Lawson Signs New Contract with Poltarex
Polish wood manufacturer to implement the Lawson M3 Enterprise Management System
WARSAW, Poland, February 19, 2008 – Lawson Software (Nasdaq: LWSN) today announced it has signed a contract with Poltarex Sp. z o.o., a timber processing company based in Lebork, Poland. Polartex, which owns a chain of sawmills, will implement the Lawson M3 Enterprise Management System in its headquarters and six plants. The implementation will include Lawson Business Intelligence and Lawson M3 Yield Optimizer. The unified Lawson solution will support 100 users and will run on an IBM i5 platform. In addition Poltarex has signed up for the Lawson Total Care Bronze program, which provides software support and maintenance services. The contract was signed during Lawson’s second quarter of fiscal year 2008, which ended Nov. 30 2007¬.
The Lawson M3 solution will help Poltarex manage key business processes more effectively and allocate resources more efficiently. “The Lawson solution is tailored to manufacturing companies and supports specific needs of our industry,” said Marek Kubiak, CEO for Poltarex. “We anticipate the Lawson M3 solution will support our business and help us remain competitive in this fast evolving market, and help us deliver more timely and accurately to our clients.”
“Our choice to invest in the Lawson enterprise solution is based on the industry expertise demonstrated by Lawson’s consultants, the system’s low total cost of ownership and the perspective of easier operations and upgrades,” added Anna Skalska-Klaman, CFO and Board Member of Poltarex.
“Lawson Business Intelligence will support the reporting needs of Poltarex and help monitor its operations more closely and accurately while providing tools for interactive analyses, better control, and overall efficiency of Poltarex’s business,” said Piotr Michalak, country manager for Lawson in Poland. “With the Lawson Yield Optimizer, companies have a tool to help them optimally balance what they have with what their customers want – while better managing their supply chains. As it optimizes the utilization of existing and incoming stock, it can ultimately help improve customer service, generate greater profitability and reduce waste.”
About Poltarex
Poltarex started its operations in 1994. The company owns sawmills in six different places in the region, as well as a trading depot in Slupsk. Their core business mainly includes coniferous wood processing (in the Godetowo sawmill) as well as sawn timber production, timber panels, garden architecture, floors, garage doors, housing components, stairs, fences, stands and other wooden products. The company’s products are sold in Poland and exported to Germany, France, Denmark, Holland, UK, Sweden, Belgium, Austria, Spain, Italy and Japan.
About Lawson Software
Lawson Software provides software and service solutions to 4,000 customers in manufacturing, distribution, maintenance and service sector industries across 40 countries. Lawson’s solutions include Enterprise Performance Management, Supply Chain Management, Enterprise Resource Planning, Customer Relationship Management, Manufacturing Resource Planning, Enterprise Asset Management and industry-tailored applications. Lawson solutions assist customers in simplifying their businesses or organizations by helping them streamline processes, reduce costs and enhance business or operational performance. Lawson is headquartered in St. Paul, Minn., and has offices around the world. Visit Lawson online at www.lawson.com.
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 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 Lawson's ability to realize synergies and revenue opportunities anticipated from the Intentia International acquisition; uncertainties in the software industry; uncertainties as to when and whether the conditions for the recognition of deferred revenue will be satisfied; increased competition; uncertainty regarding potential future deterioration in the market for auction rate securities which could result in additional permanent impairment charges, global military conflicts; terrorist attacks; pandemics, and any future events in response to these developments; changes in conditions in the company's targeted industries and other risk factors listed in the company's most recent Quarterly Report on Form 10-Q and the most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission. Lawson assumes no obligation to update any forward-looking information contained in this press release.
Lawson Software
Dagmara Kotlarska
Marketing Director Lawson Poland
+48 22 559 38 00, +48 502 436 716
dagmara.kotlarska@pl.lawson.com
Krzysztof Pilaszek
Propressive Public Relations
+48 22 213 95 29, +48 504 232 931
krzysztof.pilaszek@propressive.pl
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