Lawson Software Acquires Freeborders(R) Product Lifecycle Management Software Division


Lawson Software Acquires Freeborders(R) Product Lifecycle Management Software
Division

PLM capabilities deepen Lawson's enterprise software offerings for the fashion
industry

 ST. PAUL, Minn.--(BUSINESS WIRE)--March 17, 2008--Regulatory News:

    Lawson Software (Nasdaq: LWSN) today announced it has acquired the
Product Lifecycle Management (PLM) software division of San
Francisco-based Freeborders(R). With this acquisition, Lawson will
deepen its enterprise software offerings for companies in the fashion
industry. Freeborders will retain its existing technology outsourcing
services, which are not included in Lawson's acquisition.

    PLM helps fashion manufacturing companies more quickly source the
materials they need to move a product from design to production. By
adding PLM capabilities to its portfolio of enterprise software
offerings, Lawson can now help companies establish processes that will
enable them to cut the lead time from product concept to production to
actual delivery to the retail store shelf.

    The best-of-breed PLM solution developed by Freeborders is
well-tested and proven in the fashion industry. The company serves 79
PLM customers in the U.S., Europe and Asia.

    Lawson Fashion PLM will initially be available as a standalone
product and Lawson will determine how the product fits with its core
Lawson M3 Enterprise Management System for the fashion industry. "The
Freeborders solution fills a gap we had in meeting our fashion
customers' overall supply chain needs," said Bob McKee, industry
strategy director, Fashion, for Lawson. "We now have a proven PLM
solution that our customers can add easily and can work alongside our
global fashion solutions."

    Lawson and Freeborders currently serve several joint customers
around the globe, including Hong Kong-based TAL Group. TAL is the
leading manufacturer of men's and women's garments for the world's
leading brands. "This is good news for customers of Freeborders and
Lawson," noted Dr. Harry Lee, CEO of TAL Group. "It means companies
like ours can look to one vendor for our enterprise software and
product lifecycle management needs. It also means we will have the
power of Lawson focused on the PLM product, given the strategic
importance of the fashion industry to Lawson.""Leading solution providers who are focused upon the fashion
industry continue to extend their solution footprints to deliver
complete end-to-end business processes," said Peter Bambridge,
research director, Gartner, Inc. "For example, combining Product
Lifecycle Management capabilities with backbone ERP systems can
improve agility and speed of response by enabling tight integration
between planning and execution, improving visibility across the entire
collaborative supply chain and enabling the smooth flow of information
from design through to delivery."

    Terms of the deal were not disclosed and the transaction is not
anticipated to have a material impact on the company's fiscal 2008
fourth quarter or fiscal 2009 results. Lawson's fiscal year ends May
31, 2008.

    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.


CONTACT: Lawson Software
             Joe Thornton, +1-651-767-6154
             joe.thornton@us.lawson.com
             or
             Weber Shandwick
             Jenny Myers, +1-217-649-2965  jmyers@webershandwick.com

Attachments

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