Boston, MA - October 17, 2005 - VFA^®, Inc., the leading provider of software and services for facilities management and capital planning, today announced that top capital planners from state and local governments across the country came together recently to participate in the Company's inaugural Multi-Government Capital Planning Conference in Boston. The late September conference provided a forum for state and local government leaders to discuss the strategies for managing dynamic facilities condition information and the long-term capital planning process.

In his introductory address, David Raffin, VFA Business Director for State and Local Government, highlighted the impact that facilities assessment management can have on capital planning. State of Missouri, City of Houston, Commonwealth of Virginia and County of Milwaukee were a few of the state and local government organizations represented at the conference. Topics discussed during the forum included strategies for keeping capital asset data up to date, methods for understanding the impact of completed renewal projects on the capital plan, and processes for developing defensible budgets for facility maintenance and capital projects.

"The VFA Multi-Government Capital Planning Conference will be an annual forum to allow those in state government tasked with facility management and capital planning to share common challenges and best practice solutions," said Raffin. "We are particularly encouraged by the way in which VFA's rapidly expanding customer base has really taken ownership of the event as a means of exchanging ideas and sharing information. We look forward to next year's session."

Conference presentations focused on such topics as establishing a process for multi-agency capital budgeting, cost management strategies, and how to measure and document the return on capital investment. While each state represented was at a different point in the lifecycle of their capital planning process, the States expressed a common interest in such issues as methods for maintaining accurate facilities information, getting buy-in from a myriad of State agencies, and bridging the funding gap to effectively address facility deficiencies.

VFA's unique, Web-based Capital Planning and Management Solutions (CPMS™) enable organizations to collect reliable, accurate and current facility condition information in a centralized database. CPMS provides a single view of facility condition information that enables organizations to calculate the costs associated with the maintenance and upkeep of all their buildings and infrastructure, and provides decision support tools for the capital planning process. Through CPMS and related assessment and consulting services, VFA provides facilities managers and financial executives with insight and decision-making support for capital asset budgeting, investment and renewal.

About VFA

Headquartered in Boston, VFA, Inc. is the leading provider of software and services for facilities management and capital planning. VFA provides powerful Web-based software and consulting services to more than 275 organizations to strategically manage more than one billion square feet of real estate. VFA's Capital Planning and Management Solution (CPMS™) uniquely combines condition assessment services, Web-based decision support software and business consulting services to enable clients to achieve their missions by optimizing investments in facilities and infrastructure. VFA has a strong customer base in education, federal, state and local government, healthcare and corporate markets. For more information, please call 800-693-3132 or visit: http://www.vfa.com