October 15, 2008

IBM Named “Most Admired Global Company” in Contract Management

IBM (NYSE: IBM) has been named the most admired company in contract management in a survey conducted by the International Association for Contract & Commercial Management (IACCM), a non-profit foundation recognized as the international authority on the role of contracting management in the global networked economy.

The first-of-a-kind IACCM study asked nearly 10,000 contracts, procurement and legal professionals worldwide to nominate the companies they most admire for the quality of their contract management performance. The surveyed group identified more than 400 organizations, and IBM was named the most admired contract management performer in the world ahead of companies like Accenture and Hewlett Packard.

"As the largest provider of IT services in the world, IBM manages thousands of client and partner relationships in some 170 countries. Effectively managing contracts of all durations across complex jurisdictional, regulatory, corporate governance and risk management requirements is fundamental to the value we bring to our clients, partners and investors," said Rick Kaplan, vice president and assistant general counsel, IBM Global Business Services.

For more information about the IACCM study visit http://www.iaccm.com/newsitem.php?id=927&PHPSESSID=cc675d4899e6059629333e67394c6424

About IBM

For more information visit www.ibm.com.

 Media Contact: Timothy Blair IBM Media Relations 914-766-2607 [email protected]