Company consistently keeps its promise to deliver on time, on budget, and ensures customers achieve reliable results and low risk.

Santa Monica, Calif., February 10, 2009 - Accruent, Inc. confirmed today that a record number of customers completed significant upgrades or new implementations of its real estate and facilities management solutions during 2008. Organizations across a broad range of industries achieved their goals on time and on budget, proving that customers can expect reliable results and low risk by selecting Accruent products and services.

Sustained momentum throughout the year propelled Accruent beyond its 2008 goal of bringing one customer live every 10 days. The company ended the year completing 40 major customer implementations and upgrades, including 18 retailers, 12 institutions of higher education, two public sector entities, and eight corporations across the financial services, energy, healthcare and communications sectors. In partnering with Accruent, organizations such as The Mattress Firm, Christopher & Banks, and La Senza are now live with new or expanded Accruent solutions that enable them to address the challenges and opportunities they face in 2009 proactively by rightsizing their real estate portfolios and controlling major expense categories.

“Organizations are recognizing that they must address their real estate and facilities expenditure as a core strategy for financial success in 2009,” said Mark Friedman, Accruent founder and chief executive officer. “In this environment, confidence that an implementation will be successful and completed on time and on budget becomes critical. We have an extensive pipeline of new projects for 2009 that are designed to deliver payback within the calendar year. In a market where competitors are content to tout projects that are years late and millions of dollars over budget, we are proud to lead with our record of consistent, predictable customer success.”

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 strategy.