Extra Space Storage Inc. to Use Centershift's Latest Self Storage Management Software Solution

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Centershift Inc. announced that its largest customer, Extra Space Storage Inc. (NYSE:EXR) will migrate its almost 800 properties to the Company's Store™ Enterprise platform starting in the fall of 2010. After significant analysis, Extra Space Storage has decided to implement Centershift's underlying technology as the hub of its powerful property management and sales system. In 2009, Centershift released the Store Enterprise solution for medium to large self storage operators and the Store Advantage solution for small to medium self storage operators.

Centershift Inc. announced that its largest customer, Extra Space Storage Inc. (NYSE:EXR) will migrate its almost 800 properties to the Company's Store™ Enterprise platform starting in the fall of 2010. After significant analysis, Extra Space Storage has decided to implement Centershift's underlying technology as the hub of its powerful property management and sales system. In 2009, Centershift released the Store Enterprise solution for medium to large self storage operators and the Store Advantage solution for small to medium self storage operators.

Terry Bagley, Centershift CEO, stated, "The Store Enterprise and Store Advantage products are the most innovative and flexible applications in the industry. Our integration architecture allows us to extend most features of the application beyond the site's countertop and into the ubiquitous world of data on demand. Extra Space's decision to adopt this technology validates the platform that we have worked so painstakingly to create during more than 125,000 man hours of development. The products solidify Centershift's investment and technological superiority in the self storage industry."

Centershift pioneered the delivery of centralized data over the internet for this industry, and the new Store platform will fully integrate with all aspects of a company's systems enabling them to deliver real-time data to every customer access point, including stores, call centers, web sites, smart phones, etc.

Karl Haas, COO of Extra Space Storage, noted, "Centershift's legacy product was absolutely crucial in enabling Extra Space Storage to grow from a handful of sites to be the second largest owner/operator of self storage in less than a decade. As the self-storage industry's most sophisticated technology consumer, we were looking for even more capabilities to further propel us into the next decade. Not only do they give us more capabilities, but they allow us to exploit those capabilities in ways that were previously unattainable."

About Centershift Inc.
Centershift is a complete software solution provider to the self storage industry. Based in Salt Lake City, Utah, Centershift is the fastest growing internet-based rental management and point-of-sale software solution provider in the industry. Their clients include two of the four largest self storage REITs, as well as many other small, medium and large ownership and management organizations. Centershift's Store Enterprise and Advantage applications were designed specifically for seamless integration with websites, call centers, web aggregators, iPhones, centralized mail services, corporate offices and other business systems. Centershift's primary goal is to help self storage operators increase revenue, improve efficiencies and reduce costs. For more information, please visit http://www.centershift.com or call (877) 927-4438.

For Information:
John Bilton                                     
Centershift, Inc.                             
(801) 527-3946

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