To be awarded certification, an audit of Lucernex’s Quality Management system was conducted in 2011 culminating in certification in November of 2011. A third party auditing firm, Quality Systems Registrars, Inc. (QSR), performed the ISO 9001 certification.

“ISO 9001 certification proves how dedicated Lucernex is to customer service and continual improvement. It will ensure that we continually improve our service processes and our customer satisfaction”, said Joe Valeri, President of Lucernex.

If you are interested in learning more about Lucernex’s ISO 9001:2008 certification or about Lucernex Quality Management System, please call 972.403.7100 or email sales@lucernex.com.

About Lucernex
Founded in 2000, Lucernex Technologies provides real estate professionals with powerful software tools to guide them through the real estate store life cycle. It is the only solution designed “by retailers for retailers” and can manage any size portfolio of leased and owned properties. Fortune 500 companies in the commercial real estate, hospitality, retail, construction and engineering industries have been utilizing Lucernex Technologies software solutions every day to ensure compliance, mitigate risk and empower effective growth. As an innovative leader in retail real estate solutions, Lucernex continues to grow its customer base by applying its Web-based software expertise and real estate development insight to provide advanced tools and services for business. For more information, please visit www.lucernex.com.

SSAE 16, which supersedes the SAS 70 audit standard, was designated by the U.S. Securities and Exchange Commission (SEC) as an acceptable method for management to obtain assertions about service organization internal controls without conducting separate assessments. “As a provider of SaaS solutions delivered in the Cloud, SSAE 16 compliance ensures all Lucernex products are safely and securely controlled. To our clients it means they can feel safe using our solutions to develop, build and manage their real estate portfolio”, said Ken Brown, EVP and CIO of Lucernex.

The Auditors’ Report details Lucernex’s controls and provides an independent assessment of operational standards to ensure they are effective for securing and maintaining all client environments. If you are interested in reviewing a copy of the audit, please call 972.403.7100 or email sales@lucernex.com

About Lucernex
Founded in 2000, Lucernex Technologies provides real estate professionals with powerful software tools to guide them through the real estate store life cycle. It is the only solution designed “by retailers for retailers” and can manage any size portfolio of leased and owned properties. Fortune 500 companies in the commercial real estate, hospitality, retail, construction and engineering industries, both in the United States and Europe, have been utilizing Lucernex Technologies software solutions every day to ensure compliance, mitigate risk and empower effective growth. As an innovative leader in retail real estate solutions, Lucernex continues to grow its customer base by applying its Web-based software expertise and real estate development insight to provide advanced tools and services for business. For more information, please visit www.lucernex.com.
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Media Contact: Joe Valeri 310-732-6448, joe.valeri@lucernex.com

“After evaluating our operational requirements, we realized that we needed more than just a replacement for our legacy lease administration system. We needed an integrated approach to managing our real estate. Lucernex offers a solution that will allow us to manage the entire store life cycle in one database and on one platform,” said VP of Real Estate, Paul Doize. “Lucernex has clearly applied their top-down knowledge of real estate to design a solution that will provide value to our entire organization, from the executives to the lease administrators, real estate accountants, and the franchise management team.”

Robert Abdul, VP of Sales for Lucernex, described the selection process as gratifying. “We were able to demonstrate how our single end-to-end solution will eliminate multiple systems of record for real estate as well as manual processes. Our standard integration with Buxton for site selection and market analysis seamlessly supports our project management, lease administration and rent accounting capabilities. The ability to integrate with their Lawson financial system instills confidence that finance and accounting has accurate data across the entire real estate lifecycle include regulatory reporting for FASB13″.

Lucernex conducted a survey on FASB readiness with the NRTA. In discussing these findings in a recent blog, Joe Valeri, President of Lucernex, said “it was clear that more companies are looking at the potential for greater cost control, more efficiency and added flexibility in lease accounting that is provided in a SLM technology platform. In recent sales opportunities, retailers are asking questions about how they can integrate processes across the lifecycle of a store in ways that don’t just automate their processes but allow them to dramatically improve their store lifecycle management.” The Lx Retail platform includes functionality for more efficiently managing market analysis, site selection, lease analysis, construction management, lease administration and rent accounting as well as capital project management.

About Aaron’s, Inc.
Aaron’s, Inc. (NYSE: AAN), the nation’s leader in the sales and lease ownership and specialty retailing of residential furniture, consumer electronics, home appliances and accessories, has more than 1,895 Company-operated and franchised stores in 48 states and Canada. Founded in 1955 by entrepreneur R. Charles Loudermilk, Sr. and headquartered in Atlanta, Aaron’s has been publicly traded since 1982. For more information, visit www.aarons.com.

About Lucernex
Founded in 2000, Lucernex Technologies provides real estate professionals with powerful software tools to guide them through the real estate store life cycle. It is the only solution designed “by retailers for retailers” and can manage any size portfolio of leased and owned properties. Fortune 500 companies in the commercial real estate, hospitality, retail, construction and engineering industries, both in the United States and Europe, have been utilizing Lucernex Technologies software solutions every day to ensure compliance, mitigate risk and empower effective growth. As an innovative leader in retail real estate solutions, Lucernex continues to grow its customer base by applying its Web-based software expertise and real estate development insight to provide advanced tools and services for business. For more information, please visit www.lucernex.com.
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Dallas, TX (July 7, 2011) – In a Chain Store Age article from June 30th by Katherine Field Boccaccio, the recent joint NRTA / Lucernex survey on FASB readiness was featured with the writer focusing on several indicators showing that Retailers are not yet acting on the ending FASB changes.

Read the article here

If you would like to get the full survey results click here.

Dallas, TX (June 23, 2011) – Lucernex is featured in a Retail Traffic article by Elaine Misonzhnik titled “Managing the Store’s Lifecycle, All in One Place” where EVP and CIO Ken Brown and CEO Mike Nuzum discuss how Lucernex set out, in 2000, to build a single solution to manage the entire Retail Store Lifecycle process.

Dallas, TX (May 17, 2011) – Lucernex Technologies, Lucernex Technologies, an innovative developer of business intelligence software for real estate management and development, today announced that Jack in the Box Inc. (NASDAQ: JACK) has purchased and implemented Lucernex’s store lifecycle management solution to manage its real estate portfolio, which includes more than 2,200 Jack in the Box® restaurants across 19 states. By implementing the retail version of the Lx Retail product suite, Jack in the Box can streamline its process of selecting store sites; building and opening new store locations; as well as managing existing locations to avoid costly time delays and save costs.

By using Lucernex’s proprietary suite of user interface-driven configuration tools, Jack in the Box completed its implementation of Lx Retail in a short period of time and at a substantially lower cost than current industry standards. The user-friendly tools enabled Jack in the Box staff to complete 80 percent of the initial configuration, including data conversion and integration, internally with minimal consulting fees.

With Lx Retail now fully implemented and live, Jack in the Box is receiving the following benefits and capabilities:

• Portfolio Management
• Market Planning and Location Analysis
• Site Selection and Analysis
• Construction and Project Management
• Facilities Management
• Capital Program and Capital Project Management

Jack in the Box was also a development partner with Lucernex in order to design a new module dedicated to automating creation of capital programs and projects, including individual and rolled-up schedules and budgets. The Capital Projects module is now a core part of the Lx Retail suite and available for all Lucernex customers to manage their remodels, re-images, dispositions and other capital programs.

“By implementing Lx Retail, Jack in the Box was able to successfully replace two previously used systems and integrate with a number of legacy systems into a single streamlined solution,” said Louise Mailloux-McBurnett, Vice President of Product Management, Lucernex. “Moving forward, the staff at Jack in the Box will also continue to build their own processes and integrations without any additional development or consulting from Lucernex.”

About Lucernex
Founded in 2000, Lucernex Technologies provides corporate real estate professionals and real estate developers with powerful software tools that lower expenses and increase ROI through active real estate portfolio data management, whether applied to an existing portfolio or during the real estate development process. For more than a decade, Fortune 500 companies in the commercial real estate, hospitality, retail, construction and engineering industries, both in the United States and Europe, have been utilizing Lucernex Technologies’ software solutions every day to better manage the development lifecycle. As an innovative leader in integrated Store Life Cycle solutions and lease administration solutions, Lucernex continues to grow its customer base by applying its web-based software expertise and real estate development insight to provide advanced tools and services for business. For more information, please visit www.lucernex.com.

About Jack in the Box Inc.
Jack in the Box Inc. (NASDAQ: JACK), based in San Diego, is a restaurant company that operates and franchises Jack in the Box® restaurants, one of the nation’s largest hamburger chains, with more than 2,200 restaurants in 19 states. Additionally, through a wholly owned subsidiary, the company operates and frachises Qdoba Mexican Grill®, a leader in fast-casual dining, with more than 500 restaurants in 43 states and the District of Columbia. For more information, visit www.jackinthebox.com.
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Media Contact: Georgia Perkey 310-732-6448, gperkey@inpointadvisors.com

Dallas, TX (May 10, 2011) – Lucernex Technologies, an innovative developer of business intelligence software for retail real estate management and development, today announced that first quarter of 2011 sales included a record number of new clients switching from legacy software applications onto the Lucernex cloud based software-as-a-service solutions. These results were attributed to offering:

• Lx Retail, the only software solution designed and built by Retailers for Retailers and the first store lifecycle management solution delivered via the Cloud,
• New capabilities for forecasting and managing lease accounting that will support the pending FASB changes,
• Introduction of an updated lease administration and rent accounting module, LX Contracts, designed specifically for retailers,
• Implementation methodology that provides a quicker “time to value”,
• Integration toolkit, ensuring client integrations don’t break when upgrades are released,
• Industry leading application performance and scalability,
• Easy and rapid replacement of legacy applications.

Thanks to the popularity of these offerings and the demand for reasonably priced cloud solutions, Lucernex added several new clients including:
• Buffalo Wild Wings Grill & Bar, one of the 10 fastest-growing restaurant chains in the country, currently with over 750 restaurants, is now implementing Lx Contracts; including a free data conversion of their legacy system SLIM.
• Galaxy Partners, an Atlanta-based corporate real estate management firm that will be using Lx Retail and Lx Contracts to manage the real estate portfolios for their Retail and Corporate clients including a free data conversion of their legacy system SLIM to Lx Contracts.
• A large specialty retail chain with over 3,500 locations throughout the U.S. will be employing Lx Contracts to manage their entire lease portfolio, replacing the legacy application Siteseer.

In addition to new customers in the quarter, a 2,300 unit restaurant chain went live on Lx Retail after a successful, under budget, implementation.

“Because we are a company with retail operating experience, we can provide a solution that really works for our retailers. By delivering all of our products as software-as-a-service via the Cloud, we are now able to offer the broad functionality of our product suite at a significantly lower cost, which has led to a rise in demand for our solutions in the recent months,” said Joe Valeri, President, Lucernex Technologies. “Additionally, we have introduced Lx Contracts, our lease administration and rent accounting solution, which was designed by the original creator of SLIM, which offers the most advanced lease administration capabilities available on the market, including support for the expected FASB rules and a new vs. old FASB analysis tool that allows users to assess the impact of their lease decisions both now and in the future.”

About Lucernex
Founded in 2000, Lucernex Technologies provides real estate professionals with powerful software tools to guide them through the real estate development process while also managing any size portfolio of leased and owned properties. For nearly a decade, Fortune 500 companies in the commercial real estate, hospitality, retail, construction and engineering industries, both in the United States and Europe, have been utilizing Lucernex Technologies software solutions every day to ensure compliance, mitigate risk and empower effective growth. As an innovative leader in retail real estate solutions, Lucernex continues to grow its customer base by applying its Web-based software expertise and real estate development insight to provide advanced tools and services for business. For more information, please visit www.lucernex.com

Dallas, TX (March 31, 2011) – Lucernex Technologies, an innovative developer of business intelligence software for real estate management and development, today announced that it is a silver sponsor of the National Retail Tenants Association (NRTA). The sponsorship will give Lucernex more visibility for its suite of store lifecycle management solutions within the retail real estate industry including their FASB 13 ready Lease Administration and Rent Accounting Solution. It will also enable the company’s leadership to support NRTA’s expansion as a premier education and networking resource for industry professionals.

NRTA is a not-for-profit corporation that enhances the personal and professional education of commercial and retail real estate lease professionals, attorneys, lease accounting and commercial property management specialists. As a Silver Sponsor, Lucernex Technologies will receive placements on the NRTA website as well as in the organization’s newsletter in addition to increased presence at NRTA’s 15th Annual Conference this September in Orlando, Fla.

“NRTA is the nation’s leading educational resource for professionals in the retail real estate sector, and our relationship with the organization has been valuable to us throughout our company’s history,” said Jim Short, Director of Client Services, Lucernex. “By increasing our affiliation with NRTA as a silver sponsor, we are looking forward to having more communication with its members and providing more of them with world-class solutions for their day-to-day challenges. As our company continues to grow, we plan to also continue to grow our support and involvement in NRTA. ”

“We feel that our corporate sponsorship is a great way for sponsors to show their support for the educational mission of the National Retail Tenants Association,” said Paul Kinney, Executive Director, NRTA. “As a sponsor, Lucernex will have the opportunity to feature its products to 400+ lease administration professionals throughout the year and at our annual conference in September. Software systems continue to be an important part in the life of the retail lease administrator and they appreciate the opportunity to explore different applications prior to purchasing.”

About Lucernex
Founded in 2000, Lucernex Technologies provides corporate real estate professionals and real estate developers with powerful software tools that lower expenses and increase ROI through active real estate portfolio data management, whether applied to an existing portfolio or during the real estate development process. For more than a decade, Fortune 500 companies in the commercial real estate, hospitality, retail, construction and engineering industries, both in the United States and Europe, have been utilizing Lucernex Technologies software solutions every day to better manage the development lifecycle. As an innovative leader in Integrated Workplace Management System (IWMS) solutions and lease administration solutions, Lucernex continues to grow its customer base by applying its Web-based software expertise and real estate development insight to provide advanced tools and services for business. For more information, please visit www.lucernex.com.

Common-area maintenance (CAM) lease reconciliation is one of the biggest challenges retail finance departments face. Usually crafted by lawyers, CAM leases are notoriously difficult to reconcile. More importantly, retailers leave thousands of dollars on the table every year because there’s no easy way to match up invoices to the original CAM lease.

The endless list of line items including growth and variance caps, square footage, base-year definition, and more create havoc for retail finance departments. Far too many are forced to enter invoices by hand and conduct CAM audits through Excel spreadsheets. The manual, labor-intensive process is an anchor on productivity and cost discrepancies often slip by unnoticed.

Now there’s finally an easier way to match up invoices with the original CAM lease contract. Lucernex and Verian technologies have partnered to help ease the pain of CAM lease reconciliation. This Thursday, the two firms will present a special, no-cost Webcast on CAM lease reconciliation. Your hosts will explore automation tools to help mine savings in your CAM leases. Learn more about the value of CAM reconciliation technology.

Who should attend:
Lease administrators, analysts, managers and supervisors
Lease compliance managers
Corporate counsel
Property managers
Lease auditors
Accountants
Paralegals
Attorneys
Attendees will learn how retailers can:
Ease the pain of CAM lease reconciliation
Recoup savings from CAM lease inaccuracies
Better deal with the large amount of invoices coming in
Close the month faster and easier
Automate the invoice workflow process with email
Get more accurate accrual information
Better manage franchise agreements and royalty payments

About Lucernex
Lucernex Technologies offers industry-leading real estate software that supports management of all phases of the real estate lifecycle and provides immediate ROI in cost savings and speed to market. Lucernex Location Performance Management solutions allow you to make smarter decisions, optimize your portfolio faster, and select the best real estate for success. Learn more.

About Verian Technologies
Verian Technologies helps mid- and large-sized organizations reduce costs and increase efficiency with intelligent, easy-to-use solutions that automate the entire purchase-to-pay process including procurement, invoice processing, employee reimbursements and asset management — capturing all spend intelligence in a single database for analysis. Verian was founded in 1997 and is headquartered in Charlotte, N.C. The company’s clients include Macy’s, Recreational Equipment Incorporated (REI), Allstate Insurance, PETCO and General Nutrition Centers (GNC). Learn more.

DALLAS – (December 6, 2010) – Lucernex Technologies, a developer of business intelligence software for real estate management and development, announced today that it has hired Robert Abdul as vice president of global sales. In this position, Abdul will be responsible for directing and managing all sales initiatives for the Lucernex suite of Location Performance Management solutions for corporate and retail real estate executives. Lucernex’s solutions are currently in use by hundreds of thousands of locations in the global retail, hospitality, engineering and construction industries, as well as hundreds of corporate real estate executives and real estate brokers worldwide.

Abdul has 20 years of experience in the software industry with more than 15 years specialized in enterprise software sales. Prior to joining Lucernex, he was regional sales manager for Accruent, a provider of enterprise location management solutions. Previously, he had worked as director of sales and channel development for SaaS provider netASPx and sales director for United Systems Consultants, Inc., a Lawson Software channel partner out of New York focused on the retail and corporate vehicles.

“Robert has a wealth of experience selling corporate real estate solutions and knows the market inside and out, so we are thrilled to have him taking the lead on our sales efforts here,” said Joe Valeri, president of Lucernex Technologies. “He has been a top performing sales representative in his previous positions, and we are looking forward to seeing him bring the same success to Lucernex as we continue to expand our presence worldwide.”

The Lucernex product suite includes: Lx IWMS, an affordable integrated workplace management system that provides comprehensive location performance management for all phases of the real estate lifecycle; Lx Contracts, Web-based lease administration and rent accounting from the creator of SLIM; and Lx LseMod, the market leader in site selection and portfolio optimization financial analysis solutions for corporate and commercial real estate.

About Lucernex Technologies

Founded in 2000, Lucernex Technologies provides real estate developers and facility managers with powerful software tools to guide them through the real estate development process. For nearly a decade, Fortune 500 companies in the commercial real estate, hospitality, retail, construction and engineering industries, both in the United States and Europe, have been utilizing Lucernex Technologies software solutions every day to better manage the development lifecycle. As an innovative leader in Integrated Workplace Management System (IWMS) solutions, Lucernex continues to grow its customer base by applying its Web-based software expertise and real estate development insight to provide advanced tools and services for business. For more information, please visit www.lucernex.com.