PORTLAND, Ore., April 4, 2011 (GLOBE NEWSWIRE) -- Lecere Corporation (Pink Sheets:LCRE), a Software-as-a-Service development company, announced today that it achieved revenue of $1,333.38 in January, 2011, $1,736.91 in February, 2011, and $1,943.58 in March, 2011. Revenue for Q1 of 2011 was $4,713.87. Restated revenue for Q4 of 2010 was $3,825.46 (instead of $1,018.07). Total revenue to date for 4Q2010 and 1Q2011 was $8,839.33.
Jim Morris, CEO of Lecere, said, "The first quarter was a transition quarter for us. We want the second quarter to be one of reaching a significant new level of maturity. We have three objectives for the quarter:
- Revenue of $16,000 or greater for the quarter
- All work completed to move to the OTCBB
- Sales channel established with preferred access to over 100,000 North American retail food outlets in need of a specialized Mobile POS offered only by Lecere's FIRMS."
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. Visit our website www.lecere.com
Statements included in this press release include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are based upon current expectations that involve risks and uncertainties, such as our plans, objectives, expectations and intentions. Actual results and the timing of events could differ materially from those anticipated in these forward-looking statements as a result of a number of factors, including those set forth under the, Cautionary Notice Regarding Forward-Looking Statements and Business sections in the Company's filings with the Securities and Exchange Commission. We use words such as "anticipate," "estimate," "plan," "project," "continuing," "ongoing," "expect," "believe," "intend," or similar expressions, variations of those terms or the negative of those terms to identify forward-looking statements. The forward-looking statements specified in the following information have been compiled by our management on the basis of assumptions made by management and considered by management to be reasonable. Our future operating results, however, are impossible to predict and no representation, guaranty, or warranty is to be inferred from those forward-looking statements.
Lecere and FIRMS are trademarks of Lecere Corporation. All other legal marks are the property of their respective owners.
CONTACT: Investor Relations Contact: Mike Stapleton 1-855-4Lecere firstname.lastname@example.org
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