Santa Monica, Calif., February 18, 2009 — Accruent, Inc. is pleased to announce that more than 55 customers have adopted FAMIS Xi, the latest generation of its enterprise facilities management solution. FAMIS Xi offers both advanced technology and business workflows derived from decades of development and partnership with some of the leading practitioners in real estate and facilities. By upgrading to FAMIS Xi, Accruent customers in Higher Education, Public Sector and diverse industries are improving day-to-day operations and realizing business improvement opportunities.

The Commonwealth of Massachusetts, Michigan State University, University of Arkansas at Little Rock, Alberta Infrastructure, Iowa State University, BAE Systems, Angelo State University, and Arkansas State University are among those implementing the state-of-the-art interface and web service-based architecture of FAMIS Xi. With its streamlined technology environment, FAMIS Xi is more responsive to business changes and greatly minimizes risk. The solution creates an environment where all stakeholders – employees, customers, suppliers, contractors, and partners – work toward shared operational and strategic objectives.

“Many customers have been with us through several generations of our product. They stay the course because we are able to evolve our offering to incorporate new technologies and provide them with the updated, innovative capabilities they require,” said Mark Friedman, Accruent founder and chief executive officer. “We thank them for their confidence, and we will ensure that they can continue to rely on us to keep our solutions up-to-date as technology and operational best practices evolve.”

Accruent provides a comprehensive software suite that streamlines the targeting, development, maintenance, and optimization of real estate and facilities, empowering organizations to leverage their property portfolio as a competitive advantage. The solution establishes a single “system of record” for all property information, replacing the multiple, fragmented sources and systems previously in place. When coupled with process management and advanced business intelligence, Accruent bridges the gap between daily operations and real estate and facilities strategy.