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Damen Shipyards Extends IFS Agreement

Maritime Activity Reports, Inc.

December 30, 2012

IFS announce that Damen Group, has chosen to extend its agreement with them 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.”

IFS is a public company founded in 1983 that develops, supplies, and implements IFS Applications™, a component-based extended ERP suite built on SOA technology. IFS focuses on industries where any of four core processes are strategic: Service & asset management, manufacturing, supply chain and projects.

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