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ShipConstructor and IFS North America Enhance Integration

News Release ShipConstructor Software Inc. April 8, 2011
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<P>ShipConstructor Software Ltd. and IFS North America are partnering to enhance
the integration between their respective applications.</P>
<P>ShipConstructor provides shipbuilding CAD/CAM software based on the familiar
AutoCAD program and IFS offers a project-based ERP system designed to support
the asset lifecycle including design, fabrication, construction, procurement,
aftermarket support, and financials, all of which are typical in ship building.
The majority of the US Navy&#8217;s future fleet is being modeled with ShipConstructor
software, while renowned shipbuilders such as Damen Shipyards and Babcock
utilize IFS Applications, an Enterprise Resource Planning (ERP) solution.</P>
<P>Both companies support interoperability with multiple vendors and this
agreement between the two companies is seen as an addition to the work the
companies have already done to integrate with other competing applications.</P>
<P>This relationship is a natural evolution for both organizations.
ShipConstructor and IFS have a long history of collaboration in the United
States National Shipbuilding Research Program (NSRP) and both companies have
several common clients such as Austal and Todd Pacific Shipyards.</P>
<P>&#8220;Both of our organizations are committed to providing solutions that best
meet client needs,&#8221; said Darren Larkins, CEO of ShipConstructor Software Inc.
&#8220;We want to enhance interoperability and integration to provide greater benefit
to shipbuilders.&#8221;</P></DIV></BODY></HTML>