M7 Aerospace LP Selects IFS Applications to Streamline Seven Business Units on Single Database

IFS, the global enterprise applications company, announced today that M7 Aerospace LP, of San Antonio, Texas, selected IFS Applications to support its aviation services organization, which is involved with aero structures manufacturing, aircraft maintenance repair and overhaul (MRO) and other aircraft product support services.

M7 Aerospace has a long history of supporting aircraft fleets for the United States Military, including the C-20, C23 and C-26 aircraft. These support efforts require the staffing and coordination of the materials that are stationed with the aircraft worldwide. In addition to the military support programs, M7 Aerospace - as the Original Equipment Manufacturer (OEM) - supports the entire fleet of 700 Fairchild Metro & Merlin aircraft for both commercial and military customers.

M7 Aerospace will implement IFS Applications’ Financials, Distribution, Manufacturing, Engineering and Human Resources. IFS Applications will replace M7 Aerospace’s existing legacy system.

M7 Aerospace’s growth in recent years has outpaced its current enterprise systems and as M7 Aerospace continues to experience growth and wins additional contracts it will need a fully integrated solution for support. This is why they looked to IFS for a reliable streamlined solution.

"We chose IFS Applications because it was the only system that offered M7 Aerospace LP the opportunity for all seven business units to be supported by one application, in a single database, for an effective price,” M7 Aerospace CEO Kevin Brown said. "We believe M7 will gain efficiencies and increase productivity with IFS Applications, as well as have visibility over its seven business units. With IFS we can penetrate new markets and enhance our presence with existing customers.”

"IFS continues to gain momentum in the aerospace and defense industry because we provide an industry-specific solution that can be relied upon to support critical government programs and CLS contracts,” IFS North America President and CEO Cindy Jaudon said.

Aerospace and defense is one of IFS’ targeted market segments. IFS Applications includes advanced standard functionality that meets the demanding requirements of the armed forces. IFS’ fully integrated MRO, performance-based logistics (PBL), project management, fleet management, supply chain management, and other IFS Applications components help to ensure asset visibility, sustainment, and availability—three key objectives in managing weapons systems for optimal combat readiness. IFS also provides an industry-specific solution for defense manufacturers that helps companies manage the design, manufacturing, and ongoing spare parts logistics and maintenance support of complex products throughout the product lifecycle.

IFS customers within the aerospace and defense industry include the United States, British and Norwegian defense organizations as well as the Eurofighter consortium. Commercial MRO shops and operators include Bristow Helicopters, Aero-Dienst GmbH, Hawker Pacific, and Jet Turbine Services. In addition, IFS provides solutions to original equipment manufacturers (OEMs) such as General Dynamics, Lockheed Martin, BAE SYSTEMS, Saab Aerosystems, and GE Aircraft Engines.

About M7 Aerospace

M7 Aerospace began operations in 2003 after acquiring the assets of Fairchild Aircraft. M7 remains the OEM for the fleet of Fairchild-built Metro, Merlin, Expediter and C-26 aircraft, but has transformed itself into a leading provider of aerospace and defense services. M7 operates from its 405,000 sq. ft. facility located on 22 acres at the San Antonio International Airport and employs nearly 500 people worldwide. More information is available at www.m7aerospace.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 more than 50 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 at www.IFSWORLD.com.