Company accelerates advancement in strategic market.

Stamford, Conn., August 26, 2008 — Accruent, Inc., the leading provider of Real Estate Performance Management solutions, today announced that it has been positioned by Gartner, Inc. in the Leaders Quadrant in the 2008 ‘Magic Quadrant for Integrated Workplace Management Systems’ report, released on July 31, 2008.

Companies placed in the Leaders Quadrant have “strength in applications and platform technology, demonstrate a high level of quality in product reliability and service, have strong operational and organizational capabilities and financial stability, have global reach, and offer a strong vision of customer needs reflected in a robust development road map.”

According to Gartner’s Jack Heine, the report’s author, the Integrated Workplace Management Systems (IWMS) market demonstrated accelerated growth over the past eighteen months and a demand for faster time-to-value installation.

“We believe our placement within the Leaders Quadrant and rapid advancement in this market is a direct result of the breadth of our vision and the proven success of our customers,” said Mark Friedman, founder and chief executive officer at Accruent. “We share Gartner’s conclusions regarding the evolution of the IWMS market, including a shift from point solutions to integrated suites. We see this as one more sign of an increasingly established market, including vendor consolidation, industry-specific capability, and expansion of the IWMS footprint to encompass all location types and related business processes. It reflects growing customer awareness of the strategic impact of real estate and facilities, and a new sense of urgency to achieve operational control and to drive for hard financial benefits.”

Accruent provides a comprehensive IWMS solution that enables organizations to develop, administer and operate their real estate and facilities portfolios as a competitive advantage. The company’s solutions enable customers to securely manage mission-critical information in an integrated central data repository. This “single system of record”, coupled with process management and advanced business intelligence, helps bridge the gap between real estate execution and business strategy and leverage business value from key decisions at each stage of the real estate lifecycle.