Lawson Software Announces Webcast Information for Special Meeting of Stockholders

Lawson Software Announces Webcast Information for Special Meeting of
Stockholders

 

ST. PAUL, Minn.--(BUSINESS WIRE (http://www.businesswire.com/))--
Regulatory News:

Lawson Software (Nasdaq: LWSN) today announced that it will host a
webcast of its special meeting of stockholders on Wednesday, June 29,
2011, beginning at 11:00 a.m. Eastern Time (10:00 a.m. Central Time). As
previously announced, at the special meeting, Lawson stockholders will
consider and vote upon, among other things, the proposed merger
transaction with GGC Software Holdings, Inc., an affiliate of Golden
Gate Capital and Infor. Lawson stockholders of record at the close of
business on Friday, May 27, 2011, will be entitled to vote at the
special meeting.

As previously announced on April 26, 2011, Lawson signed a definitive
merger agreement to be acquired by GGC Software, under which Lawson
stockholders would receive $11.25 per share in cash. The transaction is
expected to close on or after July 1, 2011.

Institutional Shareholder Services (“ISS”) and Glass Lewis, two leading
independent proxy advisory firms, recommend that Lawson stockholders
vote “FOR” the Company's proposed transaction at the special meeting.
Both ISS and Glass Lewis also recommend that Lawson stockholders vote in
favor of all related board-sponsored proposals.

The special meeting will be held at Lawson's Corporate Headquarters,
Hiawatha & Superior Meeting Rooms, 380 Saint Peter Street, St. Paul,
Minnesota, 55102.

Investors and other interested parties may access the special meeting by
visiting the company's investor website at
www.lawson.com/investor (http://cts.businesswire.com/ct/CT?id=smartlink&
url=http%3A%2F%2Fwww.lawson.com%2Finvestor&esheet=6770974&lan=en-US&anch
or=www.lawson.com%2Finvestor&index=1&md5=5aa77d4534b1a182a9eb18938d77f0f
8). Interested parties may also listen to this event by dialing
1-888-469-0973 (or 1-415-228-3886 for international callers) and using
the passcode "0629."

A replay will be available approximately one hour after the webcast and
conference call concludes. The webcast will remain on
www.lawson.com/investor (http://cts.businesswire.com/ct/CT?id=smartlink&
url=http%3A%2F%2Fwww.lawson.com%2Finvestor&esheet=6770974&lan=en-US&anch
or=www.lawson.com%2Finvestor&index=2&md5=85b9b8b819571d9453d7d72f0a2b2d3
8) under the “Presentations” section for two weeks. To access the
replay, dial 1-800-879-3386 (or 1-402-220-4713 for international
callers) and using the passcode “0629.” The telephone replay will be
available for one week.

On May 31, 2011, in connection with the merger, Lawson filed its
definitive proxy statement with the U.S. Securities and Exchange
Commission (the "SEC") and on June 15, 2011, Lawson filed a supplement
to its definitive proxy statement with the SEC. Lawson stockholders are
encouraged to read the company's definitive proxy materials, in their
entirety as they provide, among other things, a detailed discussion of
the process that led to the proposed merger and the reasons behind the
Board of Directors' unanimous recommendation that stockholders vote
“FOR” the proposal to adopt the merger agreement. The company's
definitive proxy materials may be obtained free of charge at the SEC's
website at
www.sec.gov (http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%
2F%2Fwww.sec.gov&esheet=6770974&lan=en-US&anchor=www.sec.gov&index=3&md5
=fb90799c9412ea67bb8fc511ae6ce445)., at Lawson's website,
www.lawson.com (http://cts.businesswire.com/ct/CT?id=smartlink&url=http%
3A%2F%2Fwww.lawson.com&esheet=6770974&lan=en-US&anchor=www.lawson.com&in
dex=4&md5=49a7118d2ba281bd0acad23d23e8577d), or by contacting Investor
Relations by phone at 651-767-4890, by email at
investor@lawson.com (investor@lawson.com) or by mail at 380 St. Peter
Street, St. Paul, MN 55102.

Lawson stockholders who have questions about the merger, need assistance
in submitting their proxy or voting their shares should contact the
company's proxy solicitor, MacKenzie Partners, Inc., at 1-800-322-2885;
Email: proxy@mackenziepartners.com (proxy@mackenziepartners.com).

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 (http://cts.businesswire.com/ct/CT?id=smartlink&url=http%
3A%2F%2Fwww.lawson.com&esheet=6770974&lan=en-US&anchor=www.lawson.com&in
dex=5&md5=01bcc133990b25be50a387c89993cf86). 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; the relief sought by Lawson with respect to the
judgment in the ePlus litigation might not be granted in whole or in
part; 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.

Lawson Software
Investor Contacts:
Barbara Doyle
+1-651-767-4385
investor@lawson.com (investor@lawson.com)
or
Dan Burch / Laurie Connell
MacKenzie Partners
+1-212-929-5748 / +1-212-378-7071
or
Media Contacts:
Terry Blake
+1-651-767-4766
terry.blake@us.lawson.com (terry.blake@us.lawson.com)
or
Averell Withers / Jillian Palash
Joele Frank, Wilkinson Brimmer Katcher
+1-212-355-4449