ALSALAM Aircraft Co. Selects Lawson for Equipment Service Management & Rental
Lawson partner Accentia Middle East secures contract for industry-specific Lawson solution to help leading aircraft maintenance provider achieve operational excellence
ST. PAUL, Minn. (May 11, 2011) – Lawson Software (Nasdaq: LWSN) today announced that Lawson partner Accentia Middle East has signed a contract to implement the latest version of Lawson for Equipment Service Management & Rental with ALSALAM Aircraft Co. in Saudi Arabia. ALSALAM will replace its legacy software with the industry-specific enterprise software suite from Lawson to help support key business areas, including finance, procurement, business intelligence, and MRO (maintenance, repair and overhaul). The Lawson system will also help the company with supply chain management, project order management, customer relationship management, and product costing. The contract with ALSALAM was signed during Lawson’s third quarter of fiscal 2011, which ended Feb. 28, 2011.
The Lawson solution will help ALSALAM streamline complex business processes and achieve better visibility over customer requirements, supply chain, engineering, cost components, planning, and scheduling. By helping to address these core business processes, Lawson can help support ALSALAM’s market leading position.
Established in 1988 under the auspices of Saudi Arabia’s Ministry of Defense and Aviation, ALSALAM has established a reputation for quality service in the aviation industry. At the same time, the organization has significantly expanded its operations at the International Airport in Riyadh. Throughout its history, the company has extended its capabilities in civil and military aircraft maintenance and developed its lines of business to include interior design, modifications and refurbishment, in addition to aircraft assembly and manufacturing. ALSALAM has approximately 3,700 employees and is certified by major aviation authorities, including the General Authority of Civil Aviation (GACA) of Saudi Arabia, the U.S. Federal Aviation Administration (FAA) and the European Aviation Safety Agency (EASA).
Lawson for Equipment Service Management & Rental is designed specifically to support companies that deal in heavy equipment and maintenance. It helps companies gain greater control over the entire equipment lifecycle. In addition to repair and overhaul services, the solution provides a wide range of support, including engineering management, equipment exchange programs, and warranty follow up as well as many other industry-specific business processes.
The software evaluation project was led by Lawson partner Accentia Middle East. Accentia has been Lawson’s exclusive partner for the Lawson M3 products in the Middle East and North Africa since 2005. The company delivers in-depth expertise in project management, customization, training and industry-specific skills to help ensure successful implementation and deployment of Lawson solutions. An initial Lawson implementation at ALSALAM was completed on time and within budget in November 2010. Now Accentia and Lawson are working on a second phase to deliver Lawson for Equipment Service Management & Rental to more users across the ALSALAM organization.
“During the evaluation project we were impressed by the deep functionality of the Lawson solution and its focus on maintenance, repair and overhaul. In addition, the know-how, industry experience and commitment of Lawson and Accentia combined with the proven customer references Accentia presented to us were main drivers for our final decision,” said Mohammed Bakhashwain, CIO at ALSALAM. “It’s vital for a leading service provider like ALSALAM to have the right solution in place to help achieve operational excellence.”
“Service within the aviation industry is a complex and challenging business. In cooperation with Lawson, we can deliver products and expertise that will support our customers by helping to optimize the utilization of materials, tools, assets and personnel and deliver enterprise-caliber customer service,” said Samir Alwani, president & CEO at Accentia Middle East. “We are proud to have ALSALAM as an important new customer for Lawson for Equipment Service Management & Rental in the Middle East.”
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. 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; 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.
Source: Lawson Software
