News | January 31, 2003

Monolithic Power Systems Chooses IFS Applications(TM) To Support Fabless Semiconductor Production

IFS continues its momentum in the semiconductor industry with the announcement today that Monolithic Power Systems (MPS), a leading supplier of power-management integrated-circuit solutions, has signed a contract for IFS business software and services.

The Los Gatos, Calif.-based company will deploy IFS manufacturing, distribution, financials, sales and support, product data management, quality management, and supply chain management applications. It will also implement IFS web portals to enable sharing of real-time information throughout the enterprise.

"We selected IFS as part of an effort to bring our infrastructure in line with anticipated production and growth," said MPS chief financial officer Brian McDonald. "IFS offers tight integration, scalability, and a rapid return on investment-exactly the business software package we need to prepare ourselves for the future."

"IFS Applications enables semiconductor companies such as MPS to streamline operations and obtain a faster payback by minimizing lead times, reducing administration, and cutting inventory costs," said Terje Vangbo, IFS North America president. "Our integrated solution supports the entire product lifecycle-from product development through manufacturing and distribution to after-sales services."

About Monolithic Power Systems

Monolithic Power Systems (MPS) is a fabless semiconductor manufacturer that designs, develops, manufactures, sells, and markets analog power integrated-circuit (IC) products. Its products can be found inside the notebooks, video cameras, PDAs, and other applications of many Fortune 500 companies. In 1999, MPS introduced the first integrated full bridge power IC solution for the cold-cathode fluorescent lamp (CCFL) backlight inverter marketplace. Recently, the company introduced power audio, white LED, and DC-to-DC converter product lines. MPS is headquartered in Los Gatos, Calif., with a branch in Taipei, Taiwan. More information is available at www.monolithicpower.com.

About IFS and IFS Applications(TM)

IFS develops and supplies component-based business applications for medium and large enterprises. IFS Applications, which is based on web and portal technology, offers more than 60 enterprise application components used in manufacturing, supply chain management, customer relationship management, financials, engineering, maintenance, and human resource administration. IFS provides customers step-by-step evolution to the extended enterprise with e-business solutions that offer partner, customer, and supplier collaboration.

A leading global business applications supplier, IFS has more than 3,150 employees, with sales in 47 countries. The company is listed on the Stockholm Stock Exchange (XSSE:IFS). More information is available at http://www.ifsna.com.