yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News

2008 West
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
Red Hat
The Opening of Virtualization
User Environment Management – The Third Layer of the Desktop
Cloud Computing for Business Agility
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Return on Assests: Bringing Visibility to your SOA Strategy
Managing Hybrid Endpoint Environments
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
How Can AJAX Improve Homeland Security?
Beyond Widgets: What a RIA Platform Should Offer
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
LuxeYard Announces New Brand Identity And Revamps Website With New Look And Improved Functionality
-Initiatives come as a part of the Company's strategic pivot in business strategy-

LOS ANGELES, Dec. 18, 2012 /PRNewswire/ -- Luxury living online retailer, LuxeYard (OTCQB: LUXR), announces a new look for its flagship online property,, and a new brand identity as part of the Company's improved business strategy.


Over the past quarter, the Company's implemented a pivot in its business model which involved moving away from exclusively flash sales, focusing instead on making the online experience easier, and providing style and value to its customers.  Customers will be able to shop on LuxeYard by choosing an aesthetic look of choice, and then select the perfect pieces to suit their tastes from a large number of furnishing and decor items within their style. These items are hand-picked by our professional buyers based on style, quality, and price.

Due to the relationships that the Company has developed with the world's premier home furnishing manufacturers, now supports a catalogue of items that will be available continuously for sale. This static virtual inventory will allow customers to make thoughtful purchases, based on detailed information provided on each piece, including materials used, structural composition, reliable ship-to dates, and price comparisons.

"LuxeYard has accomplished a great deal during the 4th quarter of this year," said LuxeYard, Inc. interim CEO Amir Mireskandari.  "Since LuxeYard launched a year ago, it has gained tremendous experience and is now able to capitalize on the vast amount of information we have gathered from both our customer base as well as our internal and cost containment processes. We are excited to announce the current new look and functionality for Furthermore, the ongoing shift in the Company's business model, which will focus its efforts on selling into our core competencies, especially high-end, luxury home furnishing and decor at discounted rates, will propel LuxeYard to a prominent position in the luxury ecommerce space while improving revenue and profitability. "

Since this pivot in business strategy, LuxeYard has been able to cut operating costs by roughly 70%. Amir Mireskandari further commented on the shift, "During this current quarter, without compromising our current business, we have taken the following steps:

  • Canceled or terminated non-profitable management agreements and acquisitions
  • Reduced headcount from 60 to 15
  • Eliminated overhead expenses and increased efficiencies to reduce operating costs by roughly 70%
  • Consolidated three shipping points into one, saving more than $60,000 per quarter
  • Reduced SKU count and the additional production costs associated with the higher SKU counts
  • Eliminated non-profitable product categories
  • Realigned our growth strategy to focus on member retention and customer experience, versus member count and member growth
  • Focused on conversion ratios through measuring and responding to average time members spend on site, while promoting cross-selling through our new style-based inventory selection
  • Began to realize positive margins from sales

We are proud of the accomplishments we've made during the current quarter. The upcoming quarter brings new opportunities to LuxeYard, and I'm confident that the Company's strategy will bring increased profitability and shareholder value in the year to come. The Company has a solid foundation and a defined growth plan that we believe will carry us well into 2013 and beyond."


LuxeYard is an e-commerce website for luxury home furnishings and decor that offers access to unique products sourced from an experienced team at prices up to 70 percent off retail. LuxeYard is the pioneer of Concierge Buying, which gives members the power to determine the items sold on the site, and Group Buy that allows them to lower the price by sharing sale items with friends. With a veteran retail, e-commerce, and digital marketing management team, LuxeYard partners with trendsetters and industry insiders to deliver interactivity and content on its pages. Please visit for more information.

Forward-Looking Statements

This press release contains forward-looking statements regarding LuxeYard, which involve risks and uncertainties, and actual results could differ materially from those discussed. Factors that could cause or contribute to such differences include, but are not limited to, the factors included under the heading "Risk Factors" on Form S-1/A, filed with the Securities and Exchange Commission on September 21, 2012, a copy of which may be obtained by visiting the SEC's web site at LuxeYard's actual results could differ materially from those predicted or implied and reported results should not be considered as an indication of future performance.

Investors can register to receive news releases by visiting

American Capital Ventures
1 888 670 8494

1 888 500 5893



SOURCE LuxeYard, Inc.

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest AJAXWorld RIA Stories
Interested in leveraging automation technologies and a cloud architecture to make developers more productive? Learn how PaaS can benefit your organization to help you streamline your application development, allow you to use existing infrastructure and improve operational efficie...
The OpenStack cloud operating system includes Trove, a database abstraction layer. Rather than applications connecting directly to a specific type of database, they connect to Trove, which in turn connects to one or more specific databases. One target database is Postgres Plus Cl...
"We provide a web application framework for building really sophisticated web applications that run on a browser without any installation need so we get used for biotech, defense, and banking applications," noted Charles Kendrick, CTO and Chief Architect at Isomorphic Software, i...
SYS-CON Events announced today that the "First Containers & Microservices Conference" will take place June 9-11, 2015, at the Javits Center in New York City. The “Second Containers & Microservices Conference” will take place November 3-5, 2015, at Santa Clara Convention Center, S...
DevOps Summit at Cloud Expo New York is offering a limited time FREE "Expo Plus" registration option in New York. On site registration price of $1,95 will be set to 'free' for delegates who register during special offer. To take advantage of this opportunity, attendees can use th...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)!

Advertise on this site! Contact advertising(at)! 201 802-3021

SYS-CON Featured Whitepapers