Lawson Software Announces First Quarter Fiscal 2009 Results Date and Conference Call

Lawson Software Announces First Quarter Fiscal 2009 Results Date and Conference
Call

Company provides preliminary estimates for quarterly revenue and EPS

    ST. PAUL, Minn.--(BUSINESS WIRE)--Sept. 15, 2008--Regulatory News:

    Lawson Software (Nasdaq: LWSN) today announced it will report its
fiscal first quarter financial results Thursday, Oct. 2, 2008, after
the market closes. The company will host a webcast and conference call
to discuss its first quarter results and future outlook at 4:30 p.m.
Eastern Time (3:30 p.m. Central Time) Oct. 2, 2008.

    Based on preliminary results, Lawson also reported that revenues
for the first quarter ended Aug. 31, 2008, are estimated to be in the
range of $190 million to $192 million. The company also estimated a
first quarter GAAP net loss of $0.01 to $0.02 per share. Non-GAAP
earnings are expected to be $0.04 to $0.05 per share, excluding
approximately $6 million of pre-tax expenses related to the
amortization of acquisition-related intangibles, amortization of
purchased maintenance contracts, stock-based compensation charges and
purchase accounting adjustments for acquired deferred revenue
balances. These estimates of preliminary Q1 results are subject to
change as the company finalizes the financial results for release on
Oct. 2, 2008."Despite growing weakness in the economy over the past several
quarters, our software contracting, revenues and earnings remained
strong throughout fiscal 2008 which ended May 31, 2008. However, we
have begun to see some impact from the economy with sales in our
August quarter slower than expected," said Harry Debes, Lawson
president and chief executive officer. "We had strength in our
healthcare and public sector verticals where we exceeded our
forecasts. But sales of our M3 solutions in manufacturing-related
verticals in the U.S. and Europe were lower than we forecasted. Our
consulting services revenues in the U.S. and Europe were also lower
than expected consistent with the license sales in those areas. While
I remain confident about our business over the longer-term, we are
evaluating the near-term outlook based on the softening economy and
related factors. We will provide additional business and forecast
updates that may be appropriate on our October 2 conference call."

    A live webcast will be available at www.lawson.com at 4:30 p.m.
Eastern Time (3:30 p.m. Central Time) Oct. 2, 2008. Interested parties
may also listen to the call by dialing 888-677-5721 (passcode: LWSN)
and international callers should dial + 1-210-234-0000. Interested
parties should access the webcast or dial into the conference call
approximately 10-15 minutes before the scheduled start time.

    A replay will be available approximately one hour after the
webcast and conference call concludes and will remain available for
one week. To access the replay, dial 866-513-9969 or +1-203-369-1996
for international callers. The webcast will also remain on
www.lawson.com for approximately one week.

    About Lawson Software

    Lawson Software provides software and service solutions to 4,500
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; 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 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, +1-651-767-4766
             terry.blake@us.lawson.com
             or
             Investors and Analysts:
             Barbara Doyle, +1-651-767-4385
             barbara.doyle@lawson.com