IFS Becomes Principal Partner of the Sauber F1 Team

IFS (Industrial Financial Systems) (STO:IFSA) (STO:IFSB)

The Sauber F1 Team is pleased to announce IFS as a Principal Partner for the 2016 FIA Formula One Championship. IFS is a global enterprise applications company.

IFS has built a reputation for providing companies around the world with software that enables them to effectively manage their operations, identify trends and opportunities so that they can be agile and capitalise on change. With over a million users in its target markets (including the automotive sector), IFS is recognised by independent analysts as an industry leader for its enterprise resource planning (ERP), enterprise asset management (EAM) and enterprise service management (ESM) solutions.

The IFS branding will appear on the rear wing end plates as well as on the top of the monocoque on both Sauber C35, on the drivers’ overalls and helmets of Marcus Ericsson and Felipe Nasr, as well as on the teamwear. During the first winter test in Barcelona the logos will be visible on the Sauber C34-Ferrari in the 2016 livery.

Monisha Kaltenborn, Team Principal of the Sauber F1 Team:

"We are very pleased to welcome IFS as a Principal Partner of the Sauber F1 Team. In this demanding time for Formula One, it is of utmost importance to have strong partners on board. Together with IFS, we are laying an important foundation for the upcoming season as well as for future projects. This collaboration proves that both companies share similar values as regards to performance, high tech and high quality standards which are fundamental for a fruitful partnership. We look forward to working with IFS and have the objective to establish a long and successful collaboration.”

Mark Boulton, Chief Marketing Officer at IFS:

"This new partnership between IFS and the Sauber F1 Team is based on strong foundations, as both companies are commited to innovation, focused on design and treasure the power of effective teamwork. It’s these qualities that led to the successful launch of IFS Applications 9 and they are lived by our employees and partners every day as we continue to empower our growing global customer base with IFS’s leading software and solutions. We are proud to be collaborating with the Sauber F1 Team for what promises to be an exciting season.”

Pictures of the Sauber C34-Ferrari in the 2016 livery are available in our media portal.

About IFS

IFS™ (http://www.ifsworld.com/en/) is a globally recognized leader in developing and delivering enterprise software for enterprise resource planning (ERP), enterprise asset management (EAM) and enterprise service management (ESM). IFS brings customers in targeted sectors closer to their business, helps them be more agile and enables them to profit from change. IFS is a public company (XSTO: IFS) founded in 1983 and currently has over 2,800 employees. IFS supports more than 1 million users worldwide from its network of local offices and through a growing ecosystem of partners. For more information visit: www.ifsworld.com (http://www.ifsworld.com/en/).

Follow us on Twitter: @ifsworld (http://www.twitter.com/ifsworld)

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