| Spanish Manufacturer Grifone® Goes Live with Lawson for Fashion |
| LAWSON SOFTWARE 25 May 2011 |
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Industry-specific Lawson solution helps manufacturer of hard venture equipment to improve delivery times and speed up time-to-market London, UK, May 25, 2011 – Lawson Software today announced that Grifone®, full line supplier of technical and functional inner/mid/outerwear designed for active outdoor use and for the public sector like forest guards and police, has gone live with the Lawson for Fashion solution. Lawson for Fashion, an enterprise software system for fashion companies, including brand owners and manufacturers of apparel and accessories as well as private brand retailers, helps fashion companies become more demand-driven and agile, increase efficiency, reduce costs, improve customer service, reduce time-to-market and shorten supply lead times. Like most international companies Grifone® has various manufacturing sites worldwide and is currently expanding into the Asian and the North American markets. With a growing business and increasing competition, Grifone® felt the need to streamline its business processes, provide transparency over the whole supply chain and integrate supply chain partners. Grifone® is managing two business lines: one for active outdoor use and the other one for the public sector. The first one is distributed through specialized stores and operates two annual seasons. The second line requires a ‘third dimension’ in coding (besides colour and size), in order to differentiate the customizations that are made for each model depending on local community. The company manages the stock of materials and finished goods through a logistics operator. The implementation project was led by Lawson partner Softlab and included several small go live projects following the industry-specific requirements of Grifone® like new season cycles. In a first step the company went live with product structures, order entries and release of production orders, the final go live was focused on finance and logistics. "One of our major business goals is to achieve operational business performance and to deliver best service to our customers. With Lawson for Fashion, we have better tools at our fingertips to manage our supply chain partners in a more comprehensive way and to meet our customer service requirements. Using the warehouse integration module we benefit already from current data for our warehousing and logistics. In addition the visibility of key information at model level with size and colors has simplified for Grifone® the processes of creating new models," said Pere Agell, General Manager for Grifone®. "The success of this project shows the high level of competency and solid implementation experience of our partner Softlab. The ultimate beneficiaries of our partnership are customers like Grifone® who can rely on solutions that will help make them stronger and more competitive. With Lawson for Fashion we are redefining enterprise applications for the fashion industry, giving companies tools they need to help improve key business processes by converting data into actionable information – based on our deep knowledge of the fashion industry and its challenges from serving more than 350 fashion customers globally,” said Josep Pou, country manager for Lawson in Spain.
Lawson Software is a global provider of enterprise software. We provide business application software, maintenance and consulting to customers primarily in specific services, trade and manufacturing/distribution industries. We specialize in and target specific industries including healthcare, services, public sector, equipment service management & rental, manufacturing & distribution and consumer products industries. Our software solutions include Enterprise Financial Management, Human Capital Management, Business Intelligence, Asset Management, Enterprise Performance Management, Supply Chain Management, Service Management, Manufacturing Operations, Business Project Management and industry-tailored applications. Our applications help automate and integrate critical business processes, which enable our customers to collaborate with their partners, suppliers and employees, 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 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. Risks and uncertainties that may cause such differences include but are not limited to: the risk that the pending merger with GGC Software Holdings, Inc., an affiliate of Golden Gate Capital and Infor, may not be completed on a timely basis, if at all; the risk that the conditions to the consummation of the merger may not be satisfied; the risk that the merger may involve unexpected costs, liabilities or delays; the risk that expected benefits of the merger may not materialize as expected; the risk that, prior to the completion of the merger, Lawson's business may experience significant disruptions, including loss of customers or employees, due to transaction-related uncertainty or other factors; the fact that legal proceedings that have been instituted and the possibility that additional legal proceedings may be instituted against Lawson, its directors and/or others relating to the merger and the outcome of such proceedings; the possible occurrence of an event, change or other circumstance that could result in termination of the merger agreement; uncertainties in the software industry; uncertainties as to when and whether the conditions for the recognition of deferred revenue will be satisfied; increased competition; the impact of foreign currency exchange rate fluctuations; changes in conditions in Lawson's targeted industries; the outcome of pending litigation; and other risk factors listed in Lawson's most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission. Lawson assumes no obligation to update any forward-looking information contained in this press release.
Eva Richter Clea Herrmann |