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From the Wires
Wagner Equipment Co. Selects Lawson Software to Help Improve Equipment Sales, Service and Rental Operations
By: Business Wire
Jul. 9, 2009 04:16 PM
Lawson Software (Nasdaq: LWSN) today announced that Wagner Equipment Co., a U.S.-based Caterpillar equipment dealer, licensed the Lawson for Equipment Service Management and Rental Suite. Wagner will deploy the Lawson system to help bring new capabilities, functionality and improved efficiencies into its business. This industry-specific solution from Lawson helps heavy equipment dealers better manage sales, service, maintenance and equipment rental operations within their business. The contract was signed during Lawson’s first quarter of fiscal 2010, which ends Aug. 31, 2009. Wagner Equipment Co., a privately held Caterpillar dealer since 1976, sells and rents quality Caterpillar machines and engines. These machines and engines are used in heavy construction, building construction, mining, waste handling, paving, municipal and governmental applications, forestry, power generation and more. The company’s dealership network covers Colorado, New Mexico and far west Texas. Wagner Equipment Co. sought a new integrated enterprise solution to replace its current disparate business software systems. The goal with the new Lawson system is to help bring greater efficiency, improve employee productivity and enhance the reporting process by delivering a single source of the data and information. Wagner selected the industry-specific Lawson solution over competing offerings from other leading enterprise and business software providers. Lawson provided a Value Assessment using Lawson Opportunity Analyzer to help Wagner develop a business case for the software selection. Opportunity Analyzer is a decision support tool that can show an organization, in advance, quantified potential financial and non-financial gains of making an investment in an enterprise software system. “We felt that Lawson offered the best solution available on the market today because it is geared specifically around the needs of our industry,” said Bruce Wagner, COO for Wagner Equipment Co. “We chose Lawson for multiple reasons, including the quality of its product, the ability to help us implement the software, and Lawson’s commitment to the Caterpillar dealer community. In addition, Lawson Opportunity Analyzer gave us a clearer view of the potential benefits of implementing the Lawson system before we committed to the project.” Lawson for Equipment Service Management & Rental helps equipment dealers manage equipment from initial sale through its useful life until disposal. It supports integration across a dealer’s global supply chains and links back to the equipment manufacturers. It also helps improve integration across the dealer’s internal sales, finance, service, warranty and rental departments. This integration helps dealers more quickly process customer orders and warranty claims. The software also helps dealers plan and schedule future service requirements based on the maintenance programs of their customers’ equipment currently in the field. This helps dealers better predict future parts and labor demands. “Today’s equipment dealer needs a dedicated business application system that is built around the specific demands related to heavy equipment dealership operations,” said Ron Kubera, general manager, Equipment Service Management and Rental for Lawson. “Particularly in this challenging economy, equipment dealers need tools to help maximize the entire lifecycle of each piece of equipment that they sell, service or rent. Lawson can make that happen through our industry-specific focus.” 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. 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 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.
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