Boston, MA - September 26, 2005 - VFA, Inc., the leading provider of software and services for facilities management and capital planning, has been included in the Software 500, Software Magazine's list of the world's foremost software and services providers, published as an online catalog on www.Softwaremag.com. For the third consecutive year, VFA was recognized for the widening adoption of VFA.facility®, VFA's Web-based capital asset planning and management software, and for significant software and services revenue growth. VFA was ranked 387 this year with 2004 software revenue growth of almost 16 percent.

“We are honored that Software Magazine has recognized VFA’s achievements for the third straight year and are proud to be included among such renowned leaders and innovators,” said Jerry Kokos, president and CEO of VFA, Inc. “In today’s business climate, it is more important than ever for businesses and government organizations to strategically manage facility and asset portfolios and to streamline the execution of capital projects. VFA continues to set the standard by providing a feature-rich, Web-based solution that enables organizations to understand the impact of capital spending decisions and optimize capital budgets.”

VFA.facility is an enterprise-level data repository and decision support tool for maintaining information about facilities and infrastructure, developing multi-year capital budgets, and planning capital projects. VFA’s software solutions are employed by Federal Government, Corporate, Education, State/Local Government and Healthcare clients to manage over one billion square feet of real estate assets worldwide. The versatility of VFA.facility extends the software’s use far beyond traditional facility management applications, addressing requirements of not only facility managers, but also capital planners and finance professionals.
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“The overall health of the software and services industries has improved, with revenue for the 2005 Software 500 at $383.3 billion worldwide for 2004, an increase of 16.5 percent over the previous year. The industry continues to be dynamic, with nearly 100 new companies on the 2005 Software 500 list,” says John P. Desmond, editor of Software Magazine and Softwaremag.com. “Employee head count was up 13.7 percent and was strongest in the segments of collaboration/project management, system integration services and IT consulting, and the supply chain/manufacturing software segment.”

The Software 500 is a revenue-based ranking of the world’s largest software and services suppliers targeting medium to large enterprises, their IT professionals, software developers and business managers involved in software and services purchasing. The list includes both private and public companies; 28 percent of the 2004 Software 500 companies are private. The Software 500 is searchable by primary business sector on www.Softwaremag.com, free to all site registrants.

The ranking is based on total worldwide software and service revenue for 2004. This includes revenues from software licenses, maintenance and support, training and software-related services and consulting. Suppliers are not ranked on their total corporate revenue, since many have other lines of business, such as hardware. The financial information was gathered by a survey prepared by King Content Co. and posted at www.Softwaremag.com, as well as from public documents.

About Software Magazine, The IT Software Journal, and Softwaremag.com

Software Magazine, the IT software journal, has been a brand name in the high tech industry for over 20 years. Softwaremag.com, its Web counterpart, is the online catalog to enterprise software and the home of the Software 500 ranking of the world's largest software and services companies, now in its 23rd year. Software Magazine and Softwaremag.com are owned and operated by King Content Co.

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

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