Lawson Signs Contract with Snack Manufacturer Estrella Maarud
Lawson QuickStep Food and Beverage to bring industry focus and faster implementation
ST. PAUL, Minn.--(BUSINESS WIRE)--Nov. 12, 2008--Lawson Software (Nasdaq: LWSN) today announced that Estrella Maarud in Norway has selected Lawson QuickStep Food and Beverage following a short sales cycle. The solution will help streamline the company's business processes and simplify the daily activities of approximately 160 users. The contract was signed during Lawson's first quarter of fiscal 2009, which ended Aug. 31, 2008.
The Nordic and Baltic salted snack business under the brand names Estrella and Maarud had been part of U.S.-based Kraft Foods, Inc. Those brands were recently acquired by a leading Norwegian private equity firm, Herkules. The company has production facilities in Norway, Sweden and Lithuania and employs 350 people. Following the acquisition, Estrella Maarud no longer had access to the IT solution used at Kraft. In search of an industry-specific solution that could be implemented quickly and easily, the company promptly sought a new business solution. After an evaluation process, Estrella Maarud opted for Lawson QuickStep Food and Beverage.
"With a short nine-month timeframe, we were in need of a flexible solution to get the business up and running," said Anders Ivarsson, CIO at Estrella Maarud. "What differentiated Lawson was its industry focus and expertise. And with Lawson QuickStep Food and Beverage, we have a solution that meets our industry requirements and is easier and faster to implement. It is most suitable for the immediate need and support of our new business."
"We look forward to working with Estrella Maarud to help address the company's business challenges in a highly competitive marketplace," said Einar Broch, vice president of sales for Lawson in Norway. "QuickStep Food and Beverage is designed around the specific business needs of companies in the food and beverage industry. And, because the QuickStep solution can help companies get up-and-running quickly on their enterprise software, we can deliver faster business benefits for our customers' technology investments."
Lawson QuickStep Food and Beverage will run on IBM System I platform.
About Lawson Software
Lawson Software provides software and service solutions to 4,500 customers in manufacturing, distribution, maintenance, healthcare 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, Human Resource 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 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; 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 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.
CONTACT:
Lawson Software
Joe Thornton, 651-767-6154
joe.thornton@us.lawson.com
or
Lut Verschueren, + 32 (0)9 236 16 36
Europe Media
lut.verschueren@be.lawson.com
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