BH Management Services, Inc. Selects Yardi Voyager™ with Application Hosting

SANTA BARBARA, CA, August 18, 2005 — Yardi Systems announces that BH Management Services, Inc. has selected Yardi Voyager to manage a substantial portion of its residential portfolio. BH Management Services manages apartment communities aggregating nearly 33,000 units in Alabama, California, Florida, Illinois, Iowa, Louisiana, Minnesota, Missouri, Oklahoma, South Carolina, Texas, Virginia and Wisconsin.

Yardi Voyager will streamline the company’s operations by providing a Web-based property management system with fully integrated general ledger accounting, e-banking, ACH (Automated Clearing House), Budgeting and Forecasting, Credit Check interfaces, Maintenance and Asset Management. Voyager also provides numerous and flexible reporting capabilities. Yardi ASP (Application Service Provider) Hosting services will provide BH Management’s leadership immediate access to operating data and allow them to benefit from using the most advanced technologies.

With a fully integrated, Web-based property management and accounting system, customizable reporting and daily on-site inspections, the BH Management Services team will keep up-to-date on property conditions, resident concerns and the need for enhancements. This information can be used to generate accurate reports on investments and to support appropriate recommendations for maintenance and improvements.

About BH Management Services, Inc.
The philosophy of BH Management Services, Inc. (BHM) is simple: provide the highest quality living environment and resident services in order to retain satisfied customers. This philosophy is accomplished through professionalism, organization and quality resident services.

The BHM team combines professionals with expertise in finance, marketing, resident relations, material maintenance management and employee relations with a large measure of energy and dedication. BHM’s property managers are experts at leasing, managing and maintaining properties. They provide unparalleled service to residents and serve as a vital link from the property to corporate staff and investors. In addition, they bring valuable knowledge of the property and analysis of trends in the community to the management and planning process.

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

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