Yardi Systems Acquires Point2 Technologies Inc.

SANTA BARBARA, Calif. – Sept. 30, 2010 – Yardi Systems has announced its acquisition of Point2 Technologies Inc. Headquartered in Saskatoon, Saskatchewan with offices in Vancouver, British Columbia and San Diego, Calif., Point2 develops, markets, and supports online marketing software solutions for the real estate industry. The company also develops, markets, and supports inventory management and online marketing software for the heavy equipment industry. Customers are located in over 120 countries.

Yardi Selected as Kayne Anderson Real Estate Advisors’ Technology Partner

SANTA BARBARA, Calif., Sept. 27, 2010 – Yardi Systems today announced a technology partnership in which Yardi will provide software for Kayne Anderson Real Estate Advisors (KAREA), a private equity real estate firm investing in specialized real estate sectors with a primary focus on off-campus student housing. The selection of Yardi follows KAREA’s search for a software provider that would allow the firm to facilitate property- and fund-level reporting by automating the consolidation of financial data.