Lawson Software Closes Acquisition of Enwisen

Lawson Software Closes Acquisition of Enwisen

 

Lawson, a leading provider of human capital management software, now
adds HR service delivery to its product set

ST. PAUL, Minn.--(BUSINESS WIRE (http://www.businesswire.com/))--
Regulatory News:

Lawson Software (Nasdaq: LWSN) today announced that it has completed its
acquisition of privately held Enwisen. Based in Novato, Calif., Enwisen
served approximately 260 customers, including many in the Fortune 1000.
The all-cash transaction of $70 million closed on Dec. 31, 2010. The
agreement includes a contingent earnout payment of $5 million if certain
conditions are satisfied as of June 30, 2012.

The Enwisen AnswerSource HR Service Delivery suite has helped companies
transform and improve their delivery of HR services using fewer
resources and lowering costs. It will now become part of the Lawson
Human Capital Management System, a leading human resources software
system. The Lawson Human Capital Management System includes Lawson Human
Resource
Management (http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2
F%2Fwww.lawson.com%2Fwcw.nsf%2Fpub%2Fshcm_hr&esheet=6559238&lan=en-US&an
chor=Lawson+Human+Resource+Management&index=1&md5=6cbdd0c1e03e5f83307447
2475beb482), Talent
Management (http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2
F%2Fwww.lawson.com%2Fwcw.nsf%2Fpub%2Fshcm_tm&esheet=6559238&lan=en-US&an
chor=Talent+Management&index=2&md5=611d36454547443de0b1fdf80b856ea6),
and Workforce
Management (http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2
F%2Fwww.lawson.com%2Fwcw.nsf%2Fpub%2Fshcm_wm&esheet=6559238&lan=en-US&an
chor=Workforce+Management&index=3&md5=3669751ee00a422f818d8f5427782677)
as well as the new Human Resource Service Delivery component. Complete
details about the acquisition are available at
www.lawson.com/enwisen (http://cts.businesswire.com/ct/CT?id=smartlink&u
rl=http%3A%2F%2Fwww.lawson.com%2Fenwisen&esheet=6559238&lan=en-US&anchor
=www.lawson.com%2Fenwisen&index=4&md5=1aeaa94639cd5e803430557c7db5c91c).

About Lawson Software

Lawson Software is a global provider of enterprise software. We provide
business application software, maintenance and consulting to customers
primarily in specific services, trade and manufacturing/distribution
industries. We specialize in and target specific industries including
healthcare, services, public sector, equipment service management &
rental, manufacturing & distribution and consumer products industries.
Our software solutions include Enterprise Financial Management, Human
Capital Management, Business Intelligence, Asset Management, Enterprise
Performance Management, Supply Chain Management, Service Management,
Manufacturing Operations, Business Project Management and
industry-tailored applications. Our applications help automate and
integrate critical business processes, which enable our customers to
collaborate with their partners, suppliers and employees, 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 (http://cts.businesswire.com/ct/CT?id=smartlink&url=http%
3A%2F%2Fwww.lawson.com&esheet=6559238&lan=en-US&anchor=www.lawson.com&in
dex=5&md5=b0b8294bc88c8abd110b772222340f74). 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 the
software industry; uncertainties as to when and whether the conditions
for the recognition of deferred revenue will be satisfied; increased
competition; the impact of foreign currency exchange rate fluctuations;
continuation of the global recession and credit crisis; Lawson's ability
to integrate acquisitions successfully; changes in conditions in the
company's targeted industries; the outcome of pending litigation 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.

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