Care Module Released for Yardi Voyager™ Senior Housing Suite

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SANTA BARBARA, CALIF., March 17, 2008 — Yardi Systems, the global leader in asset and property management software, is pleased to announce the release of the Care module for the industry’s leading software for senior housing management, Yardi Voyager Senior Housing.

Originally designed as an integrated system for residential real estate management twenty-five years ago, Voyager Residential has been modified to accommodate the specific needs of the Senior Housing investment and property management markets. Over the past few years, developers at Yardi have worked closely with leading companies such as Benchmark, Senior Resource Group, and Sunrise Senior Housing to develop a comprehensive program to support all aspects of senior housing management, including marketing, care, billing, property, and investment management. CEOs, CFOs, investors, care professionals, and administrators are now able to access integrated accounting, billing, marketing, and care information via the Internet, providing them a level of corporate transparency not possible with other systems.

The newly developed Care module includes assessment, planning, task scheduling/assignment, and clinical information components–each designed to meet organizational criteria and support comprehensive reporting. Of particular importance is the customizable assessment module, which captures the projected costs of care for prospects as well as residents, while at the same time facilitating scheduling and delivery of planned services. This is a key element of senior housing management and ensures that all costs are accurately recorded and automatically billed, capturing thousands of dollars of lost fees for care facilities.

Other senior housing product updates include marketing and billing features such as source and referral tracking, electronic funds transfer, role-based dashboards, and multilingual support. For more information, visit www.yardi.com/seniorhousing.

About Yardi
Yardi Systems 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