Lawson Enhancing Merchandising Software
ST. PAUL, Minn.--Jan. 30, 2006--Lawson Software (Nasdaq:LWSN) announced today that it is working with a consortium of leading grocery customers to develop Lawson`s next-generation Merchandising software suite.
"Our ongoing investment in Merchandising reflects our continued commitment to this industry," said Dale Christopherson, director, Retail Product Development, Lawson Software. "Based on the feedback provided by our retail customers, we`re focusing our product development resources on Merchandising enhancements that will help save our customers time and help deliver a significantly lower total cost of ownership."
Lawson is updating seven applications within its Merchandising suite, including Category Review, Distribution, Retail Channel Order Management, Costs and Deals, Replenishment, Business Organizer and Reference Maintainer.
Lawson`s industry-focused software solutions help retailers integrate the systems they use to run and grow their businesses. Lawson customers include five of the top 10 U.S.-based retailers, eight of the top 20 apparel retailers, seven of the top 25 grocery chains, 23 of the top 100 restaurant chains and 20 of the top 100 specialty chains.
About Lawson Software
Lawson Software provides business application software and consulting services to services organizations in the healthcare, retail, government and education, banking and insurance and other markets. Lawson`s software suites include enterprise performance management, distribution, financials, human capital management, procurement, retail operations and service process optimization. With headquarters in St. Paul, Minn., Lawson has offices and affiliates serving North and South America, Europe, and Africa. Lawson Software and Lawson are registered trademarks of Lawson Software, Inc. All rights reserved.
Forward-Looking Statements
This press release contains forward-looking statements that contain risks and uncertainties. These forward-looking statements contain statements of intent, belief or current expectations of Lawson Software, Inc., and its management. Such forward-looking statements are not guarantees of future results and involve risks and uncertainties that may cause actual results to differ materially from the potential results discussed in the forward-looking statements. The company is not obligated to update forward-looking statements based on circumstances or events that occur in the future. Risks and uncertainties that may cause such differences include but are not limited to: uncertainties in the company`s ability to realize synergies and revenue opportunities anticipated from the Intentia International acquisition; uncertainties in the software industry; global military conflicts; terrorist attacks in the United States, and any future events in response to these developments; changes in conditions in the company`s targeted service industries; increased competition and other risk factors listed in the company`s most recent Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission and as included in other documents the company files from time to time with the Commission.
CONTACT:
Lawson Software, St. Paul
Terry Blake, 651-767-4766
terry.blake@lawson.com
or
Weber Shandwick
Jenny Myers, 217-649-2965
jmyers@webershandwick.com
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Lawson Software, Inc.`s business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company`s Annual Report or Form 10-K for the most recently ended fiscal year.
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