January 25, 2010

Lucernex Technologies Announces Subscription-Based Pricing for Lx LseMod Product Suite

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Dallas, TX (January 25, 2010) – Lucernex Technologies, an innovative developer of business intelligence software for real estate management and development, today announced a new subscription-based price structure for its Lx LseMod product suite. The new rate is designed to make Lx LseMod more affordable for commercial real estate brokers, corporate real estate managers, and real estate consultants seeking expert financial decision analysis and reporting tools.

Now all of the Lx LseMod’s Standard Edition applications, including Lx LseMod Tenant Rep, Industrial, Retail and Landlord Lease Analysis, Lx LeaseVsBuy, Lx Sublease and Lx SpacePro are available for an annual subscription rate of $495. Designed to provide real estate brokers with site selection and portfolio optimization financial analysis for any property worldwide, Lx LseMod applications also enable brokers to automatically create, package and email presentation-quality reports including P&L, Cash Flow, NPV and one-page management summaries comparing alternatives or occupancy scenarios

“LxLseMod is ideal for commercial real estate brokers who wish to be thought of as experts in their fields, create professional reports and win more business,” said Joe Valeri, president, Lucernex Technologies.

Rodney Burns, a Lucernex Director stated, “by evolving from a higher one-time purchase price plus maintenance fees to a lower, all-inclusive annual subscription fee, Lucernex tools are now significantly more affordable for brokers seeking an advantage in an industry made even more challenging and competitive due to the economy.”

In October 2009, Lucernex announced the acquisition of Lease Cost Solutions Inc, the developers of LseMod, the industry leader in lease modeling and financial analysis software for the commercial, industrial and office real estate industry. Lucernex now offers the Lx LseMod product suite in addition to its original Integrated Workplace Management System, Lx IWMS, which currently helps numerous Fortune 500 customers save time and money across the entire property identification, development and asset management lifecycle.