Lawson Software Announces Effectiveness of Resale Shelf Registration Statement ST. PAUL, Minn.--(BUSINESS WIRE)--Aug. 7, 2007--Regulatory News: Lawson Software (Nasdaq:LWSN) today announced that it has filed an automatic shelf registration statement on Form S-3 with the Securities and Exchange Commission (the "SEC"). The registration statement registers the resale of Lawson's 2.50 percent Senior Convertible Notes due 2012 (the "Notes") and shares of Lawson's common stock issuable upon conversion of the Notes. The automatic shelf registration statement on Form S-3 became effective upon filing with the SEC. Lawson's initial issuance of the Notes, in aggregate principal amount of $240,000,000, was completed in April 2007 in a private placement pursuant to Rule 144A of the Securities Act of 1933, as amended. A copy of the prospectus, when available, may be obtained from Lawson at 380 St. Peter Street, St. Paul, Minnesota, 55102; Attention: Investor Relations. The registration statement was filed on behalf of the selling security holders, and Lawson will not receive any proceeds from the resale of the Notes or underlying shares of common stock. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of securities, nor shall it constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful. The shelf registration statement was filed in satisfaction of Lawson's obligations under a registration rights agreement entered into in connection with the private placement. The prospectus included in the shelf registration statement will be used by those selling security holders named therein to resell their Notes and the shares of common stock issuable upon conversion of the Notes. About Lawson Software Lawson Software provides software and service solutions to approximately 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; global military conflicts; terrorist attacks; pandemics, and any future events in response to these developments; changes in conditions in the company's targeted industries; increased competition and other risk factors listed in the company's 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. CONTACT: Lawson Software Media: Terry Blake, +1-651-253-0096 terry.blake@lawson.com or Investors and Analysts: Barbara Doyle, +1-651-767-4385 barbara.doyle@us.lawson.com
Lawson Software Announces Effectiveness of Resale Shelf Registration Statement
| Quelle: Lawson Software, Inc.