Boston, MA - November 29, 2005 - VFA^®, Inc., the leading provider of software and services for facilities management and capital planning, brought together organizations in the healthcare, education, government and corporate sectors from the U.S. and Canada at its annual customer conference in Boston this November, highlighting trends and best practices in facilities management and planning.

In his introductory address, VFA President and CEO Jerry Kokos noted that for most organizations, real estate is one of their largest assets, but one that is potentially underutilized. Corporate America alone has over $4.2 trillion in property, plant and equipment on the balance sheet, and almost one third of that amount is real estate. As organizations look at real estate assets more strategically, the role of facilities directors and capital planners is becoming increasingly critical.

“There is growing pressure on facilities managers and capital planners to measure and monitor the return that capital investments deliver to the organization,” said Kokos. “Our customers recognize that they now need not only to understand operational and technical issues, but to comprehend and communicate the long-term business impact of decisions related to facilities operations and capital planning.”

Kokos discussed key trends that are increasing the complexity of facilities planning and management functions within organizations. He noted that regulatory measures such as Sarbanes-Oxley and Executive Order # 13327 are causing organizations to develop new standards and processes for measurement, reporting and cost segregation to ensure compliance. Increasing adoption levels of energy performance contracts, the outsourcing of various facilities management functions, and increased scrutiny of physical security across facilities were other trends Kokos cited as adding to the scope of the facilities management and planning function.

Other topics discussed in conference presentations and roundtables included processes for aligning facilities investments with the overall vision of an organization, approaches to maintaining accurate facility condition information across large portfolios, methods for measuring and documenting return on capital investment, and integration of facilities data with other enterprise systems.

About VFA

Headquartered in Boston, VFA, Inc. is the leading provider of software and services for facilities management and capital planning. 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 helps over 275 organizations to strategically manage more than one billion square feet of real estate, including clients 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