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Monday, 03/01/2010 9:27:11 AM

Monday, March 01, 2010 9:27:11 AM

Post# of 44409
LCRE NEWS

Lecere on the Verge of Deploying Its Software, Reaffirms: NO REVERSE SPLIT!Font size: A | A | A9:01 AM ET 3/1/10 | BusinessWire
Software start-up Lecere(TM) Corporation (Pink Sheets: LCRE) has reaffirmed that it does not intend to do a reverse split in at least the entire year of 2010.

According to Jim Morris, Chairman and CEO, "Lecere is focused 100% on developing its software and obtaining customers. We do not intend to play 'pink sheet games' with our stock now or at any time in the future."

Lecere's initial deployment of its fully web-based, full-featured Point of Sales software for restaurants is scheduled for April 30, 2010. Features include (1) clock in/clock out, (2) manager, hostess, server, expediter, kitchen, and bar roles with screen, handheld, and printer screen views, (3) handheld, tableside order entry, (4) order item progress and alerts appropriately sent to the various roles' views (e.g. 'bar' role sees drink orders on any associated screens and/or printers, with expediter and server notified when an item is ready), (5) off-the-floor credit card scan (credit card never leaves the owner's view), (6) menu definition, (7) tables definition with auto/manual (as appropriate, e.g. 'seated' as long as there are open tickets), and (8) table state mgmt: open, seated, dirty, and closed.

Said Morris, "We are making steady progress in the development of our software, and we are in discussions with distribution partners who can deliver hundreds of customers to Lecere in 2010 alone. We are also targeting a few early-adopter sites that will enable us to prove our product is world-class, cloud-computing software, and that we are fully capable of extending and supporting rollouts to enterprise customers. The Lecere team has vast experience over many years in developing and supporting software. We have done it many times before, and we will certainly do so with this new software. Our team is determined to bring Lecere to a position of leadership in the hospitality software industry, and we will not rest until that goal has been achieved."

Lecere will provide a webinar demo of its software to potential, qualified restaurant customers or distribution partners. Please email jim dot morris at lecere dot com if you would be interested in seeing a webinar demo.

About Lecere(TM) Corporation

Lecere Corporation (Pink Sheets: LCRE) of Portland, Oregon, develops and markets Lecere FIRMS(TM), an integrated, Web-based suite of interactive restaurant management software that runs on handheld wireless devices. FIRMS helps restaurants reduce their operational costs while enhancing their customers' experiences for increased revenues and profits.

Lecere and FIRMS are trademarks of Lecere Corporation. All other legal marks are the property of their respective owners.

SOURCE: Lecere Corporation

Lecere Corporation
Jim Morris, 503-781-4828

i dont give advice. i suck at making trades

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