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Press Release

Raleigh, NC - October 04, 2002

IFS and Structured Solutions Form Alliance

Structured Solutions and IFS entered into a strategic alliance to provide organizations with a comprehensive, tightly integrated mobile and barcode solution that automates and streamlines procurement, manufacturing, distribution and inventory management.

Structured Solutions is a provider of mobile integration software and automated data collection systems for inventory management, compliance labeling, and shipment scanning verification. The combination of IFS' component-based enterprise applications and Structured’s ICode solution allows companies to quickly reduce operating costs and improve efficiencies internally and throughout their supply chains.

Commenting on the partnership, Jake Davidson, Chief Operating Officer for Structured Solutions said "Our unique expertise in addressing diverse requirements linked with IFS' core capabilities in business applications will offer significant return on investment to our joint clients." Davidson added, "IFS is a strategic player in its space, and we are delighted to join forces with them to provide a dynamic and advanced mobile solution."

About IFS and IFS Applications

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. IFS provides customers step-by-step evolution to the extended enterprise with e-business solutions that offer partner, customer, and supplier collaboration. A leading global business applications supplier, IFS has 3,000 employees, with sales in 46 countries. The company is listed on the Stockholm Stock Exchange (XSSE: IFS).

For additional information contact:

John B. Cleary, Manager | IFS Consulting Organization - IFS North America
Leo Davidson, VP Marketing - Structured Solutions