Lawson Software Closes Acquisition of Healthvision Solutions, Inc.


Lawson Software Closes Acquisition of Healthvision Solutions, Inc.

Leader in healthcare enterprise resource planning adds leader in healthcare data
integration

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

Lawson Software (Nasdaq: LWSN) today announced that it has completed its
acquisition of Healthvision Solutions, Inc. (“Healthvision”), through the
acquisition of privately held Quovadx Holdings, Inc. (“Quovadx”), Healthvision's
parent holding company. Healthvision is a Dallas-based company providing
integration and application technology and related services to hospitals and
large healthcare organizations and was a portfolio company of Battery Ventures.
The all-cash transaction of $160 million closed on January 11, 2010. 

Headquartered in Dallas, Healthvision began in 1989 and today has nearly 300
employees located in the United States, Canada, the United Kingdom and China.
Its Cloverleaf product is a recognized leader and used by 33 percent of North
American hospitals and 40 percent of large integrated delivery networks.
Healthvision has 800 customers, including 200 joint customers with Lawson, and
its products are used in more than 3,000 healthcare facilities around the world.


Conference Call and Webcast 

Dean Hager, executive vice president of S3 industries for Lawson will host a
conference call and webcast to discuss the strategic rationale of the
Healthvision acquisition at 11 a.m. EST (10 a.m. CST) Jan. 13, 2010. Interested
parties may listen to the call by dialing 1-800-857-9682 (or 1-312-470-7066) and
using the passcode "Healthvision." Interested parties should access the webcast
at www.lawson.com/investor or dial into the conference call approximately 10-15
minutes before the scheduled start time. 

A replay of the webcast will be available approximately one hour after the
webcast concludes and will remain available for two weeks. Access the replay at
www.lawson.com/investor. 

More information is available at www.lawson.com/acquisition. 

About Lawson Software 

Lawson Software provides software and service solutions to 4,500 customers in
equipment service management & rental, fashion, food, general manufacturing &
distribution, healthcare, public sector (United States), general service
industries, and strategic human capital management across 40 countries. Lawson's
solutions include Enterprise Performance Management, Human Capital 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. For Lawson's listing on the First North exchange in Sweden,
Remium AB is acting as the Certified Adviser. 

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 uncertainties in
the software industry; uncertainties as to when and whether the conditions for
the recognition of deferred revenue will be satisfied; increased competition;
general economic conditions; the impact of foreign currency exchange rate
fluctuations; continuation of the global recession and credit crisis; 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 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.

Lawson Software
Joe Thornton, +1-651-767-6154
Media
joe.thornton@us.lawson.com
or
Barbara Doyle, +1-651-767-4385
Investors
barbara.doyle@us.lawson.com
or
Heather Pribyl, +1-651-767-6459
Investors
heather.pribyl@us.lawson.com 

Attachments

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