Yardi Reaches 1,000 Customer Benchmark with Application Service Provider (ASP) Data Hosting Service


SANTA BARBARA, CA, October 11, 2006 — Yardi Systems is pleased to announce the addition of Jefferson Parish Housing Authority as the one-thousandth Application Service Provider (ASP) hosting service customer. With eight data hosting centers worldwide, including locations in the United States, Canada, Amsterdam and soon the United Kingdom, Yardi continues to lead the industry with technological advances and customer service and looks forward to future growth.

“As a consistent leader in the industry, we are always looking for better ways to serve our customers around the globe. Our ASP data hosting service offers a terrific solution for our customers, and we are excited that more and more of them are recognizing the advantages of the service,” says Scott Weiner, VP of Information Technology, Yardi Systems.

Yardi employs a large, dedicated staff of network and database specialists to support customers with day-to-day operations and provide network maintenance and database administration. With Yardi’s ASP Hosting service, clients benefit from state-of-the-art technology without having to maintain the IT infrastructure, support services, and security necessary to keep their system operating at peak efficiency.

As an added benefit to the ASP service, Yardi provides a separate Business Continuity Site as a redundant backup system for customer data in the event of disaster. This site is also available to self-hosted customers for a monthly fee. Additionally, the security of client data is monitored on an annual basis with the widely recognized SAS 70 audit–an in-depth audit of control activities including information technology and related processes. This all-inclusive approach to residential and commercial property management lets Yardi provide, host, and maintain the system, so clients may focus their energy where it counts–on their business.

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 Systems 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.

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