IBS takes its business to The Netherlands

6 May, 2008:

IBS Software, a leading global provider of new-generation IT solutions to the Travel, Transportation and Logistics (TTL) industry announced the setting up of an office at Rotterdam, in The Netherlands.

Through the new facility, IBS seeks to establish an Ocean Transportation Line of Business (LoB), the latest addition to its six other lines of business. This is IBS’ second office in Europe after London and its fourteenth worldwide.

According to V K Mathews, Chairman and CEO, IBS Group, “IBS has been growing rapidly in the past few years. We have not only added new products to our existing LoBs, but also added new lines of business. We foresee great potential in the ocean transportation business. The office at Rotterdam, known to have one of the largest and the best known seaports in the world will provide us a base and the expertise to add new products to build this particular Line of Business.”

“The port of Rotterdam is the gateway to Western Europe, while the Netherlands has a well known reputation in regard to marine logistics and transportation activities. Setting up an office in such a dynamic and supportive environment brings many advantages to our Ocean Transportation LoB” said Martin Debel, Vice President and Head, Ocean Transportation LoB.

IBS already has a fully integrated seaport operation management solution iPort in the Ocean Transportation LoB. iPort is implemented at three ports under the Sharjah Ports Authority as well as at the Port of Male (Maldives Port Authority). The product supports the entire gamut of port operations ranging from marine operations, cargo and container operations, yard operations, cargo delivery to billing of all services rendered by a seaport.

IBS offers a range of products and services that manage mission-critical operations of major airlines, airports, oil and gas companies, seaports, cruise lines, hotels and tour operators world-wide.