Solar Technology Company Braces for Growth with IFS Applications

SCHAUMBURG, Ill.—(BUSINESS WIRE)—February 20, 2008— IFS, the global enterprise applications company, announced today that Prism Solar Technologies, Inc. will implement IFS Applications at its Lake Katrine, N.Y. location.

Prism Solar Technologies, Inc. manufactures a unique solar module technology, which is commonly used in a wide range of residential, commercial and industrial solar electric applications. By implementing IFS Applications, Prism Solar Technologies will be able to react more quickly to changing market demands and implement process controls to accommodate its expanding business.

"Flexibility, scalability and control are critical issues for us as we project future business growth," Prism Solar President Rick Lewandowski said. "This is what we demand of our production facilities and of our business applications."

Corning Data Services, of Corning, N.Y. helped Prism Solar with their application selection process, and will further assist them in the implementation of IFS Applications. Prism Solar will implement the IFS Applications product suite of mixed-mode manufacturing, which will also be integrated with existing PLC devices and RF devices to automate its data collection processes.

"We are familiar with the business challenges facing companies in the high-tech industry," Corning Data Services, Inc. General Manager Michael Pauley said. "IFS has the best solution for helping Prism Solar Technologies achieve their current and growth business targets."

"IFS Applications gives complex companies, like Prism Solar Technologies, the agility they need to meet the rapidly changing demands of their customers and the solar energy marketplace," IFS North America President and CEO Cindy Jaudon said. "And it is a pleasure to see our applications implemented by a company whose products provide a promising alternative energy source."

The high-tech industry is one of IFS' targeted vertical markets. IFS offers industry-specific solutions for companies in the electronic equipment, electronic component, and semiconductor industries. These solutions support all business processes, from design and mixed-mode manufacturing to after-sales support and warranty management. IFS' high-tech customers include Arrhythmia Research Technologies, Inc., Rockwell Automation, NEC Philips Unified Solutions, REC, SiRF, Maxon Motor, Kontron, and Olympus Optical.

About Prism Solar Technologies, Inc.

Prism Solar Technologies, Inc. manufactures a new type of photovoltaic module that uses transparent holographic optical elements. This patented holographic technology, collects and spectrally selects useful wavelengths from the sun and focuses them onto the solar cell to create electricity. For more information, visit www.prismsolar.com.

About Corning Data Services, Inc.

"Experience Matters"(R). Since 1980, Corning Data Services, Inc. has delivered complete solutions to meet our customers' needs. Experience does matter. Our seasoned professionals are equipped with the talent and expertise to deliver complete ERP and e-business solutions. By partnering with world-class software and hardware manufacturers, we EMPOWER businesses with the tools to succeed today ... and the skills to succeed tomorrow. For more information, visit www.corningdata.com.

About IFS

IFS (OMXS: IFS), the global enterprise applications company, provides ERP solutions that enable organizations to respond quickly to market changes. The solutions allow resources to be used in a more agile way to achieve better business performance and competitive advantage.

Founded in 1983, IFS has 2,600 employees worldwide. With IFS Applications(TM), now in its seventh generation, IFS has pioneered component-based ERP software. The component architecture provides solutions that are easier to implement, run, and upgrade. IFS Applications is available in 54 countries in 22 languages.

IFS has more than 600,000 users across seven key vertical sectors: aerospace & defense; automotive; high-tech; industrial manufacturing; process industries; construction, contracting, service & facilities management; and utilities & telecom. IFS Applications provides extended ERP functionality, including CRM, SCM, PLM, CPM, enterprise asset management, and MRO capabilities. For more information, visit www.IFSWORLD.com.

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

Contact:

IFS North America
Kristy Mills
262-317-7476
Email Contact
or
Corning Data Services
Michael Pauley
336-510-8764
Email Contact




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