LWSN Lawson Software, Inc. (MM)

Lawson Software (Nasdaq:LWSN) signed a multi-suite contract with Presbyterian Healthcare Services in Lawson's second quarter, which ended Nov. 30, 2005. The New Mexico healthcare provider licensed Lawson's Financials, Human Resources, Supply Chain Management for Healthcare and Business Intelligence suites to reduce costs and equip decision makers with timely, actionable information. Presbyterian is New Mexico's only private, not-for-profit health system and has more than 8,000 employees. As the state's largest healthcare provider, Presbyterian operates seven hospitals, the state's largest health plan, a growing medical group, as well as home healthcare, outpatient centers and ground ambulance services. Presbyterian will replace its legacy business applications with the Lawson products to create a unified ERP system. The transition to Lawson is part of a larger organization-wide effort to redesign core business support processes. The consolidated Lawson system will help Presbyterian improve business processes by automating administrative tasks and giving staff the information they need to make strategic business decisions. For example, the new system's single data repository will help ensure managers receive accurate information on a timely basis. "We chose Lawson based on the ease-of-use of its products as well as the company's familiarity and experience serving similar healthcare provider organizations and integrated delivery systems," said Paul Briggs, senior vice president and chief financial officer, Presbyterian. "With enhanced information-sharing capabilities, we will have the ability to increase the focus on strategic analysis instead of data collection." Specifically, the Lawson products will enable Presbyterian to focus on financial strategy and analysis, expedite its hiring processes and increase the percentage of supply chain purchases made on contract. Using Lawson's Accounts Payable application, for example, Presbyterian can enter invoices, create and store vendor records, manage cash flow and generate payments with greater speed and accuracy. Moreover, Lawson Business Intelligence suite will help streamline the organization's information gathering, analysis and data sharing - thereby driving more timely and more effective business decisions. "Lawson is the market leader in delivering products that help healthcare providers optimize core business processes and improve margins," said Steffan Haithcox, industry marketing director - Healthcare, Lawson Software. "We offer unparalleled healthcare expertise and low total cost of ownership, which are critical to supporting our clients' business goals and overall mission." Lawson serves more than 500 healthcare industry clients representing more than 4,500 facilities, including eight of the top 10 integrated delivery networks. The company also serves managed care systems, academic medical centers, hospitals, clinics, physician group practices, home healthcare, long-term care and other health services enterprises. Lawson solutions help healthcare organizations manage their business so they can focus on their patients, automate and streamline materials management for a better bottom line, and overcome the challenges of the labor shortage. About Lawson Software Lawson Software provides business application software and consulting services to 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 capital management, procurement, retail operations and service process optimization. With headquarters 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 Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission and as included in other documents the company files from time to time with the Commission.