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Car Sound Deploys IFS Business Software to Support Manufacturing of Aftermarket Automotive Products

CHICAGO, Nov. 30, 2004 -- IFS announced today that Car Sound Exhaust System, Inc., a leading manufacturer of aftermarket catalytic converter and performance exhaust systems, has deployed IFS Applications(TM) business software. Car Sound is using IFS' supply chain management, financial, and engineering applications at its headquarters, R&D Tech Center, and Manufacturing Center in Rancho Santa Margarita, California. The company also deployed ScanWorks(TM), a wireless bar coding solution from IFS service partner eNSYNC Solutions, and plans to implement IFS' web portals soon.

(Logo: http://www.newscom.com/cgi-bin/prnh/20030320/IFSLOGO)

Qorval Integrated Solutions, Inc. (QI Solutions) led the implementation, working with an IFS project manager. QI Solutions has signed a service partner agreement with IFS to provide implementation services for IFS Applications in North America.

"The move to IFS has proven to be the right decision and a success," said Steve Ragow, chief financial officer of Car Sound Exhaust System, Inc. "We implemented IFS quickly, and the turnover was successful. Following the go- live, we had a banner sales month, delivered the product, and closed the month in three days instead of the usual 15 to 20 days. The integration and reporting/querying capabilities offered by IFS have helped us not only to get meaningful data out of the system immediately but also to focus on operational areas that needed improvement."

"Car Sound users have told me that the IFS software is very easy to use and that they're getting information now they could never have gotten before," Ragow added. "One person said, 'I had no intention of getting involved in the use of the system, but this information is so concise, and I get what I want without a lot of effort, that I will be using it every day.'"

"We're pleased to hear that Car Sound is experiencing immediate, measurable payback from their investment in IFS Applications(TM) because that's what we strive to deliver to all our customers," said Michael Nordin, president of IFS North America, Inc. "We're just as happy to hear the comments about the usability of our software. At IFS, we recognize that even the most advanced business system offers little value if no one in the office uses it. We designed IFS Applications to provide the rich functionality expert users need without giving infrequent users the feeling that they're using a big, inflexible system."

The automotive industry is one of the targeted vertical markets for both IFS and QI Solutions in North America. IFS' automotive solutions are designed for OEMs and their direct or indirect suppliers, such as system, part, or component suppliers. All core business processes, including product development, manufacturing, procurement, planning, and customer relationship management (CRM) are supported, along with quality management, financials, and human resources. IFS supports lean manufacturing through components for Kanban, Kaizen costing, and production schedules.

IFS has more than 100 automotive customers in North America, Europe, and Asia, including Volvo Cars, Volvo Trucks, MG Rover, BMW, Finnveden Sheet Metal Components, Lotus Cars, KYB Manufacturing North America, Expert Components, Toyo Denki Seizo k.k., Timberjack, London Taxis International, and VBG.

QI Solutions helps automotive companies improve their profitability through organizational development, process improvement, and better systems deployment.

About Car Sound Exhaust System, Inc.

Car Sound Exhaust System, Inc., of Rancho Santa Margarita, California, is an ISO 9001-approved manufacturer of aftermarket catalytic converter and performance exhaust systems. The company does business on six continents and produces and distributes more than 1,000 products from three facilities in California and one location in Italy. More information is available at www.car-sound.com.

About Qorval Integrated Solutions, Inc.

Qorval Integrated Solutions, Inc. (QI Solutions) of Irving, Texas, is a solution services provider focused on helping business-to-business companies architect and implement strategies that fully utilize today's technologies. QI Solutions helps companies enable their enterprise applications to solidify and extend customer relationships, optimize and integrate supply chains, and enhance operational efficiencies. QI Solutions specializes in delivering services to manufacturing and distribution companies competing in today's business-to-business marketplace, offering in-depth knowledge of and expertise in industry-specific business processes and integration with legacy systems. QI Solutions is committed to providing companies with end-to-end business solutions that are custom-tailored to their specific business practices. More information is available at www.qisolutions.com.

About IFS and IFS Applications

IFS develops and supplies component-based business applications for medium and large enterprises and organizations. IFS Applications, which can be implemented step by step, is based on web and portal technology. The solution offers 60+ enterprise application components used in manufacturing, supply chain management, customer relationship management, service provision, financials, product development, maintenance and human resource administration. IFS offers customers an easier, more open alternative. IFS is a leading global business applications supplier with sales in 45 countries and more than 350,000 users worldwide. The company is listed on the Stockholm Stock Exchange (XSSE: IFS).

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

For further information please contact: Emmett Holt, VP Marketing, IFS North America, +1-520-512-2000, or fax, +1-520-512-2001, emmett.holt@ifsna.com; or Chris Jensen, President, Jensen Market Relations, +1-714-847-7846, or fax, +1-714-847-4856, chris@jensenmarket.com, for IFS.

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