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(Chicago, Jan. 15, 2008) – The Institute of Real Estate Management (IREM®) announced that Yardi Systems, a leading provider of high-performance software solutions for the real estate industry, is the first top-tier, or diamond sponsor of IREM’s year-long 75th Anniversary celebration, which was launched at the organization’s recent Annual Fall Meeting in San Antonio.

In announcing the Yardi sponsorship, IREM President Regina T. Mullins, CPM®, said that “We are grateful for Yardi’s very significant contribution to making our 75th Anniversary a memorable and meaningful milestone. As global leaders in our respective industry sectors, we each play distinctive, complementary roles in the marketplace. Above all, we share a deep commitment to help set the highest standards for our industry, enabling it to better cope with such key challenges as security and going green while, at the same time, building value for property owners and enhancing the occupancy experience of tenants.”

“We look upon IREM as an institution that has established best practices for real estate management and valuations,” said Anant Yardi, president and CEO of Yardi Systems. “So we are particularly happy to participate in this Anniversary and to applaud IREM’s ongoing leadership role in helping to address the current challenges of our industry.”

ABOUT YARDI SYSTEMS
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, Calif., 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.

ABOUT THE INSTITUTE OF REAL ESTATE MANAGEMENT
The Institute of Real Estate Management (IREM®) is celebrating its 75th anniversary in 2008.  For more than seven decades, IREM has been the source for education, resources, information, and membership for real estate management professionals. An affiliate of the National Association of Realtors®, IREM is the only professional real estate management association serving both the multi-family and commercial real estate sectors. With 80 U.S. chapters, eight international chapters, and several other partnerships around the globe, IREM is an international organization that also serves as an advocate on issues affecting the real estate management industry.

Membership includes more than 18,000 individual members and 500 corporate members.  IREM promotes ethical real estate management practices through its credentialed membership programs, including the Certified Property Manager^® (CPM^®) designation, the Accredited Residential Manager^® (ARM^®) certification, the Accredited Commercial Manager certification, and the Accredited Management Organization^® (AMO^®) accreditation. These esteemed credentials certify competence and professionalism for those engaged in real estate management.  In addition, IREM offers Associate, Student and Academic memberships.

Collectively, IREM CPM® Members in the United States manage over $1.5 trillion in real estate assets, including 8.4 million residential units and 8.4 billion net square feet of commercial space. An additional 977,400 residential units are managed by IREM ARM® Members. IREM Members are employed by some of the most prestigious real estate firms in the world and nearly 70% hold upper-level management positions. Due to their professionalism and vast experience, property owners and investors worldwide continually seek out the management services of IREM Members.

To learn more about the Institute of Real Estate Management and its chapter network, call (800) 837-0706, Ext. 4650 (outside the U.S. call (312) 329-6000) or visit www.irem.org.