11.02.2008 14:00:00

Canterbury of New Zealand Signs Contract with Lawson Software

Lawson Software (Nasdaq: LWSN) today announced that Canterbury of New Zealand, a leading provider of athletic apparel, has signed a contract to implement Lawson QuickStep Fashion, a pre-configured enterprise software application created specifically for the needs of companies in the fashion industry. The Lawson solution will help support the company’s ambitious growth plans by aiding forecasting and planning, which can ultimately help improve overall performance and customer satisfaction. The application will run on an IBM System i platform. The contract was signed during Lawson’s second quarter of fiscal 2008, which ended Nov. 30, 2007. Canterbury of New Zealand built its foundations serving participants in club rugby. Its clothing lines are now sold globally. As a global sportswear brand owner with a design, source and distribute business model, Canterbury experienced substantial expansion in 2007 and its legacy systems could no longer support the company’s ambitious growth plans. These legacy systems were replaced by Lawson QuickStep Fashion, which will initially support more than 50 users and help increase productivity by helping to optimize supply chain management. Canterbury of New Zealand began the project by using Lawson’s Opportunity Analyzer tool. This evaluation service helped the management at Canterbury identify key business processes tied to profit improvement both for revenue attainment (improved sales) and cost containment (improved sales efficiency). These processes are among those that will be addressed through the Lawson QuickStep Fashion solution. "Our industry faces unique challenges and operational complexities, and the depth and breadth of Lawson’s expertise, proven track record in the fashion industry and its industry-specific software functionality were crucial deciding factors in our vendor choice,” said Gordon Cameron, CFO for Canterbury of New Zealand. "We recommend other companies considering a new IT solution to utilize Lawson Opportunity Analyzer. It was a valuable exercise for us and helped us see how we could meet our aggressive corporate goals and targets over the next few years.” Canterbury will implement Lawson QuickStep Fashion in support of its business processes, including forecasting, planning, procurement, warehousing and finance. The company will also take advantage of the intuitive Lawson Smart Client user interface as well as training and learning support through Lawson Learning Accelerator. "With high order volumes, wide product variety, short lead-times and increasingly demanding consumers, it is crucial for fashion companies to look at ways to improve their business processes,” said Andrew Dalziel, marketing director for Fashion, Lawson. "We are delighted to be working with Canterbury and feel the Lawson solutions will help the company achieve its business growth plans by helping to streamline and control its supply chain activities.” 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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