Real Estate Expert David W. Brown Joins Yardi Systems

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SANTA BARBARA, CA, March 5, 2007 — Yardi Systems, the global leader in asset and property management software, is pleased to announce the addition of David W. Brown to its national sales team. With over 17 years of experience in the real estate software and construction markets, Mr. Brown is expert at delivering large-scale operational systems to private and public real estate owner/operators, Fortune 2000 corporate organizations (CRE, IWMS), colleges and universities, airports, multifamily organizations, fee managers, federal agencies, and retail operators.

Mr. Brown comes to Yardi from the technology and enterprise resource planning (ERP) worlds of Oracle, PeopleSoft, and JD Edwards where, for the past twelve years, he thrived on driving widespread operational efficiencies throughout his customers’ real estate operations. His successes have involved some of the most respected real estate organizations in the world, including Archon Group L.P., Boston Properties, Equity Office Properties, First Industrial Realty Trust, Inc., General Growth Properties, Liberty Properties, Developers Diversified Realty Corporation, Hines Limited Partnership Interests, and Westfield.

Prior to joining Oracle (PeopleSoft, JD Edwards), Mr. Brown was a Controller for the Bass Brothers Enterprises of Forth Worth, Texas. David currently resides in Port Aransas, Texas with his lovely wife of 9 years, Maria, and two sons, Benjamin and Nicholas, ages 7 and 5, respectively.

About Yardi
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.

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