Yardi Adds Two J.D. Edwards Converts to Commercial Sales Team


SANTA BARBARA, CA, August 16, 2006 — Yardi is pleased to announce the hiring of industry veterans Alex Stanton and Kim Jones, both formerly of J.D. Edwards, to the global commercial solutions sales team.

With over 18 years of technology experience as a Technology Solution Director, Stanton joins Yardi from J.D. Edwards, where he focused primarily on technology solutions within the real estate industry for 10 years. There, he also played a pivotal role in helping customers understand how their application suites fit into IBM and Microsoft technology frameworks.

More recently, Alex spent 2 years at SAP where he worked with customers and prospects to architect their global application strategies as related to their business drivers, combined with existing and potential investments. Both he and Kim Jones will report to Alan James, leader of the Commercial Solutions Sales team, and will focus on aggressive growth strategy for the commercial market.

Alex is looking forward to being a key resource in Yardi’s aggressive growth strategy for tier-one accounts. “Joining Yardi gives me the opportunity to develop technology blueprints specifically for customers within the real estate industry,” he says. “My broad exposure to technology solutions ensures customers are getting the best solution to drive their businesses. I believe Yardi is positioned for incredible growth, as our product line is focused exclusively on the industry we serve and incorporates the best use of technology to drive real estate companies to achieve success.”

Kim Jones concurs: “It’s my belief that Yardi will be the dominant supplier to tier-one commercial real estate clients over the next 10 years,” he says. With 13 years of sales experience selling J.D. Edwards property management software to tier-one clients, and 3 years experience with Jonas & Erickson property management software, Jones has a comprehensive understanding of market solutions available across the board.

The addition of both Stanton and Jones reinforces Yardi’s commitment to build a world-class commercial sales team. The team is important to the company’s overall strategy and is expected to help dramatically increase Yardi’s presence in the global commercial real estate market within the next twelve months.

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 22 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.

Yardi enjoys a customer base that incorporates some of the world’s leading international companies, including Cushman & Wakefield, ProLogis, CBRE, Colliers Turley Martin Tucker-Clayton, Deloitte, Sachsenfonds, and Mount Street Holdings.

Headquartered in Santa Barbara, California, Yardi 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