Anant Yardi Named “Entrepreneur of the Year”

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SANTA BARBARA, CA, June 8, 2007 — Yardi Systems is pleased to announce that Anant Yardi has been named “Entrepreneur of the Year” by the South Coast Business and Technology Awards Committee.

More than 750 people attended the awards dinner to recognize the achievements of outstanding executives, companies and organizations throughout the Central Coast region. With 65 corporate sponsors, the highest number in its 11-year history, this event raised more than $160,000 in scholarship funds for local students.

About the Scholarship Foundation of Santa Barbara
The Scholarship Foundation of Santa Barbara assists local students in paying for their higher education — vocational, community college, or four-year college or graduate school. Beginning with nine $100 book awards in 1962, The Scholarship Foundation has grown to distribute $7 million in student aid for 2006-2007. For more information, visit www.sbscholarship.org.

About Yardi Systems
Yardi Systems, Inc. is the global leader in the design, development, and support of integrated Asset and Property Management software for organizations of all sizes. For more than 25 years, our technology and services have led the industry through responsiveness and innovation, becoming the premier application for real estate software solutions worldwide. Our software is client-driven and serves more than 15,000 businesses, corporations, and government agencies, representing more than 5 billion square feet of commercial space and 5 million residential units globally. For more information about the company or its products, visit www.yardi.com.

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

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