U.S. Caterpillar Equipment Dealer Selects Lawson Software to Help Improve Business Operations
ST. PAUL, Minn.--(BUSINESS WIRE)--Apr. 28, 2009-- Lawson Software (Nasdaq: LWSN) today announced that Wheeler Machinery Co. (Wheeler), a U.S.-based Caterpillar equipment dealer, licensed the Lawson for Equipment Service Management and Rental Suite to help support the company’s long-term growth plans. The equipment distributor will use the Lawson solution, designed for equipment dealers and the service management & rental industries, to help support integration with Caterpillar, enhance customer service, gain organization-wide visibility into business processes and create a reliable, consolidated source of information. Wheeler will also use the Lawson Human Resource Management Suite to help optimize its workforce. The contract was signed during Lawson’s fourth quarter of fiscal 2009, which ends May 31, 2009.
Wheeler Machinery Co. is headquartered in Salt Lake City, Utah, and offers products and services to support industries including construction, agriculture, government, demolition & scrap handling, mining, landscaping, power generation, and over-the-road trucking.
The implementation of the single, integrated Lawson system will replace Wheeler’s current reliance on several different software systems. “Wheeler has aggressive market share and growth goals,” said Rob Campbell, president of Wheeler. “To help us achieve these goals, we need one, reliable IT solution that is easy to use, tightly connected with Caterpillar, and meets our business requirements and customer needs.”
Wheeler evaluated other competitive software solutions before selecting Lawson for Equipment Service Management and Rental. “The Lawson functionality will help improve visibility of our equipment lifecycle management processes,” added Campbell. As part of the evaluation process, Wheeler and Lawson conducted a six-week Lawson Value Assessment that delivered an in-depth understanding of the potential financial benefits to be gained by the investment. Lawson provided a detailed review and analysis of the specific key performance indicators, business processes and best practices that can help drive improvements at Wheeler. “The Value Assessment forecasted a strong ROI, which gives us the confidence to move forward with such a significant project during these challenging economic times,” said Jeff Ipsen CFO of Wheeler.
The Lawson system will help support Wheeler’s branch and field service network, sales and rental activities, and parts operations, including back office support for financial and supply chain management.
“Lawson is establishing a solid reputation as a provider of business software for equipment dealerships around the globe,” said Ron Kubera, general manager, Equipment Service Management and Rental for Lawson. “We can support Wheeler’s business operations simply because our solutions and services are geared to meet the specific needs of equipment dealers. We are proud that we are able to serve leading equipment dealers like Wheeler in the United States with solutions that help our customers be more successful and support their growth plans.”
About Lawson
Lawson Software provides software and service solutions to 4,500 customers in healthcare, manufacturing, distribution, maintenance, public sector and service sector industries 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.
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 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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