First of Several Yardi Sales/Service Offices Opens in Asia-Pacific

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SANTA BARBARA, CA, January 21, 2006 — Yardi Systems announces the opening of its first international office in the Asia-Pacific region. Strategically located in Hong Kong, this new sales/support office is poised to better serve the most sophisticated and transparent real estate market in the world.

“We’re thrilled at the aspect of serving markets in the Asia-Pacific Rim”, says Terri Dowen, Senior Vice President of Sales. “The heterogeneous countries of Asia-Pacific reflect a wide range of real estate market transparency which work well with our products. We’re excited about the opportunity to bring our integrated software solutions to this advanced market–we believe they will be thrilled with the results.”

With offices in the United States, Canada, Europe and now Hong Kong, Yardi will further support its Asia-Pacific presence with a secondary office in Sydney, Australia in the coming months. Look for an announcement soon. The Hong Kong office is conveniently located at 8/F Cambridge House, Taikoo Place 979 King’s Road, Island East – Quarry Bay, Hong Kong, Tel: 852.2293.2612 or Fax: 852.3010.0064. Visit www.yardi.com for more information.

About Yardi
Yardi Systems, Inc. is the global leader in the design, development and support of integrated asset and property management software for the real estate industry. For over 22 years our technology and innovation have led the industry, providing the premier software solution for commercial, residential and real estate investment markets worldwide. Our client-driven products are designed to streamline business processes by integrating property and investment management, financial reporting, and a centralized database into one fully browser-based software suite.

Headquartered in Santa Barbara, California, Yardi is a privately held corporation with offices throughout the United States, Canada, Europe and Asia-Pacific. 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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