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May 8, 2009

Cramo, IBS sign agreement for third stage development of ERP system

The agreement covers expanded functionality specifically for the rental industry

By CBR Staff Writer

Cramo, a provider of construction equipment rental services, and IBS, a supplier of supply chain management systems, have signed a new agreement for the third development stage to implement an industry specific ERP system for Cramo.

In 2005, Cramo and IBS had signed an agreement that called for IBS to deliver a new ERP system for Cramo’s rental business during a period of several years. The first two stages of the project are complete.

According to IBS, the agreement covers expanded functionality specifically for the rental industry and will result in an advanced business system for this industry vertical. The project will start immediately and run through 2011.

Mike Shinya, president and CEO of IBS, said: When we first signed an agreement to develop an industry specific system for the rental business, it was a major commitment for IBS, but also an important commitment to an exciting vertical. Cramo is a fantastic company and we are proud to have been an important supplier for so long. Even more so as we are firm believers in the rental industry, especially today when all companies are looking for ways of conserving capital.

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