Lawson Software CEO Adopts Rule 10b5-1 Stock Trading Plan for 80,000 Shares ST. PAUL, Minn.--(BUSINESS WIRE)--Nov. 15, 2007--Regulatory News: Lawson Software (Nasdaq:LWSN) today announced that Harry Debes, president and chief executive officer and a director of Lawson, has entered into a Rule 10b5-1 plan to sell up to 80,000 shares of his Lawson stock. Sales under the plan may occur from January 2008 through November 2008. The 80,000 shares represent approximately three percent of his total shares and stock options. The written plan is adopted in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934. Sales under the plan are subject to certain price restrictions and other parameters in the plan. Mr. Debes may elect to make other stock sales outside of this plan. Executive officer stock transactions will be disclosed publicly through Form 144 and Form 4 filings with the U.S. Securities and Exchange Commission and will be posted on Lawson's website at www.lawson.com. Rule 10b5-1 of the Securities Exchange Act of 1934 allows insiders and their affiliates to adopt written plans for trading securities in a non-discretionary, pre-scheduled manner in order to avoid concerns about initiating stock transactions when the insider or affiliate may be aware of material non-public information. 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; 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 Quarterly Report 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. CONTACT: Lawson Software Media: Joe Thornton, 651-767-6154 joe.thornton@us.lawson.com or Investors and Analysts: Heather Pribyl, 651-767-6459 heather.pribyl@us.lawson.com
Lawson Software CEO Adopts Rule 10b5-1 Stock Trading Plan for 80,000 Shares
| Quelle: Lawson Software, Inc.