September 28, 2004

Accruent Licenses Lucernex Software Products

Transaction Unites Experts in Retail Real Estate Market to Create Industry Powerhouse

Santa Monica, CA and Dallas, TX, September 28, 2004 – Accruent, Inc., the leading provider of enterprise contract management solutions, announced today that it has acquired rights to license and resell Lucernex Inc. software products. Lucernex is a privately held Dallas-based company that provides advanced real estate process and asset management applications for retailers.

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