Airports Leverage Yardi Voyager for Lease and Concession Management

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Benefits include increased financial visibility, enhanced revenue collection

SANTA BARBARA, CALIF., Oct. 5, 2011 – Yardi announced today that airport managers are using Yardi Voyager(TM) for Airports for automated, efficient collection of lease and concession revenues and for managing their maintenance responsibilities.

Yardi Voyager allows airport managers to process receivables from tenants and concessions with the same automation and database integration leveraged by thousands of public, private, and nonprofit organizations around the world.

“In considering the requirements for managing our leases, we saw Voyager as a system that could handle both our aviation services and the flight schools, maintenance shops and other tenants that comprise our onsite leases,” said Deena Mecham, property manager for Santa Monica Municipal Airport in California. “Along with ensuring revenue collection in a timely manner, Voyager provides visibility, and therefore accountability, into our finances that wasn’t possible with our previous Windows(R)-based system.”

“Many municipalities that own airports are under heavy budget duress and need to maximize revenue opportunities.” Voyager can replace stopgap property management systems with a powerful, affordable property management and concession management solution. Voyager can help airport managers obtain all potential value from their resources,” said Dan Campbell, vice president of government services for Yardi.

Campbell added, “We provide the only middle-tier software in the marketplace for general aviation through medium-hub airports in the U.S.”

About Yardi

Yardi Systems has been committed to the design, development and support of real estate investment management and property management software for nearly 30 years. With its Yardi Multifamily Suite(TM), Yardi Commercial Suite(TM) and Yardi Investment Suite(TM), the Yardi Voyager(TM) 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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