegers.       

* * *

About IBS AG:


IBS AG is a leading supplier of cross-company standard software systems and
consulting services for industrial quality, production, traceability and
compliance management. In keeping with the corporate philosophy "The
Productivity Advantage", IBS AG's Best Practice solutions contribute to a
sustainable boost in corporate productivity. IBS customers receive the support
of a team of experienced consultants and specialists throughout each phase of
the project and beyond. IBS AG, founded in 1982, today employs over 200
personnel in Europe, China and the USA. 

The Company is listed in the Prime Standard of the German Stock Exchange in
Frankfurt/Main (ISIN DE0006228406) and is also member of the GEX-German
Entrepreneurial Index. 

IBS AG software installations amount to over 4,000 worldwide and can be found at
companies such as Audi, Beam Global, BMW, BorgWarner, BOSCH, Caterpillar,
Daimler, Electronic Networks, FCI Automotive, Goodyear, Kimberly Clark, KEIPER,
Liebherr, Magna Automotive, Kautex Textron, Parker Hannifin, Procter & Gamble,
Rock Tenn, Porsche, Siemens, SMA Solar Technology, ThyssenKrupp and W.L. Gore.

* * *
In case of query, please contact: Public Relations IBS AG, Stefan Stroeder,
Tel.: +49 (0)2624 9180-475, E-mail: stefan.stroeder@ibs-ag.de 

* * *


Further inquiry note:
Public Relations IBS AG, 
Stefan Stroeder, 
Tel.: +49 (0)2624 9180-475, 
E-mail: stefan.stroeder@ibs-ag.de

end of announcement                               euro adhoc 
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company:     IBS AG excellence, collaboration, manufacturing
             Rathausstrasse 56
             D-56203 Hoehr-Grenzhausen
phone:       +49(0)2624 9180-424
FAX:         +49(0)2624 9180-966
mail:     investorrelations@ibs-ag.de
WWW:      http://www.ibs-ag.de
sector:      Software
ISIN:        DE0006228406
indexes:     CDAX
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
             Hamburg, Stuttgart, Düsseldorf, München 
language:   English
 

 

 



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