Yardi Hires Industry Expert and JD Edwards Advisor to Lead Commercial Team


SANTA BARBARA, CA, May 1, 2006 — Yardi Systems is pleased to announce the hiring of industry veteran and lead J.D. Edwards advisor, Alan James, as head of its commercial solutions sales team. Widely regarded as an industry expert, Mr. James joins Yardi from JD Edwards, where he was the company’s principal sales advisor. He will report to Terri Dowen, Senior Vice President of Sales, who oversees global sales for Yardi’s residential and commercial real estate solutions, and will focus on national sales of solutions for industry, office, retail and investment management.

Why Yardi? “The solution providers for asset and property management are in a state of change because of recent consolidations,” James states. “Yardi has remained focused and disciplined on their direction and purpose, and is poised to capture tremendous market share, particularly in the asset and fund management space.”

Yardi has begun to aggressively build a name in the global commercial real estate market with the inception of a national commercial team and the launch of Voyager 6.0, with specific enhancements for commercial real estate. The team is important to the company’s overall strategy, as it is expected to help dramatically increase Yardi’s presence in the global commercial real estate world within the next twelve months.

Dowen plans to actively expand the team throughout 2006 and calls the appointment of Alan James “the first in a series of key additions to our team as we build a world-class commercial sales team.” Having worked with other software providers such as Oracle/PeopleSoft/JD Edwards, Accruent, ASI International, and Timberline Software, Mr. James brings a level of industry knowledge and market expertise that Yardi needs to assertively move into the investment management and commercial real estate markets.

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, BRE, ProLogis, CBRE, Colliers Turley Martin Tucker-Clayton, Deloitte, Sachsenfonds, and Erinaceous Group plc.

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