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