Utility Management and Conservation Association Appoints Yardi’s Martin Levkus to its Board of Directors

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SANTA BARBARA, CALIF., Nov. 29, 2010 – Yardi Systems announced today that Martin Levkus, general manager of Yardi EBS Utility Billing™, has been appointed as a director of the Utility Management and Conservation Association. UMCA is a leading trade association that promotes utility conservation and cost management in the multifamily housing industry.

Levkus will direct 14 years of technology experience in multifamily and utility management toward UMCA’s initiatives. Among other projects, he will help prepare UMCA’s research database — which will soon include an innovative library of regulatory and compliance information at the federal, state and county levels — and upgrade the organization’s website. Levkus joins three directors and four officers in UMCA’s leadership echelon.

“I am honored to have the opportunity to work with distinguished colleagues on the board and hundreds of fellow UMCA members in the multifamily industry,” said Levkus. “In carrying out this duty I will apply all of the best practices that Yardi has achieved as a provider of utility management solutions.”

About Utility Management and Conservation Association

UMCA, based in Austin, Texas, advances conservation and cost management by educating the multifamily industry on best practices, advanced technology and regulations relative to utility cost recovery. For more information, visit www.utilitymca.org.

Martin Levkus

About Yardi EBS Utility Billing

Yardi EBS Utility Billing has been a pioneer in energy management in the U.S. since 1981, providing the multifamily industry with utility billing and utility management services as well as the installation of water, gas and electric submetering and energy allocation equipment. The scope of Yardi EBS Utility Billing’s expertise includes ratio utility billing system, submeter servicing, meter reading, and cost allocations. Clients using the Yardi Voyager™ platform gain added benefits with Yardi EBS Utility Billing because the services are provided directly in their Voyager environment. This enables unique capabilities such as convergent billing and automated vacancy cost recovery. For more information, visit www.energybillingsystems.com.

About Yardi

Yardi Systems has been committed to the design, development and support of real estate investment management and property management software for nearly 30 years. With its Yardi Multifamily Suite™, Yardi Commercial Suite™ and Yardi Investment Suite™, the Yardi Voyager™ system is the most comprehensive single real estate management platform on the market today. Yardi serves clients around the world from offices in Asia, Australia, Europe and North America. More information about Yardi products and services is available at www.yardi.com.

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

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