Dallas – (January 22, 2010) – Lucernex Technologies, an innovative developer of business intelligence software for real estate management and development, announced today that it is offering discounted subscription fees and fixed-price implementation of its Lx IWMS workplace management solution to anyone wishing to transition from Accruent’s SLM and IWMS products following Accruent’s announcement that it has been acquired by Vista Equity Partners.

Lx IWMS from Lucernex Technologies is the most comparable solution to Accruent currently on the IWMS market and offers a higher level of functionality as well as the most natural and lowest-priced migration path. The core of Accruent’s IWMS solution (previous called Store Lifecycle Management), was licensed from Lucernex in 2004 and has been installed as part of Accruent’s solution by dozens of large retailers.

“As the former CTO of Accruent and designer of the Lucernex solution, I think there is no doubt that Lucernex is best positioned to enable a smooth migration for any Accruent retail client,” said Joe Valeri, president of Lucernex. “We want to make sure that any client using any part of our software is satisfied with their investment.”

“In addition to the IWMS solution, many of Accruent’s clients are using legacy client-server based lease administration products such as SLIM, REM and RetaiLease and are looking for a web-based replacement. I am confident that any Accruent client that switches to Lucernex will be happy with the transition and will find the Lucernex team to be more responsive to their needs and willing to work with them to ensure success,” said Ken Brown, Lucernex’s executive vice president of product development and the original designer of the SLIM Lease Administration System.

First developed in 2000 and currently in use by Fortune 500 companies, the Lucernex Lx IWMS platform addresses the unique needs of companies with multi-site, rapidly changing real estate portfolios. The solution can be used to manage corporate real estate of any type and also offers market-specific functionality for the retail, restaurant and hospitality sectors.  Available in both Enterprise and Standard Editions, Lucernex Lx IWMS makes it possible for all real estate management resources to openly communicate and keep all projects on time and within budget. Enabling this kind of integrated communication will ultimately reduce costs, improve productivity, enhance operational efficiency and increase profitability.

To learn more about Lx IWMS, please contact Lucernex Technologies at 972-403-7100 or visit www.lucernex.com.

About Lucernex

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.

Dallas, TX (October 27, 2009) – Lucernex Technologies, an innovative developer of business intelligence software for real estate management and development, today 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 is acquiring LseMod to enhance the capabilities of the Lucernex Integrated Workplace Management System (IWMS), which currently helps numerous Fortune 500 customers save time and money across the entire property identification, development and asset management lifecycle.

With the acquisition of LseMod, Lucernex is uniquely positioned to offer richer, more robust software solutions to a larger network of end-users including corporate real estate professionals and commercial, industrial and office real estate brokers. Lucernex plans to market two different versions of LseMod’s products: a stand-alone version and one that is fully integrated within the Lucernex IWMS platform. LseMod’s staff will be retained by Lucernex Technologies to ensure continuity of service and all LseMod clients with current support agreements have guaranteed support from Lucernex.

“LseMod’s software capabilities and commercial real estate expertise ideally complement our leading-edge Integrated Workplace Management System (IWMS),” states Mike Nuzum, chairman of Lucernex Technologies. “Because the LseMod financial analysis products can be easily assimilated into Lucernex IWMS and rapidly deployed to the Web, current and future Lucernex and LseMod customers will quickly benefit from the expanded capabilities and increased functionality.”

Developed for corporate real estate and facilities management professionals as well as commercial, industrial and office brokers, LseMod’s financial analysis software products provide in-depth Cash Flow, Profit & Loss (P&L), EBITDA, and Before & After Tax analysis and asset comparison reporting to simplify decisions for lease vs. lease, lease vs. buy, sublease or sale/leaseback for domestic and international transactions. LseMod products provide analysis and reporting in any currency and include currency exchange rate conversions.

“The opportunity to join forces with Lucernex and to see our financial analysis products thrive as part of their larger IWMS platform was too compelling to pass up,” said James Duport, founder of LseMod. “All LseMod clients can rest assured that Lucernex is committed to providing the same high level of support and service they have come to expect. Additionally, Lucernex has the capabilities and commitment to evolve LseMod to the next level for the next generations of users.”

“The acquisition of LseMod fits with Lucernex’s strategy of acquiring software assets with a reputation for quality and customer satisfaction. We will continue to look for opportunities to add more quality offerings for our client base,” stated Joe Valeri, president and chief operating officer of Lucernex.

About LseMod

Lease Cost Solutions Inc., the developers of LseMod, is a privately held company based in Sunnyvale, California that develops and markets software products to the corporate and commercial real estate industry. Founded by James R. Duport, a Fortune 500 real estate manager, the company has established a diversified customer base of large and small companies who have realized the benefits of standardizing on one software platform to: analyze lease transactions; budget capital and expense costs; and evaluate occupancy scenarios domestically and internationally. For more information, visit www.LseMod.com.

About Lucernex

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.

Irving, Tex., July 19, 2007 – Experian Inc., a global information solutions company, announced today the most recent addition to its portfolio of business solutions – the Real Estate Lifecycle Manager.
The Real Estate Lifecycle Manager enables a business to proactively manage the market planning, site selection, design, construction and ongoing facility management processes for its real estate portfolio. Detailed information on every location, at each stage of the project, is now available at the touch of a button. Fully developed security enables a business to ensure that everyone with a “need to know” has immediate access, yet prevents unauthorized access to the data from either inside or outside the company. Automation and flexibility have been combined with real estate management best practices to improve the efficiency and efficacy of all real estate procurement, development and management processes.

Using the full range of products and services from Experian Business Strategies, clients have been able to profile consumers, evaluate sales versus market potential, score markets and individual sites, and tailor their inventory to a specific location. Expanding businesses have used these tools to effectively choose sites for their new locations. With the addition of the Real Estate Lifecycle Manager, Experian now has a cohesive platform to deliver Business Strategies products and to take location management and forecasting to the next level.

“The Real Estate Lifecycle Manager is an excellent addition to our product set,” said Richard Holt, president of Experian Business Strategies. The Lucernex Integrated Workplace Management System (IWMS) is already being used in nearly forty well-known companies, and we are confident our own clients will find real value in using this comprehensive solution to manage every aspect of their business’ real estate portfolio.”

The Real Estate Lifecycle Manager is delivered through a new global licensing agreement with Lucernex to offer their IWMS to clients of Experian Business Strategies. Since 2003, major retailers throughout the United States have used the Lucernex IWMS to save money and time in the selection, acquisition, development and management of real estate properties. In mid- 2006, Experian and Lucernex announced the integration of the Prediction location intelligence product with the Lucernex IWMS platform. This partnership created the only real estate lifecycle management tool on the market with integrated forecasting capabilities.

“This first integration is the tip of the iceberg”, stated Mike Nuzum, Chairman and CEO of Lucernex Inc., a Dallas company. “We fully intend to integrate Experian’s portfolio of individual applications into one seamless solution through the Real Estate Lifecycle Manager. Businesses will be able to purchase an individual application and then expand by ‘plugging others in’ as their business requires. There is nothing comparable on the marketplace today.”