IBS Software enters Rotterdam, Netherlands

Trivandrum, May 06, 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. With vast experience in the marine transportation and logistics domain and having worked with numerous customers across these fields, Martin brings an in-depth understanding of the ocean transportation business and over 27 years of experience in the domain. Under his leadership, IBS is confident of achieving its business goals for the new 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 & container operations, yard operations, cargo delivery to billing of all services rendered by a seaport.