Plano, TX — July 5, 2006 — Lucernex Technologies announced today that it has successfully expanded into the hospitality sector with the addition of its first hotel development company, Quanah Hospitality Partners, LP.

Quanah Hospitality Partners, LP began using Lucernex Technologies market leading Real Estate Lifecycle Management platform, LucernexERP, to manage its Site Analysis and Selection, Design, Construction and Opening processes for approximately 100 short term residential hotels in Texas, New Mexico and California.

The principals and management of Quanah Hospitality Partners, LP are successful real estate owners and developers. They have collectively been involved with the development of numerous hotels, houses, apartments, condominiums, child care facilities, residential communities and office buildings.

About Lucernex:
Founded in 2000 Lucernex Technologies is a specialized software firm that develops web-centric information and process management applications. The Lucernex ERP, the Lucernex Technologies flagship product, is a robust platform including unique process and asset management tools that substantially decreases site and project costs and assists in early project delivery. As a single platform, Lucernex allows retailers the ability to rapidly identify, select, acquire, design, construct, open and manage new locations more efficiently and effectively. Key features include workflow, scheduling, budgeting and document management delivered in a highly collaborative, real time application.

About Quanah Hopsitality Partners, LP
A Dallas based organization, Quanah Hospitality Partners, LP was established solely to develop Value Place hotels. The principals of the firm are Gary L. Webb, J. Lawson Ridgeway, Jack Bertoglio and G. Cole Dunlap. Additional information about these individuals is available on request.