Lawson Signs Multi-Suite Contract with Mervyns
Retailer Will Use Lawson Applications to Replace Business System On An Accelerated Implementation Timeframe
ST. PAUL, Minn.--Oct. 10, 2005--Lawson Software (Nasdaq:LWSN) signed a multi-suite contract with Mervyns LLC in Lawson`s first quarter of fiscal 2006, which ended Aug. 31, 2005. The company licensed the Lawson Financials, Procurement, Budgeting and Planning, and Reporting suites to replace business applications it currently uses under former company ownership.
Headquartered in Hayward, Calif., Mervyns is a promotional neighborhood department store offering apparel and home decor. With more than 250 locations in 13 states, the company carries an extensive selection of national and private-label fashions and housewares.
"After Mervyns became an independent company in September of 2004, we needed to develop our own set of core business and retail systems. We looked for a vendor that could provide a comprehensive set of applications and implement them in less than a year," said Kurt Streitz, Mervyns` senior vice president and chief information officer. "We chose Lawson`s Financials Suite because of its proven reputation for on-time, on budget implementations, rich functionality and low total cost of ownership."
Mervyns plans to complete its implementation of the new Lawson applications by August 2006. Specifically, Mervyns will use the comprehensive system to provide executives with greater visibility into organization-wide data to support more timely decision-making. The new system also will enable Mervyns to enhance its reporting capabilities and boost operational efficiency across its core administrative functions.
"In general, Lawson applications take less time to implement than those of other ERP vendors, which helps clients reduce implementation costs and accelerate their time-to-benefit," said Michelle Schooff, industry marketing director - Retail, Lawson Software. "This is especially critical for retailers who face intense pressure to sustain net profitability in a market crowded with big-box and discount competitors."
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 that put time on the side of 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 resources, procurement, retail operations and service process optimization. Headquartered 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 Annual Report on Form 10-K and 10-K/A 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
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