Lawson Software (Nasdaq: LWSN) today announced that Kelowna Flightcraft Ltd. licensed the Lawson M3 Finance Management, Enterprise Asset Management and Supply Chain Management Suites along with Lawson Business Intelligence. The company selected the Lawson enterprise software solutions to help improve profitability, increase operational efficiencies and support its growth plans. The contract was signed during Lawson�s third quarter of fiscal 2008, which ended Feb. 29, 2008. Lawson Professional Services will provide implementation services for the project. Kelowna Flightcraft includes Kelowna Flightcraft Ltd., Kelowna Flightcraft Air Charter Ltd. and Allied Wings. Kelowna Flightcraft Ltd. is a maintenance organization that operates 10 line maintenance facilities across Canada and two full-service maintenance, repair and overhaul facilities in Kelowna, British Columbia, and Hamilton, Ontario. Kelowna Flightcraft Air Charter Ltd. is the air cargo carrier for Purolator Courier Ltd., shipping up to 600,000 pounds of freight nightly. Allied Wings operates the Canadian Forces Contracted Flying Training and Support Program near Winnipeg, Manitoba. Together, these three businesses employ 1,000 employees who fly, maintain, modify, engineer and paint aircraft. �We needed an integrated, yet flexible business system to support our growing aircraft maintenance business,� said Mike Udala, director of maintenance, Kelowna Flightcraft Ltd. �Lawson will help simplify and expedite the way our employees order parts, manage inventory, track key financial information, and manage maintenance projects and processes.� Kelowna Flightcraft Ltd. will use the Lawson M3 Enterprise Management System to help increase profitability by standardizing and automating core business processes company-wide. In addition to helping staff more efficiently manage aircraft maintenance and repair, the Lawson applications will help Kelowna Flightcraft Ltd. optimize its financial and materials management processes. This will help the company serve a growing number of customers with an expanding range of services. �Companies that use and maintain significant physical assets, such as aircraft, need technology solutions that will help them run their businesses more efficiently and protect their long-term investments in equipment,� said Robert Peterson, marketing director, Industry Markets, Lawson Software. �Complex assets like aircraft are the life-blood for these companies, so a smarter approach to equipment service and business operations can help them achieve their growth plans and stand out from their competitors by providing more predictable, reliable service to their customers.� 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.
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