Expanding further in Europe:Ibas establishes a subsidiary in France

Adstore, which is based in Paris and Cholet, is a distributor of data storage products in France, and has many years' experience selling data recovery services. Former employees at the Paris branch of Adstore will continue in the newly established subsidiary of Ibas. In addition, using Ibas' core competence and tools, a new technical laboratory for carrying out data recovery operations in France will be built up.

Ibas has a strong market position in Europe and the establishment of a new company in France is part of the company's strategy for further growth. Reduced time and cost in connection with the shipment of storage media where data needs to be recovered are important competitive advantages, and Ibas will then be able to carry out recovery services for one of the biggest markets in Europe. Corresponding local services are already offered in the German market.

The goal of Ibas France SAS is to become a significant player in the field of data recovery, data erasure and computer forensics in the course of a few years. In the past ten years, Ibas has continually expanded its sales activities in Europe, and the establishment of the new subsidiary in Paris means that Ibas is now represented in the entire western part of Europe.

An exciting market with tremendous potential
"France is a very special market with a tight-knit local business culture. Ibas has for some time now considered opening offices in the country, and in Adstore we found the expertise we needed for a local subsidiary. France is Europe's third biggest IT-market with tremendous potential, and we expect to be a significant player already in just a few years time," says President & CEO Arve Saghaug in Ibas AS.

For more details, please contact:
Arve Saghaug, President & CEO Ibas AS, Tel: +47 62 81 01 00,
Mobile: +47 92 88 27 44, e-mail: arve.saghaug@ibas.no

Facts about Ibas AS
The data security company Ibas, established in 1978, is one of the world's leading companies in Data Recovery and Data Erasure with Computer Forensics as an emerging business area. The Company Head Office is located in Kongsvinger, Norway, with subsidiaries, distributors and partners worldwide. For more information please visit www.ibas.com