Press Release, March 28,2008

Mads Fischer Rasmussen new Country Manager in
IBX Denmark

On 15. April, Mads Fischer Rasmussen will take up his duties as the new Country Manager at IBX Denmark. Mads comes from a position as sales manager at IBX Denmark where he has been employed for 4 years. Mads takes over the management of IBX' Danish office from Søren Ohm, who has chosen to seek new challenges after 7 years at IBX.

Since the start on the Danish market 7 years ago, IBX has established itself as the leading supplier of efficient purchasing services and solutions. IBX Denmark has seen growth of more than 30% per year since the start in 2001. In 2007, IBX Denmark once again achieved a strong result with an increase of 25% compared to 2006. So Mads Fischer Rasmussen takes over the management of a company which experiences significant growth and is expected to develop even more positively in the coming years.

"From my experience as a sales manager at IBX I have a good feel for what the market wants and needs when it comes to efficient purchasing solutions. In recent years, Danish companies have become increasingly focused on and conscious of the value-adding effects of streamlining their purchasing processes. It is therefore with great expectations that I take on the management of IBX' Danish office", says Mads Fischer Rasmussen, newly-appointed Country Manager, IBX Denmark.

Søren Ohm shares the great expectations of a positive development in IBX Denmark with Mads Fischer Rasmussen in charge.

"As sales manager, Mads has been tremendously competent and one of the driving forces behind IBX' success on the Danish market. He is extremely energetic and constantly challenges himself and the organization in order to achieve better results and better solutions for our clients. I am confident that IBX Denmark with Mads at the wheel will be strengthening its position as the preferred supplier of efficient purchasing solutions among the large Danish companies", says Søren Ohm, Senior Vice President, IBX Market Unit Nordic.

Through all the years, Søren Ohm has been in charge of the Danish IBX office where several of the largest Danish companies are on the list of clients. For the past 4 years, Søren Ohm has also been responsible for the development in Finland and Norway.

"After 7 years at IBX, I feel it's time for me to seek new challenges. Working with IBX has given me valuable experience in managing a fast growing company. I am now ready to use this valuable experience in the next step in my career", says Søren Ohm, Senior Vice President, IBX Market Unit Nordic.

Facts about Mads Fischer Rasmussen

Name: Mads Fischer Rasmussen
Age: 35
Nationality: Danish
Family: Married, two children.
Education: Master of Business Economics (Financial marketing)
Career: Employed at IBX since 2003, until 15 April as sales manager at IBX Denmark. Earlier employments as Business Relation Manager at Novo Nordisk Servicepartner and as sales director at Converto.
Hobbies: Long-distance running and football
How would you describe yourself: As reliable, receptive, committed and competent
Ambition for IBX: To be world-leading in purchasing solutions

For more information, please contact:
Mads Fischer Rasmussen, Country Manager, IBX Denmark, Mobile phone +45 29 99 68 52, e-mail mads.fischer@ibx.dk
Søren Ohm, Senior Vice President IBX Market Unit Nordic, Mobile phone +45 29 99 68 60, e-mail soren.ohm@ibx.dk

About IBX 
IBX is Europe’s leading provider of services and solutions for efficient purchasing. IBX supports large and medium sized organizations in transforming their sourcing, procurement and payment functions, enabling them to quickly capture spend and deliver measurable savings. IBX provides purchasing expertise, scalable on-demand software and managed services for sourcing and procurement that increase spend under management and improve compliance to generate bottom line results. IBX has offices in Stockholm (headquarters), Copenhagen, Frankfurt, Helsinki, Paris, Oslo and Oxford. www.ibxeurope.com