IBS` SmartCargo Wins two Cargo Airlines in North America

Released on = March 15, 2006, 3:37 am

Press Release Author = IBS Software Services

Industry = Software

Press Release Summary = IBS Software Services has secured two launch customers for
its air cargo inventory management product, SmartCargo. CargoJet and Northern Air
Cargo, both based out of North America, have chosen IBS' offering over other
products from International competitors.

Press Release Body = Trivandrum, India; 07 March 2006: IBS Software Services has
secured two launch customers for its air cargo inventory management product,
SmartCargo. CargoJet and Northern Air Cargo, both based out of North America, have
chosen IBS' offering over other products from International competitors.

CargoJet, headquartered in Toronto, Canada, selected SmartCargo for its combination
of optimised inventory control, Internet booking capability and on-line track &
trace services. Anju Virmani, CIO of CargoJet said, "We were attracted to SmartCargo
because it gives us big cargo system management capabilities at a very
cost-effective price. Our business strategy is to expand into international cargo
services and this system with its Internet capabilities will support our new global
reach." CargoJet operates a fleet of B727-200 freighters on cargo routes across
Canada.

According to Stephanie Holthaus, Vice President of Cargo - Northern Air Cargo: "We
have been looking for a new IT system for some time as part of our ongoing
investments in automation, but only SmartCargo has the business functionality we
needed in a fully integrated solution. We intend to offer e-tracking services to our
regular customers and to use the inventory control and revenue management features
of the system to improve on our freight yields." Northern Air Cargo is a
supplemental air carrier across the state of Alaska. It has a mixed fleet of DC6,
B727-100 and ATR 72 freighter aircraft and hauls all types of air cargo.

Mr. V K Mathews, Chairman and Managing Director, IBS, said, "SmartCargo was
envisioned as an efficient and cost-effective Cargo handling system and developed
with our considerable domain experience and hardcore technical expertise. The fact
that CargoJet and Northern Air Cargo have chosen SmartCargo over other products,
takes IBS one step further towards our vision of becoming the global leader in the
Travel Logistics domain.\"

SmartCargo is a futuristic solution that supports the integrated management of cargo
reservations and ground operations. An effective tool for cargo capacity management,
tracking, pricing and revenue optimisation, it enables accurate estimation of
available cargo capacities using historical information, increases revenue through
better management of available capacities. In addition it maintains integrated cargo
tariffs, thus enabling airlines to provide the best possible prices and to assess
the effectiveness of cargo operations in terms of revenue and provides to-the-point
information on shipment status. It also facilitates communication of shipment status
to the supplier/customer, giving airline customers direct access to airline services
via the internet and supporting barcode scanning enabled operations for ease of data
capture and reduced errors.

About CargoJet
CargoJet is Canada's leading provider of time sensitive overnight air cargo
services. CargoJet operates its network from coast to coast to thirteen major
Canadian cities each business night, on behalf of major couriers, freight forwarders
and manufacturers. Visit www.cargojet.com for more information.

About Northern Air Cargo
Northern Air Cargo is Alaska's largest all cargo airline. Currently in their 50th
year, NAC serves 15 scheduled locations and over 40 charter and flagstop
destinations throughout rural Alaska. A subsidiary company of Saltchuk Resources,
Northern Air Cargo also encompasses Naclink, a freight forwarding company, Northern
Air Aviation Services, and Northern Air Maintenance Services. With an operating
fleet of four jet and turbine aircraft and five Douglas DC-6 workhorse aircraft, the
company employs 280 people and has annual revenue in excess of $50 million dollars.
Focused primarily in rural Alaska, Northern Air Cargo also provides charter service
throughout the United States and internationally. NAC performs logistics, air,
ground and maintenance support for large and small industries including oil and gas,
mining and wild Alaska seafood. Visit www.nac.aero for more information.

About IBS Software Services
The IBS Group (IBS) is a leading IT solutions provider to the global Travel,
Transportation and Logistics industry. A specialist in the domain, IBS offers a
range of software solutions that manage mission-critical operations of major
airlines, airports, oil and gas companies and seaports world-wide. In addition, IBS
offers services that include software development, business and technology
consulting, turnkey solutions, customer support services, application maintenance,
and business process outsourcing. IBS is SEI CMM Level-5 assessed, ISO 9001:2000 and
TickIT certified, and operates two software production and competence development
centres in India. With some of the world's leading corporations as clients, IBS has
business operations in the Americas, Europe, Asia-Pacific as well as the Middle East
and Africa regions. More information about IBS and SmartCargo can be found on the
web at www.ibsplc.com. For media enquiries, please contact Pradeep P. Suthan at
+91-471-2700080 or at pradeeps@ibsplc.com.


Web Site = http://www.ibsplc.com

Contact Details = IBS Software Services (P) Ltd.
5th Floor, NILA, Technopark Campus,
Trivandrum 695 581, INDIA.
Tel: +91 471 2700080
Fax: +91 471 2700078

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