LWSN Lawson Software, Inc. (MM)

Central Washington Hospital recently completed its deployment of Lawson Software (Nasdaq: LWSN) applications, including the Lawson S3 Enterprise Financial Management and Supply Chain Management suites, to help better track supplies and inventory, improve vendor management and reduce payment errors stemming from paper-based processes. Central Washington Hospital completed the deployment on time and within its initial project budget. Central Washington Hospital has 1,400 employees and operates a licensed, 206-bed acute care hospital delivering a full range of healthcare services in Wenatchee, Wash. and the north-central Washington region. Services include inpatient and outpatient surgery; a cardiac surgery program; coronary and intensive care; respiratory care; oncology; dialysis; a neonatal nursery; home health and hospice; a regional trauma emergency department; and skilled nursing and rehabilitative services such as cardio-pulmonary, physical, speech, and occupational therapies. The hospital also operates four physician clinics, including a family medicine group, an internal medicine group, a women�s health practice and an orthopedic surgery group. �For many healthcare organizations, installing new business software on time and within budget is the exception, not the rule,� said Steve Jacobs, chief financial officer, Central Washington Hospital. �We were able to accomplish this with the joint efforts of Lawson and Central Washington Hospital staff and resources using the community hospital implementation model. It was a real team effort that led to this success.� Central Washington Hospital�s previous financial management system relied heavily on paper-based processes, sometimes resulting in duplicate payments or overpayments. The hospital now uses the Lawson system to build customized reports to help hospital directors better manage vendors and order supplies. Reports provided by the hospital�s legacy system were difficult to understand and often included information that managers and directors didn�t need. Central Washington Hospital also lacked the ability to monitor and enforce its negotiated contract pricing. With Lawson, the hospital has tools to help it confirm whether supply prices match its contract agreements, improve decision-making on supply replenishment, and help ensure accurate, timely vendor payment. �Like their larger peers, community hospitals need software that will help them run the business of healthcare efficiently,� said Stacey Hicks, healthcare marketing director, Lawson Software. �Our industry-leading software and proven healthcare expertise help customers like Central Washington Hospital reduce operational costs so they can focus on enhancing the quality of patient care.� Lawson serves more than 500 healthcare industry customers 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 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.