Lawson Software (Nasdaq: LWSN)
today announced that Lawson partner Accentia Middle East has signed a
contract to implement the latest version of Lawson
for Equipment Service Management & Rental with ALSALAM Aircraft
Co. in Saudi Arabia. ALSALAM will replace its legacy software with the
industry-specific enterprise software suite from Lawson to help support
key business areas, including finance, procurement, business
intelligence, and MRO (maintenance, repair and overhaul). The Lawson
system will also help the company with supply chain management, project
order management, customer relationship management, and product costing.
The contract with ALSALAM was signed during Lawson’s third quarter of
fiscal 2011, which ended Feb. 28, 2011.
The Lawson solution will help ALSALAM streamline complex business
processes and achieve better visibility over customer requirements,
supply chain, engineering, cost components, planning, and scheduling. By
helping to address these core business processes, Lawson can help
support ALSALAM’s market leading position.
Established in 1988 under the auspices of Saudi Arabia's Ministry of
Defense and Aviation, ALSALAM has established a reputation for quality
service in the aviation industry. At the same time, the organization has
significantly expanded its operations at the International Airport in
Riyadh. Throughout its history, the company has extended its
capabilities in civil and military aircraft maintenance and developed
its lines of business to include interior design, modifications and
refurbishment, in addition to aircraft assembly and manufacturing.
ALSALAM has approximately 3,700 employees and is certified by major
aviation authorities, including the General Authority of Civil Aviation
(GACA) of Saudi Arabia, the U.S. Federal Aviation Administration (FAA)
and the European Aviation Safety Agency (EASA).
Lawson for Equipment Service Management & Rental is designed
specifically to support companies that deal in heavy equipment and
maintenance. It helps companies gain greater control over the entire
equipment lifecycle. In addition to repair and overhaul services, the
solution provides a wide range of support, including engineering
management, equipment exchange programs, and warranty follow up as well
as many other industry-specific business processes.
The software evaluation project was led by Lawson partner Accentia
Middle East. Accentia has been Lawson’s exclusive partner for the Lawson
M3 products in the Middle East and North Africa since 2005. The company
delivers in-depth expertise in project management, customization,
training and industry-specific skills to help ensure successful
implementation and deployment of Lawson solutions. An initial Lawson
implementation at ALSALAM was completed on time and within budget in
November 2010. Now Accentia and Lawson are working on a second phase to
deliver Lawson for Equipment Service Management & Rental to more users
across the ALSALAM organization.
"During the evaluation project we were impressed by the deep
functionality of the Lawson solution and its focus on maintenance,
repair and overhaul. In addition, the know-how, industry experience and
commitment of Lawson and Accentia combined with the proven customer
references Accentia presented to us were main drivers for our final
decision,” said Mohammed Bakhashwain, CIO at ALSALAM. "It’s vital for a
leading service provider like ALSALAM to have the right solution in
place to help achieve operational excellence.”
"Service within the aviation industry is a complex and challenging
business. In cooperation with Lawson, we can deliver products and
expertise that will support our customers by helping to optimize the
utilization of materials, tools, assets and personnel and deliver
enterprise-caliber customer service,” said Samir Alwani, president & CEO
at Accentia Middle East. "We are proud to have ALSALAM as an important
new customer for Lawson for Equipment Service Management & Rental in the
Middle East.”
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.
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 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. Risks and uncertainties that may cause such
differences include but are not limited to: the risk that the pending
merger with GGC Software Holdings, Inc., an affiliate of Golden Gate
Capital and Infor, may not be completed on a timely basis, if at all;
the risk that the conditions to the consummation of the merger may not
be satisfied; the risk that the merger may involve unexpected costs,
liabilities or delays; the risk that expected benefits of the merger may
not materialize as expected; the risk that, prior to the completion of
the merger, Lawson's business may experience significant disruptions,
including loss of customers or employees, due to transaction-related
uncertainty or other factors; the fact that legal proceedings that have
been instituted and the possibility that additional legal proceedings
may be instituted against Lawson, its directors and/or others relating
to the merger and the outcome of such proceedings; the possible
occurrence of an event, change or other circumstance that could result
in termination of the merger agreement; 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;
changes in conditions in Lawson's targeted industries; the outcome of
pending litigation; and other risk factors listed in Lawson's most
recent Annual Report on Form 10-K and subsequent Quarterly Reports on
Form 10-Q filed with the Securities and Exchange Commission. Lawson
assumes no obligation to update any forward-looking information
contained in this press release.
