Industry Veteran Peter Hill Joins Yardi Executive Sales Force

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SANTA BARBARA, Calif., April 8, 2008 — Yardi Systems, the global leader in asset and property management software, is pleased to announce the appointment of industry veteran, Peter Hill, as Vice President of Sales, Western United States. With over 20 years of executive management experience in the areas of technology, strategy, industry and enterprise-wide implementations for companies such as PeopleSoft, SAP and JD Edwards, Mr. Hill is well poised to elevate customer satisfaction and regional sales in the Western United States.

“Peter’s expertise with value-based selling in the enterprise resource planning environment is a tremendous asset to our organization,” said Terri Dowen, Sr. Vice President, Sales. “His reputation as a strategic, articulate leader with the ability to communicate the value of market-leading solutions precedes him,” she continued. “We are thrilled to welcome him to our organization and look forward to his strong leadership in the Western U.S.”

In addition to his experience with ERP software providers, Peter has held leadership positions overseeing initiatives within the real estate, construction and homebuilding industries for the last 20 years. He has also devoted much of this time to working with companies within the real estate lifecycle value chain, including Forest City Enterprises, DR Horton, Bovis Lend Lease, TIC Holdings, CB&I and Wal-Mart Realty Group. Given his background, Peter recognized Yardi’s leadership within the real estate market and considers the move a strong one. “Constant accolades from customers, analysts and third-party consultants for the outstanding products from Yardi Systems helped drive my desire to become a member of the Yardi team,” he stated. “I look forward to becoming a valuable contributor to the Yardi success story.”

About Yardi

Yardi Systems is the global leader in the design, development and support of integrated Asset and Property Management software for organizations of all sizes. For more than 25 years, Yardi’s technology and services have led the industry through responsiveness and innovation, becoming the premier application for real estate software solutions worldwide. Yardi solutions are client-driven and serve more than 15,000 businesses, corporations and government agencies, representing more than 5 billion square feet of commercial space and 5 million residential units globally. Headquartered in Santa Barbara, California, Yardi Systems has offices throughout the United States, Canada, Europe, Asia, and Australia. More information about Yardi products and services may be found by visiting www.yardi.com.

Trade Media Contact: Joel Nelson 805.699-2040, ext. 1255

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