PORTLAND, Ore., Jan. 11, 2011 (GLOBE NEWSWIRE) -- Lecere Corporation (Pink Sheets:LCRE), a software development company, today announced that it has filed a Lawsuit in Oregon Federal District Court against multiple members of the popular online investor message board "Investors Hub," commonly known as iHub. The Lawsuit alleges multiple defamation claims and demands over $2 Million in damages, thus far. "We are sad to be forced into this, but we feel it's the right thing to do. We have over 1,400 shareholders and to have a few individuals manipulating our stock price through defamation of the company is not fair to the other shareholders. We have tried everything possible to get these people to stop publishing defaming information, and, unfortunately, now it has come to this. If the defamation does not stop now, we will add other defendants," stated Jim Morris, CEO of Lecere.
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 at .
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 (1.855.453.2373) firstname.lastname@example.org