The PRWIRE Press Releases http:// 2002-10-30T22:55:00Z IFS Vice President: Terrorism wont harm business prospects in Asia 2002-10-30T22:55:00Z ifs-vice-president-terrorism-wont-harm-business-prospects-in-asia Jan Moodh, IFSs Executive Vice President for the Asia-Pacific, Latin America and Central Eastern European regions, believes that the ongoing terrorism problem in these troubled regions will not greatly harm his companys business prospects. The recent unfortunate terrorist incidents in Moscow and Bali have firmly put these topical but important regions under international scrutiny, Mr Moodh said recently in Sydney. However, from a business perspective, I believe that the Asia-Pacific and Eastern European regions still offer enormous potential. They will continue to provide many business opportunities for companies brave enough to rise above the actions of those negative, anti-social influences and elements trying to subvert meaningful development in the countries of these regions, he said. Jan Moodh is responsible for IFSs performance in these growth markets. He is a foundation member of IFS, an international developer and supplier of component-based business applications for medium and large enterprises. Currently, Jan Moodh is undertaking a short visit to Australia. If you would like to interview him, contact Christopher Snedden, McCorkell & Associates, phone: 03. 9645 9010; mobile: 0438 422 108; Email: snedden@mccorkell.com.au. 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 3,100 employees, with sales in 43 countries. The company is listed on the Stockholm Stock Exchange (XSSE:IFS). In Asia Pacific, IFS has offices in Australia, China, Hong Kong, Indonesia, Malaysia, Philippines, Singapore, Sri Lanka and Thailand. It is represented via distributors in India and Taiwan. ### IFS Applications is a trademark of IFS. All other referenced company or product names are trademarks or registered trademarks of their respective owners. For additional information, contact: Trevor Fell, Manager, National Sales IFS Australia Pty Ltd 86 Denmark Street, Kew 3101 Melbourne, AUSTRALIA Tel +61(0)3 9854 9611; Fax +61 (0)3 9854 9699; Mobile +61(0)413 141 829 E-mail: trevor.fell@ifs.aust.com www.ifsworld.com IFS Secures Contract with the Three Gorges Project The Largest Hydropower Plant in the World 2002-08-19T20:10:00Z ifs-secures-contract-with-the-three-gorges-project-the-largest-hydropower-plant-in-the-world IFS has announced the signing of an agreement with the Three Gorges Project Corporation for the implementation of IFS Applications to provide total plant management, including maintenance, financials and human resources. Implementation commenced in April 2002, with the first phase expected to Go Live in mid-2003. The contract is valued at RMB 8 million (approximately USD 1 million). The Three Gorges Project is the largest water conservation project in the world, located on the Yangtze River in Hubei province, central China. Upon completion, the Three Gorges Project will be the largest hydropower plant in the world, with a total installed capacity of 18,200 MW and an annual output of nearly 84.7 billion kWh, roughly one-tenth of electricity consumption in China. IFS is a global provider of business applications for capital intensive projects. Some of the benefits experienced by implementing various combinations of IFS components include ease of access to business-critical information, speedier adaptation to changing conditions, flexibility of operations, savings in time and money and increased profitability and competitiveness. The application is designed to monitor and assist the financial aspects of the organisation during the design, build or maintenance phase of a project. The fact that Three Gorges Project Corporation has chosen to use IFS Applications as part of this enormous infrastructure project is recognition of our companys capabilities in significant capital intensive industries. Our success in the Chinese market and traditional Western economies indicate the true global nature and solution advantages of IFS Applications, said Rob Simmons, Managing Director, IFS Australia. About IFS and IFS Applications (www.ifsworld.com) 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 3,200 employees, with sales in 43 countries. The company is listed on the Stockholm Stock Exchange (XSSE:IFS). In Asia Pacific, IFS has offices in Australia, China, Hong Kong, Indonesia, Malaysia, Philippines, Singapore, South Korea, Sri Lanka and Thailand. It is represented via distributors in India and Taiwan. ###