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Date Posted: 4/6/2011

Largest Electric Power Generation Dealer for Caterpillar in Asia Pacific Selects Lawson Software

 
 
SAINT PAUL, Minn.--(BUSINESS WIRE)-- Lawson Software (Nasdaq:LWSN - News) today announced that Bangla CAT, Bangladesh’s largest independent electric power generation (EPG) solution provider and Caterpillar distributor, has chosen Lawson for Equipment Service Management and Rental. Bangla CAT will use the Lawson enterprise software system to help support its business operations and help enhance customer service and productivity across the organization. The contract was signed during the third quarter of Lawson’s 2011 fiscal year, which ended Feb. 28, 2011.

Bangla Trac Limited, which operates under the name Bangla CAT, has been an exclusive dealer for Caterpillar (CAT) engines and equipment in the People’s Republic of Bangladesh since 2004. Headquartered in Dhaka, Bangla CAT operates four branch offices that provide Caterpillar equipment for businesses across the country. In addition to its range of electric power generators, Bangla CAT also provides gas and diesel generators, liquid fuel fire engines, construction machinery, material handling machinery and marine solutions.

“With the constant need for our business to grow, we need to drive efficiency into our existing operational activities,” said Mr. Nazim Haque, managing director of Bangla Trac Limited. “We found Lawson to be the best fit for a Caterpillar equipment dealer like us, with a flexible system that is designed around our industry-specific business activities. We are confident that our new partnership with Lawson will help us better achieve our objective of providing unparalleled service coverage and access. Most importantly, the new Lawson system will help us focus on enhancing customer satisfaction.”

In 2009, the Electric Power Division of Caterpillar Inc., named Bangla CAT as the “top Asia Pacific power systems dealer.” With the region’s highest electric power sales, Bangla CAT ranks as one of the top five EPG dealers globally. The company is also known as one of the world’s largest gasoline engine dealers. Bangla CAT is a major contributor to Bangladesh’s economy, providing gas and electric power generators, which are used as a key source of continuous power for the country’s important textile industry.

Lawson for Equipment Service Management and Rental will help Bangla CAT improve visibility of critical business information. The Lawson solution will also help Bangla Cat provide quick and efficient customer service. The company will use the new Lawson solution as a platform to streamline key information from its sales, service, warranty, finance and rental departments within a single, central business system.

David Hope, general manager and regional managing director for Lawson Asia Pacific and Japan noted, “The new partnership with Bangla CAT is proof once again that the Lawson for Equipment Service Management and Rental solution is designed around the specific business needs of heavy equipment dealers globally as well as regionally. The solution is well suited for growing equipment companies that are looking for a platform to help them efficiently manage their complex operations.”

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 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 the software industry; uncertainties as to when and whether the conditions for the recognition of deferred revenue will be satisfied; uncertainties as to when and whether signed software license contracts will meet the conditions for the recognition of revenue; increased competition; the impact of foreign currency exchange rate fluctuations; continuation of the global recession and credit crisis; Lawson’s ability to integrate acquisitions successfully; changes in conditions in the company's targeted industries; the impact of the earthquakes in Japan and New Zealand on the business environment; the outcome of pending litigation 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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