Infor and Golden Gate Capital Complete Acquisition of Lawson Software

Infor and Golden Gate Capital Complete Acquisition of Lawson Software

First Integrated Products to Provide Immediate Value to Customers

ATLANTA--(BUSINESS WIRE (http://www.businesswire.com/))-- Regulatory
News:

GGC Software Holdings, Inc., an affiliate of Golden Gate Capital, and
Infor, a leading provider of business software serving more than 70,000
customers, today announced the completion of its acquisition of Lawson
Software, Inc., under the terms of the merger agreement disclosed on
April 26, 2011, effective as of July 5, 2011. Pursuant to the terms of
such merger agreement, Lawson’s stockholders (other than stockholders
who have perfected their statutory rights of appraisal under Delaware
law) will receive $11.25 per share in cash, without interest and less
any applicable withholding taxes, for each share of common stock they
owned immediately prior to the effective time of the merger.

Lawson is a global provider of business application software,
maintenance and consulting to customers primarily in specific services,
trade and manufacturing/distribution industries. Lawson has been
combined with SoftBrands, Inc., an affiliate of Golden Gate Capital and
Infor, with the new affiliation enabling Lawson/SoftBrands and Infor to
share and integrate technology and partner on product offerings through
cross-selling, marketing and distribution arrangements.

Pledging to deliver incremental value quickly to customers, the Infor
and Lawson product development teams have begun integrating applications
using Infor ION, an innovative interoperability architecture.

Under this development effort, first products targeted for release later
this year are Lawson S3 and Infor FMS SunSystems Enterprise; Lawson S3
and Infor EAM; and Lawson Human Capital Management and Infor Workforce
Management.

“These first product examples reflect the potential of this
partnership and the fast pace of our development efforts,” said
Charles Phillips, CEO of Infor. “We will continue our work to deliver
deeper functionality and industry-specific applications, particularly in
key industries such as manufacturing, healthcare, distribution, public
sector and hospitality.”

In addition to Infor and Lawson’s complementary product portfolio, the
companies also share a large base of common customers who present
cross-sell opportunities. Nine percent of Lawson’s active customers
also use Infor products, and 48 percent of Lawson’s top revenue
customers use at least one Infor application.

The combination of Lawson S3 and Infor FMS SunSystems Enterprise will
enable organizations to adopt a two-tier financial management strategy.
In this strategy, Lawson S3 can be deployed at headquarters and larger
divisions, while Infor FMS SunSystems Enterprise is used at smaller
operations distributed globally. One key benefit of a flexible global
financial management system is that it can support multiple countries,
languages and currencies but also allow each distributed operation to
upgrade separately.

The combination of Lawson S3 and Infor Enterprise Asset Management can
help customers reduce operating and maintenance costs. The City of
Greensboro, N.C., is one public sector customer that Infor and Lawson
have in common.

“Infor EAM has helped us realize cost savings by substituting
corrective maintenance with scheduled preventive maintenance
activities,” said Stephen Sherman, GIS Manager, City of Greensboro,
N.C. “Integration with our Lawson S3 Financial Management System will
further consolidate information and enable us to produce enhanced
reports more quickly for senior management and state regulatory
agencies.”

Lastly, the combination of Infor Workforce Management with Lawson Human
Capital Management can provide one system to manage all employee-related
functions, including core HR, talent management, eLearning, time and
attendance, and payroll. The integrated applications can improve
operational decision making capabilities and enable time-and-attendance
data to feed directly into payroll.

Notice Regarding Listing of Lawson Shares

As a result of the closing of the merger, shares of Lawson's common
stock were delisted from NASDAQ as of the close of business on July 5,
2011 and will not open for trading on the First North exchange on July
6, 2011. Lawson's stockholders who hold shares registered through
Euroclear Sweden as of July 8, 2011, will be paid the equivalent of
U.S.$11.25 per share cash merger consideration on or about July 13,
2011.

About Infor

Infor is a leading provider of business software and services, helping
more than 70,000 customers in 164 countries improve operations and drive
growth. To learn more about Infor, please visit
www.infor.com (http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3
A%2F%2Fwww.infor.com&esheet=6783594&lan=en-US&anchor=www.infor.com&index
=1&md5=65c447e8498b812d469de7a7fe8bcde5).

About Golden Gate Capital

Golden Gate Capital is a San Francisco-based private equity investment
firm with approximately $9 billion of capital under management. Golden
Gate is dedicated to partnering with world-class management teams to
invest in change-intensive, growth businesses. For more information,
visit
www.goldengatecap.com (http://cts.businesswire.com/ct/CT?id=smartlink&ur
l=http%3A%2F%2Fwww.goldengatecap.com&esheet=6783594&lan=en-US&anchor=www
.goldengatecap.com&index=2&md5=9a07f12611c6273e98f6bb17d9a56fe6).

Contacts

Infor
Dan Barnhardt, 678-319-8457
dan.barnhardt@infor.com (dan.barnhardt@infor.com)
or
Lawson Software
Joe Thornton, 612-868-3647
joe.thornton@us.lawson.com (joe.thornton@us.lawson.com)