Seco Tools Signs with Lawson Software
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Lawson M3 Solution to Be Group-Wide Standard for Global Processes
STOCKHOLM, Sweden-Aug. 25, 2006--Lawson Software, Inc. (Nasdaq:LWSN) has signed a contract with Sweden-based Seco Tools for licenses and support for the Lawson M3 software solution (previously Movex), which will become the standard for Seco Tools and its companies around the world. In total, the contract will encompass about 2,000 users in more than 20 countries. The contract was signed in Lawson's first quarter of fiscal 2007.
Seco Tools, headquartered in Fagersta in the Bergslagen region of Sweden, is a world leader in tools for cutting and machining. Customers place high demands on quick deliveries -- which in turn impose high demands on suppliers. Seco Tools is known for providing rapid and precise deliveries, which minimizes inventory or stocks. The company continues to grow, and today has 40 wholly owned subsidiaries around the world.
The Lawson M3 system will provide a global solution for Seco Tools to help the company coordinate and standardize its business processes around the world. It will enable orders to be placed anywhere in the world, fed into the Lawson M3 business system, and within 24 hours, products delivered to the customer. The system will replace several existing sales and manufacturing systems at Seco Tools.
"We want the best global solution for all our companies in all markets. This is a strategic decision to invest in a single standard platform that enhances our competitiveness and enables us to deliver more quickly and more efficiently to our customers," says Lennart Svegander, CIO, Seco Tools.
The Lawson M3 system has already been in use within Seco Tools in the Nordic countries and a few other countries for the last five years, helping the company improve its delivery precision. As a result of this new contract, Lawson will now be standard throughout the group. In addition to the licenses, Lawson will be responsible for maintenance of the system on the IBM iSeries platform.
"Seco Tools is a very successful and capable company with an outstanding vision. We are delighted that they have chosen our system as their platform. It demonstrates the strength of the Lawson M3 system in the manufacturing industry," says Jorgen Hansson, account executive, Lawson Sweden.
About Lawson Software
Lawson Software provides software and service solutions to 4,000 customers in manufacturing, distribution, maintenance and service sector industries across 40 countries. Lawson's solutions include Enterprise Performance 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., USA, and has offices around the world. Visit Lawson online at www.lawson.com.
Contacts
Seco Tools
Lennart Svegander, +46 223 400 00
lennart.svegander@secotools.com
or
Lawson Software, Inc.
Jorgen Hansson, +46 8 5552 5672
jorgen.hansson@se.lawson.com
or
Sund Kommunikation
Eva Reftmark, +46 8 508 935 10
er@sundkommunikation.se
