ST. PAUL, Minn., May 20, 2010 –Lawson Software (Nasdaq: LWSN) today announced that Life-Science Innovations (LSI) has selected Lawson for a multi-application deployment of Lawson Human Capital Management solutions. The implementation will occur in two phases, with the first comprising Lawson Global Human Resources, and Human Resource Management, including core payroll functionality, and the second including Lawson Talent Management. The contract was signed during Lawson’s third quarter of fiscal year 2010, which ended Feb. 28, 2010.
LSI provides guidance, support and funding to support the growth and development of its affiliate companies, which are in the bio-technology, engineering, genetics, and agricultural industries. LSI has more than 1,500 employees, primarily in the Midwest. The company selected Lawson to help integrate its human resource functions, including replacing its legacy in-house payroll system with one that helps streamline reporting processes and helps enable access to critical workforce information by employees and managers across the organization.
“We believe one of the best ways to create value for our customers is to thoroughly understand our workforce’s core strengths, skills and capabilities, and to help our people reach their potential,” said Jonathan Huisinga, director of Human Resources at LSI. “The Lawson offerings will help us align our HR activities with our business objectives and improve our recruiting and retention capabilities.”
Specifically, the planned Lawson deployment brings together core applications, including:
- Lawson Global Human Resources, which will help define organizational and supervisory infrastructure to help streamline management processes.
- Human Resource Management, which will help reduce time spent planning, reporting, managing and maintaining core human resource processes, helping to free time to focus on core organizational initiatives.
- Lawson Payroll, which will help provide a smoother, more comprehensive payroll process, complete with the capabilities to address complex regulatory and reporting tasks.
“LSI’s selection demonstrates how Lawson Human Capital Management solutions can help an organization meet its business objectives by focusing more strategically on organizational and management infrastructure,” said Larry Dunivan, senior vice president of Human Capital Management Products for Lawson. “LSI wants to build out its human resource functionalities to support a stronger workforce, while reducing costs and creating more opportunities for the future. We are pleased to be delivering solutions that can help provide essential information about employees and roles within an organization to help achieve these initiatives.”
About Lawson Software
Lawson Software provides software and service solutions to 4,500 customers in equipment service management and rental, fashion, food & beverage, healthcare, manufacturing & distribution, public sector (United States), service industries, and strategic human capital management across 40 countries. Lawson Software is a global provider of enterprise software, services and support to customers primarily in three sectors: services, trade and manufacturing/distribution. Lawson’s solutions include Enterprise Performance Management, Human Capital 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. 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 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 credit crisis; 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.