SoftBrands Stockholders to Approve Definitive Agreement to be Acquired by Infor on August 12

Minneapolis, MN, July 30, 2009 --( SoftBrands, Inc. (NYSE Amex: SBN), a global supplier of enterprise application software, has established a record date and a special meeting date for the Company’s stockholders to consider and vote on the proposal to adopt the previously announced agreement to be acquired by an affiliate of Golden Gate Capital and Infor. On June 12, 2009 SoftBrands announced that it had entered into a definitive agreement to be acquired by an affiliate of Golden Gate Capital and Infor for $0.92 in cash per common share for a total transaction value of approximately $80 million (including amounts paid in respect of SoftBrands debt and preferred equity).

SoftBrands stockholders of record at the close of business July 8, 2009 are entitled to notice of the special meeting and to vote on the adoption of the agreement. The special meeting is scheduled for Wednesday, Aug. 12, 2009 at 3:00 p.m. central time, at the offices of Dorsey & Whitney LLP, 15th floor, 50 South Sixth Street, Minneapolis, Minn. 55402. The definitive proxy statement for the special meeting will be filed with the Securities and Exchange Commission and mailed to stockholders on or about July 13, 2009.

On July 6, 2009, SoftBrands received notification that the U.S. Department of Justice and Federal Trade Commission had granted early termination of the Hart-Scott-Rodino waiting period for the proposed transaction. The closing of the proposed transaction remains subject to customary conditions, including approval of SoftBrands stockholders.

About Infor
Based in Alpharetta, Georgia, USA, Infor is one of the largest private software companies in the world. Today the company has revenues of USD $2 billion, over 8,000 employees and more than 70,000 customers. Infor’s vision is to change what businesses expect from an enterprise software provider. Infor develops and acquires proven software products that have rich, built-in functionality. Then it makes them better. Infor invests resources into product innovation and enhancement and works hard to simplify and shorten implementation times. It enables software, services, and support globally. And it provides more flexible buying options. For more information, visit

About SoftBrands
SoftBrands, Inc is a leader in providing software solutions for the businesses in the manufacturing and hospitality industries worldwide. The company has established a global infrastructure for distribution, development and support of enterprise software, and has approximately 5,000 customers in more than 100 countries actively using its manufacturing and hospitality products. SoftBrands, which has approximately 740 employees, is headquartered in Minneapolis with branch offices in Europe, India, Asia, Australia and Africa. Additional information can be found at

SoftBrands, Inc.
Sindhu Krishnan
+91 80 4046 0600