Yardi Hires Two Industry Experts to Support Rapid Advancement of Yardi EBS Utility Billing

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Yardi Systems bolstered its initiative to offer utility billing and utility management solutions to multifamily clients

SANTA BARBARA, CALIF., Aug. 10, 2010 – Yardi Systems bolstered its initiative to offer utility billing and utility management solutions to multifamily clients by hiring two highly experienced industry experts. Matt Miller and Kim Stinde serve as national sales executives for Yardi EBS Utility Billing™. Both executives have worked for major utility management and billing companies, with Miller serving as a regional sales manager and Stinde as a vice president.

Miller’s career includes more than 10 years of sales and operations experience in utility expense recovery, utility management, and submetering installations. Stinde brings more than a decade of project management, strategic planning, sales, military privatization, business development and marketing experience to his position.

Miller and Stinde will focus on delivering Yardi EBS Utility Billing to the multifamily market. Yardi EBS Utility Billing is a fully integrated solution that automates the utility billing process within the Yardi Voyager™ property management and accounting platform. Its features include cost/usage reporting, invoice processing and payment, turnkey submetering and maintenance, vacant cost recovery, and powerful analytical tools. There are no third-party interfaces, and resident utility charges are updated in real time in Yardi Voyager.

“I am fortunate to help revolutionize how the multifamily housing industry performs utility expense recovery. I’m confident that Yardi’s technology and client focus will set the company apart from other utility billing service providers,” Miller said.

“Joining Yardi EBS Utility Billing is a once-in-a-career opportunity. I am excited to join an organization that complements the knowledge I have accumulated in this industry with a truly client-centric culture,” Stinde added.

“The addition of Matt’s and Kim’s considerable industry experience and knowledge to the Yardi EBS Utility Billing team represents an important step toward our goal of delivering the cost-savings and operational improvements available from this powerful solution,” said Terri Dowen, Yardi senior vice president of sales.

About Yardi

Yardi Systems has been committed to the design, development, and support of real estate investment management and property management software for more than 28 years. With its Yardi Multifamily Suite™, Yardi Commercial Suite™, and Yardi Investment Suite™, the Yardi Voyager™ system is the most comprehensive single real estate management platform on the market today. Yardi serves clients around the world from offices in Asia, Australia, Europe and North America. More information about Yardi products and services is available at www.yardi.com.

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

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