Accruent opens Austin Office

Santa Monica, CA - August 17, 2010– Accruent today announced that it has opened an office in Austin, Texas. The company, a leader in real estate and facilities management software, selected Austin for its deep technology assets, established business climate, and talented workforce.  The company sees Austin as a place to create and innovate. Accruent, LLC. is headquartered in Santa Monica, California, and has office in Irvine, CA and Chicago, IL.

  “Accruent prides itself on the depth of our product offerings and the talent of our people, and given the strong business environment in Austin, it simply made sense to establish a presence here,”  said Mark Friedman, Accruent’s founder and chief executive officer. “We believe Austin’s assets provide a strong foundation to quickly establish a dynamic presence in the city, and we look forward to building our team here and taking advantage of everything Central Texas has to offer.”

Accruent provides a comprehensive suite of Enterprise Location Management solutions that enables organizations to develop, administrate and operate their property portfolios as a competitive advantage. Accruent’s solutions allow clients to establish a single ‘system of record’ for all information related to their locations by replacing the fragmented sources and systems previously in place. When coupled with process management and advanced business intelligence, Accruent helps organizations align real estate and facilities strategy with business strategy.

By the end of 2010, Accruent expects to have 50 employees in the Austin operations center, focused in product management, engineering, operations, and support.  The new office is located in the Braker Pointe complex in northwest Austin.

For employment opportunities with Accruent, visithttp://www.accruent.com/company/careers.html

About Accruent:

Founded in 1995, Accruent is leading the industry with a new generation of enterprise solutions designed to fully leverage real estate and facilities as a competitive advantage. Accruent Enterprise Location Management solutions optimize the impact that locations have on organizational performance by rightsizing real estate and facilities portfolios, eliminating unnecessary spending, and supporting compliance and sustainability initiatives. Accruent’s solutions are used by over 400 leading organizations including 20 percent of the Fortune 500, more than 40 percent of the Top 100 Retailers, leading universities, and public sector entities. For more information, visitwww.accruent.com.