Yardi Receives “Membership Recruitment” Award from NAHMA for Second Year

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SANTA BARBARA, CA, February 27, 2006 — Yardi Systems is proud to announce that Mark Livanec, Director, Affordable Housing and PHA Sales, has been awarded the “NAHMA Membership Recruitment Award” for the second year in a row. This award is given annually to a NAHMA member who leads in new member recruitment for the previous 12-month period. Now in its second year, this awards program honors individual lifetime achievement, outstanding individual leadership in several categories, and outstanding partnership organizations.

Livanec has worked with Yardi Systems, Inc. since 1998, and is actively involved in NAHMA, regional AHMAs, NCSHA, NLHA, CARH, NAHRO and The Campaign for Affordable Housing. He also maintains NCP-e, COS and PHO industry certifications.

About NAHMA
NAHMA is the leading voice for affordable housing management, advocating on behalf of multifamily property managers and owners whose mission is to provide quality affordable housing. NAHMA supports legislative and regulatory policy that promotes the development and preservation of decent and safe affordable housing. It is a vital resource for technical education and information, fosters strategic relations between government and industry, and recognizes those who exemplify the best in affordable housing.

Founded in 1990, NAHMA’s membership includes the industry’s most distinguished multifamily management companies and owners. For more details about NAHMA, visit www.nahma.org.

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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