ITASCA, Ill. — (BUSINESS WIRE) — September 8, 2009 — IFS, the global enterprise applications company, announced today that Hytrol Conveyor Company (Hytrol), a major manufacturer of conveyors and conveying systems, has chosen IFS Applications to support its strategic initiatives by streamlining its business practices, reducing cycle times and expanding customer relations. The solution will be implemented at Hytrol’s factory and technology center both located in Jonesboro, Arkansas.

Hytrol chose IFS Applications to replace its inflexible 20-year-old software solution, and will implement components for financials, supply chain, engineering, manufacturing, sales and marketing, service and maintenance, project management, document management, quality management, human resources and business analytics.

IFS was selected for its proven depth and breadth of product functionality, ease of use, and track record of success in similar companies, according to Hytrol officials. “We were looking for an enterprise software package that would enable us to better manage both complex ETO and CTO projects, and after evaluating several leading vendors, we found that IFS offers the strongest solution on the market,” Hytrol Director of IT Steve Bell said.

“At IFS, we have been developing applications for complex engineered products for over 20 years,” IFS North America President and CEO Cindy Jaudon said. “We provide the experience and the industry-specific tools to help engineer-to-order and mixed-mode machinery manufacturers become leaner, more agile, and better equipped to deliver their products on budget, on time, every time.”

Industrial manufacturing is one of IFS’ seven targeted market segments. IFS has a broad customer base in the industry, focusing on medium to large-sized manufacturers that need support for complex order-driven and mixed-mode manufacturing across the extended enterprise. With strong support for project management, engineering, constraint-based scheduling, product configuration, and after-sales support, IFS’ component-based business solutions are designed to help companies improve quality, contain costs, and improve their competitive position in manufacturing industry segments such as machinery, defense, fabricated metal products, and plastics. Industrial manufacturing companies also benefit from IFS’ lifecycle management solution, which goes beyond product lifecycle management (PLM) to provide better integration and management of three critical business areas—products, customers, and resources—throughout their lifecycles.

IFS Industrial Manufacturing customers include Aeromatic-Fielder, Star-Cutter, J&H Machine Tools, Konskilde, Nolato Group, Bombardier, Colfax Corporation, Chief Industries, Inc., Partnertech AB, Stolle Machinery, Völkl and Tour & Andersson.

About Hytrol Conveyor Company, Inc.

Hytrol is a major manufacturer of conveyors, conveying systems, and conveyor accessories. Since its beginnings in 1947, Hytrol has grown into one of the largest manufacturers of conveyors and conveying hardware in the world. Hytrol currently has approximately 63 Distributors in the United States. Add to this list 22 International Distributors, representing 13 countries, and Hytrol is truly one of the world leaders in the conveyor industry. For more information please visit www.hytrol.com.

About IFS

IFS is a public company (OMX STO: IFS) founded in 1983 that develops, supplies, and implements IFS Applications™, a fully-integrated, component-based extended ERP suite built on SOA technology. The company has more than 2,000 customers in 54 countries and focuses on seven main industries: aerospace & defense, utilities & telecom, manufacturing, process industries, automotive, retail & wholesale distribution, and construction contracting & service management. IFS has 2,700 employees and net revenue in 2008 was $383 million. More information on IFS is available at www.IFSWORLD.com/us.

IFS Applications is a trademark of Industrial and Financial Systems, IFS AB (publ). All other referenced company or product names are trademarks or registered trademarks of their respective owners.

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