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|Lawson Software Launches Newest M3 Enterprise Management System, Lawson M3 10.1|
Lawson's most comprehensive M3 product launch extends Lawson's industry-specific enterprise software offerings
ST. PAUL, Minn., Feb 18, 2010 (BUSINESS WIRE) -- Lawson Software (Nasdaq: LWSN) today introduced its newest release of the Lawson M3 Enterprise Management System, Lawson M3 10.1. With this launch, Lawson is bringing its most significant launch for the Lawson M3 Enterprise Management System to date, with more than 100 overall enhancements, including more than 600 detailed functional changes. The M3 10.1 version also includes new industry-specific features and enhancements focusing on specific business processes for companies served by the Lawson Food & Beverage, Manufacturing & Distribution, and Equipment Service Management & Rental business units.
In conjunction with the Lawson M3 10.1 launch, Lawson also introduced Lawson for Fashion, a comprehensive, industry-specific enterprise software solution for fashion companies, connecting business processes from product concept to customer. Lawson M3 10.1 and Lawson for Fashion are generally available as of today. Lawson is introducing the latest M3 solution in 39 countries globally, including five new countries now supported by the M3 solution; Chile, Uruguay, Bolivia, Argentina and South Africa.
The latest version of the Lawson M3 Enterprise Management System includes numerous enhancements across Lawson's targeted industries to help make users of the Lawson M3 system even more productive and satisfied. Enhancements include new Lawson Smart Office functionality, designed to help users create a more effective and efficient user environment on their desktop. The new release also includes Lawson Enterprise Search, which brings Internet-like search functions to a user's Lawson and non-Lawson data, helping to simplify searches for structured and unstructured data across multiple systems.
Lawson M3 10.1 also includes enhanced package management functionality as well as a strengthened Lawson M3 Demand Planner, which helps companies avoid excess production or stock-outs. It also includes new bulk order management to help companies efficiently plan their supply chain resources, which ultimately helps support lean supply chain concepts. Comprehensive catch weight handling functionality will also help improve supply chain efficiency specifically for food and beverage companies.
More details on the latest version of the Lawson M3 system and its other industry-specific enhancements are available at www.lawson.com/101foryou.
"Lawson M3 10.1 really establishes the idea of 'Lawson for you.' It's built around the specific industry business challenges that our customers face every day," said Henrik Billgren, vice president of M3 Industries and Application Product Management for Lawson. "Talking to our customers 'Lawson for YOU' is about YOUR industry, YOUR company, YOUR users - it really focuses on the very specific needs of our customers' industries. We're focused on further simplifying the Lawson M3 system to help drive down the total cost of ownership for our customers by bringing new technology, simpler operation and user interaction - and an easier path for upgrades. By doing this, we help our customers realize benefits of their software investments faster, while helping them become stronger organizations."
Lawson M3 10.1 is designed to help reduce the total cost of ownership for Lawson customers. It helps improve scalability, while offering high availability and improved system management on Windows with support for the Windows 2008 64 Bit/SQL 2008 platform. In addition, the new Lawson Customer Correction Self Service (CCSS) is a fix correction service that helps reduce the complexity, time and skills required to manage the M3 solution over time.
"By focusing on the needs of our customers in the specific industries we serve, we're able to deliver products that help address business efficiency, user experience and total cost of ownership, specifically focused on our customers' business needs," said Billgren. "And by moving our customers to the latest Lawson technology, we're offering a simpler path to upgrades and future product enhancements - helping to make the ownership experience simpler in the long-term."
About Lawson Software
Lawson Software provides software and service solutions to 4,500 customers in equipment service management and rental, fashion, food & beverage, healthcare, manufacturing & distribution, public sector (United States), service industries, and strategic human capital management across 40 countries. Lawson Software is a global provider of enterprise software, services and support to customers primarily in three sectors: services, trade and manufacturing/distribution. 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.
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 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.
SOURCE: Lawson Software