Legacy Partners Selects Yardi Voyager™ to Manage Its Extensive Residential Portfolio


SANTA BARBARA, CA, April 25, 2005 — Yardi Systems announces that industry leader Legacy Partners, based in Foster City, California, has selected Yardi Voyager to manage its extensive residential real estate portfolio. Legacy Partners has been a leader in commercial and residential real estate for over 35 years, managing a portfolio currently valued at $4.8 billion.

Legacy Partners recognizes the importance of technology to their operations and its impact on the decision-making process. Yardi Voyager’s fully integrated, Web-based property management and accounting system provides Legacy Partners the flexibility necessary to meet the company’s specific needs. As such, Yardi is an integral part of Legacy Partners’ day-to-day operations and provides a platform for continued success in a competitive industry.

According to Carol Foster, Vice President and Chief Accounting Officer, Legacy Partners, the process of selecting one software package that could handle the operational needs at the community level and the complex financial needs at the corporate level was lengthy and thorough. “At this point in the implementation process, we are confident that Yardi Voyager will accommodate our needs. When the full implementation is complete, the majority of Legacy Partners’ communities and employees will be on the same platform for the first time in the company’s history”.

About Legacy Partners
Legacy Partners has been a leader in commercial and residential real estate since 1968. With offices in northern and southern California, Washington, Texas, Colorado and Arizona, Legacy Partners is consistently ranked as one of the top managers and developers of real estate in the western U.S.

Our experience spans property acquisition, development and management. With an entrepreneurial spirit and real estate acumen honed by years of experience, managers at Legacy Partners understand how decisions today affect the value of investments tomorrow. We are proud of our heritage of innovation and our tradition of providing a standard of service that is unsurpassed in the industry. We are committed to creating superior investor value by bringing considerable strength to the performance of all our commercial and residential real estate investments. For more information, visit www.legacypartners.com.

About Yardi
Since 1984, Yardi Systems, Inc. has been the industry leader in the design, development, and support of software solutions for the real estate industry. Yardi’s advanced technology offers asset and property management solutions for every size operation.

Yardi is a privately held corporation with headquarters in Santa Barbara, California and regional offices throughout North America and Europe. More information about Yardi products and services may be found by visiting www.yardi.com
or calling 888.866.1144.

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