Centennial Communications Selects Lawson to Integrate Procurement Operations.Business Editors/High-Tech Writers ST. PAUL St. Paul as a missionary he fearlessly confronts the “perils of waters, of robbers, in the city, in the wilderness.” [N.T.: II Cor. 11:26] See : Bravery , Minn.--(BUSINESS WIRE)--Feb. 2, 2004 Telecommunications Company See telecom company. Will Use Lawson Applications to Speed Service Deployment and Track Profitability of Expansion Projects Lawson Software (Lawson Software, St. Paul, MN, www.lawson.com) A software company that specializes in ERP for vertical markets including health care, retail, public sector, professional and financial services. (Nasdaq:LWSN) has been selected by Centennial Communications Centennial Communications (NASDAQ: CYCL) and its subsidiaries (Centennial Wireless (U.S.), Centennial Dominicana and Centennial de Puerto Rico) provide wireless and broadband telecommunications services to wireless telephone subscribers in the United States, Puerto Rico, the Corp. (Nasdaq:CYCL) to standardize and consolidate the company's procurement operations in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and the Caribbean. Centennial licensed Lawson 8 Series Procurement in Lawson's second quarter of fiscal year 2004, which ended Nov. 30, 2003. Centennial will integrate Lawson Procurement with its existing Lawson Financials applications to help streamline procurement processes, deploy services faster, track project profitability and achieve better vendor pricing. Centennial is one of the largest independent wireless companies in the United States and the Caribbean, serving more than one million wireless customers. Lawson Procurement initially will be implemented in Centennial's Caribbean operations, where the company is a facilities based, fully integrated communications service provider A Communications Service Provider or CSP is a company that transports information electronically. The term encompasses public and private companies in the wireline, wireless, Internet, cable, satellite, and managed services businesses. , offering both wireless and broadband voice, data, Internet and video services. Lawson will help Centennial automate and streamline purchasing processes for its Caribbean operations. The telecommunications company will use a single, centralized procurement database for the entire region, located in Centennial's New Jersey corporate offices. Centennial will use the centralized system In telecommunications, a centralized system is one in which most communications are routed through one or more major central hubs. Such a system allows certain functions to be concentrated in the system's hubs, freeing up resources in the peripheral units. to consolidate orders, establish preferred vendors and improve purchasing contracts. The integration of Lawson Procurement with Lawson Financials will help Centennial track the profitability of capital-intensive projects, such as extending network capabilities to capture new revenue opportunities. Centennial Senior Vice President and Controller Tom Bucks, anticipates that the Lawson system will help to reduce costs and increase the speed and efficiency of equipment purchases. "The Caribbean markets represent our fastest growing markets where the primary gating factor is ourselves," said Bucks. "If we can further speed up the process of purchasing, receiving and installing telecommunication equipment, we can deploy services even faster to new and existing customers. Lawson Procurement will help us streamline the way we handle purchase orders and equipment, and we expect to save money through increased operational efficiencies." About Centennial Communications Corp. Centennial is one of the largest independent wireless telecommunications service providers in the United States and the Caribbean with approximately 17.3 million Net Pops and approximately 997,200 wireless subscribers. Centennial's U.S. operations have approximately 6.1 million Net Pops in small cities and rural areas. Centennial's Caribbean integrated communications operation owns and operates wireless licenses for approximately 11.2 Net Pops in Puerto Rico Puerto Rico (pwār`tō rē`kō), island (2005 est. pop. 3,917,000), 3,508 sq mi (9,086 sq km), West Indies, c.1,000 mi (1,610 km) SE of Miami, Fla. , the Dominican Republic Dominican Republic (dəmĭn`ĭkən), republic (2005 est. pop. 8,950,000), 18,700 sq mi (48,442 sq km), West Indies, on the eastern two thirds of the island of Hispaniola. The capital and largest city is Santo Domingo. and the U.S. Virgin Islands, and provides voice, data, video and Internet services on broadband networks You can assist by [ editing it] now. in the region. Welsh, Carson Anderson & Stowe and an affiliate of the Blackstone Group Blackstone Group L.P. (NYSE: BX) is a prominent private equity and investment management firm founded in 1985 by Peter G. Peterson and Stephen A. Schwarzman. The company is based in New York City, in River House on Park Avenue at Fifty-first Street, with offices in Atlanta, are controlling shareholders of Centennial. For more information about Centennial visit www.centennialwireless.com. About Lawson Software Lawson Software provides business process software solutions that help services organizations in the healthcare, retail, professional services, public sector, financial services and other strategic markets achieve competitive advantage. Lawson's solutions include enterprise performance management, distribution, financials, human resources, procurement, retail operations, and service process optimization. Headquartered in St. Paul, Minn., Lawson has offices and affiliates serving North and South America, Europe, Asia, Africa and Australia. Additional information about Lawson is available at www.lawson.com. Forward-Looking Statements This press release contains forward-looking statements. These forward-looking statements contain statements of intent, belief or current expectations of Lawson Software, Inc., 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 ob·li·gate tr.v. ob·li·gat·ed, ob·li·gat·ing, ob·li·gates 1. To bind, compel, or constrain by a social, legal, or moral tie. See Synonyms at force. 2. To cause to be grateful or indebted; oblige. to update forward-looking statements based on circumstances or events that occur in the future. In addition to factors discussed above, risks and uncertainties that may cause such differences include but are not limited to: a decline in general economic conditions; uncertainties in the software industry; global military conflicts; terrorist attacks in the United States, and any future events in response to these developments; changes in conditions in the company's targeted service industries; increased competition and other risk factors listed in the company's most recent Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. filed with the Securities and Exchange Commission and as included in other documents the company files from time to time with the Commission. |
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