ST. PAUL, Minn., Aug 23, 2010 — Lawson Software (Nasdaq: LWSN) today announced that Bexar County in Texas has selected Lawson for the multi-application deployment of the Lawson Enterprise Financial Management and Supply Chain Management suites. The Lawson applications will help the county automate financial reporting, streamline procurement and improve operational efficiency. The contract was signed during Lawson’s fourth quarter of fiscal year 2010, which ended May 31, 2010. Lawson Professional Services will provide implementation services for the project.
Bexar County, located in south-central Texas, has a population of more than 1,600,000 residents, making it the nineteenth most populous county in the nation. The county is also home to the city of San Antonio, one of the fastest-growing big cities in the United States. The engagement with Bexar County is the third deployment of Lawson products for public sector organizations in Texas in the last year.
“Our current IT system, which has been in place for more than 14 years, could no longer support the complex infrastructure and business operations of a county our size,” said Susan Yeatts, Bexar County auditor. “We chose Lawson because of its in-depth product functionality, robust technological infrastructure and understanding of our needs and challenges. The Lawson system will help us reach a new level of efficiency in evaluating financial decisions and improving procurement processes,” she added.
Specifically, the upgrade to Lawson will bring together core finance, procurement and business applications, including:
- Enterprise Financial Management, which will help the county manage finance and budgeting processes with greater visibility, automate accounting systems and better forecast revenue and expenditures.
- Supply Chain Management, which will help improve supply chain visibility and operational cost control for procurement, resource allocation and capacity planning. In particular, this suite includes specific functionalities for:
- Strategic Sourcing, which will help the county better manage procurement processes.
- Contract Management, which will help the county streamline contract creation, monitoring and maintenance processes while providing secure and auditable access to contract related documents from a centralized location.
- Lawson Business Intelligence, which will help improve operational effectiveness and accountability by helping to simplify access to timely, accurate information.
“Moving to a modern, more functional IT system will help Bexar County better serve its growing constituency,” said Brian Murphy, general manager, Public Sector for Lawson. “This significant IT upgrade will help support the county’s strategic business initiatives by helping it better manage business operations and realize cost savings that can be reinvested back into the community.”
Lawson Software provides software and service solutions to customers in healthcare, public sector (United States), service industries, human capital management, equipment service management & rental, fashion, food & beverage, and manufacturing & distribution across 40 countries. Lawson is a global provider of enterprise software, services and support to customers primarily in three sectors: services, trade and manufacturing/distribution. Lawson solutions include Enterprise Performance Management, Human Capital Management, Enterprise Financial Management, Supply Chain Management, Enterprise Resource Planning, 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. For Lawson’s listing on the First North exchange in Sweden, Remium AB is acting as the Certified Adviser.
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 the software industry; uncertainties as to when and whether the conditions for the recognition of deferred revenue will be satisfied; increased competition; general economic conditions; the impact of foreign currency exchange rate fluctuations; continuation of the global recession and credit crisis; Lawson’s ability to integrate the Healthvision acquisition successfully; 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 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.