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Yardi Acquires Proliphix

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Real estate software provider joins forces with leading provider of internet-managed energy control solutions

SANTA BARBARA, Calif.–With the acquisition of Proliphix, Yardi® continues to strengthen the Yardi® Smart Energy Suite, adding the Proliphix Energy Control Solution (ECS) to its comprehensive suite of mobile-enabled energy management solutions.

Proliphix introduced the industry’s first Internet Protocol (IP) thermostats in 2005. Its current offering, ECS, uses cloud-hosted remote management software to provide inexpensive monitoring and control of heating, ventilation and air conditioning systems for large enterprises with small facilities.

“ECS offers portfolios of small facilities the cost savings, efficient energy management, enhanced tenant comfort and reduced maintenance costs that Yardi LOBOS® delivers to larger facilities,” said Matt Eggers, vice president of energy management for Yardi. “We welcome the Proliphix team to Yardi and look forward to applying their expertise to our energy management products.”

Proliphix customers include many of America’s familiar brand-name retailers, restaurants, and financial and government institutions. Information is available at www.proliphix.com.

“Yardi clients seeking efficient energy management now have a solution for every size property in their portfolios. Our pioneering remote thermostat optimization technology is an ideal complement to Yardi’s industry-leading property management and energy management solutions,” said Walter Dray, president of Proliphix.

About Proliphix
Proliphix, based in Westford, Mass., is the leading provider of internet-managed energy control solutions. In 2005, Proliphix developed and brought to market the first web-enabled thermostat for commercial buildings. Today, thousands of businesses, schools and commercial retailers rely on the Proliphix Energy Control Solution to improve HVAC and building control and reduce energy and maintenance costs. For more information, visit www.proliphix.com.

About Yardi
Yardi® develops and supports industry-leading investment and property management software for all types and sizes of real estate companies. Established in 1984, Yardi is based in Santa Barbara, Calif., and serves clients worldwide. For more information, visit www.yardi.com.