PORTLAND, Ore., Oct. 5, 2010 (GLOBE NEWSWIRE) -- Lecere Corporation (Pink Sheets:LCRE) announced today that its current four customers will begin accruing revenue for their usage of FIRMS beginning November 1, 2010. New customers added in October and in the future will begin generating revenue immediately as they go live.
Jim Morris, CEO of Lecere, said, "Our FIRMS software is currently being used at four customer sites on a daily basis, we will announce a fifth customer in a couple of days, and we expect to add as many as three additional customers by the end of October. We should have a small amount of revenue in October and as many as eight customers generating revenue by November 1."
"We have a backlog of over 100 potential customers, many of whom we expect to bring up in the fourth quarter. Thus we could have a considerable customer base and revenue stream by the end of the year. We will certainly not stop there! We expect to be on the fast track for new customers and a lot more revenue as we go into 2011."
"First revenue is a HUGE milestone for a technology startup company. I want to thank the Lecere team for its diligence and commitment to excellence during the last year, and I want to personally thank all of our investors who have supported us through the difficult times of our product development and pilot phase of the last year. There is still more work to be done, but we now have a stable, reliable, scalable software foundation in place that will serve us well for many years to come. We expect to make Lecere a worldwide force in SaaS restaurant management systems."
Lecere Corporation (Pink Sheets:LCRE) of Portland, Oregon develops and markets Lecere FIRMSTM, 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
Lecere and FIRMS are trademarks of Lecere Corporation. All other legal marks are the property of their respective owners.
CONTACT: Lecere Corporation Jim Morris 503-781-4828