Weidner Investment Services Selects Yardi Voyager™ with ASP Hosting to Manage its U.S. and Canadian Portfolio


SANTA BARBARA, CA, September 6, 2007 — Yardi Systems, the global leader in asset and property management software, is pleased to announce that Weidner Investments Services, Inc., a leading real estate investment and management company based in Kirkland, Washington, has selected Yardi Voyager with Yardi Application Service Provider (ASP) Hosting Service to manage its residential properties located in four western states and four Canadian provinces.

Weidner Investment Services is a multifaceted real estate development company, recognized industry wide as an efficient, low-cost provider of quality rental homes. When they decided it was time to upgrade the company’s software system, Weidner managers researched numerous solutions in order to select an integrated, browser-based, property management and accounting system that would meet their needs for years to come.

“Yardi’s browser-based Voyager system proved to be the most sophisticated and flexible–we can get reports in real time, and the interface is easy to learn and navigate,” explained Steve Baker, Controller for Weidner Investment Services. “Additionally, we found that the Yardi system is able to seamlessly handle the accounting complexities of our Canadian operations.” The company’s managers considered usability and functionality among their top priorities when they selected Yardi, and the seamless integration of real-time accounting and property management data will provide information that is crucial to better decision-making. “We look forward to quick, accurate reporting to guide important decisions that are essential in today’s multifamily management environment,” explained Baker. Managers also considered Yardi’s track record in the industry, and its commitment to innovation and product development.

“Weidner’s decision to implement Yardi Voyager and take full advantage of the Internet demonstrates the company’s commitment to maximizing efficiency and strategic business planning,” said Bonnie Novella, Regional Sales Manager and National Accounts Executive, Yardi Systems. “With Yardi’s leading technology, they will continue to see benefits as the company grows and operations become more complex.”

By using Yardi’s Application Hosting Service (ASP), Weidner managers will be able to focus on growing their business and providing superior services by allowing Yardi to focus on providing a state-of-the-art IT network and infrastructure, support services, and the staff necessary to keep the system running at peak efficiency.

About Weidner Investment Services
Weidner Apartment Homes is a multifaceted real estate investment company, recognized industry-wide as an efficient, low-cost provider of quality rental homes and a creative developer of new housing. The company’s commitment to delivering value serves a vision to distinguish itself as the apartment leader in each of its markets. To provide the benefits of regional and economic diversity, its properties are located in five regions: The Pacific Northwest with our corporate office in Kirkland, Washington; Alaska, in Anchorage; Colorado, in Denver and Colorado Springs; Texas, in Midland and Odessa; and Canada, in both Edmonton and Calgary.

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, Yardi’s technology and services have led the industry through responsiveness and innovation, becoming the premier application for real estate software solutions worldwide. Yardi’s 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 has 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