IFS Extends Agreement with Damen Shipyards Group

LULEÅ, Sweden — IFS (STO:IFSA)(STO:IFSB), the global enterprise applications company, announces that Dutch shipbuilder, Damen Group, has chosen to extend its agreement with IFS by purchasing additional user licenses for IFS Applications™.

Damen Shipyards, headquartered in Gorinchem, The Netherlands, implemented IFS Applications in 2010 to support business processes across its global organization. By extending its use of IFS Applications, Damen Group is reinforcing its strategic, long-term partnership with IFS.

"We will deploy IFS globally for all Damen companies," said Marc de Thouars, Group IT Director of Damen Group. “This extension of our license agreement will allow us to share resources between the various companies with one central database for parts and resources.”

“The maritime sector is one of IFS’s target industries. We offer an integrated, industry-specific solution for managing the entire project and asset lifecycle, from engineering, procurement, materials management and management to installation and commissioning,” said Nico van Heuven, Managing Director, IFS Benelux. “IFS staff worldwide has extensive experience in this industry, which we have used to develop best-practice solutions in collaboration with our customers. Our focus and our global IFS network are the reasons that Damen chose IFS in first place, and are also the reasons why they are extending its contract with us.”