Contract is Extended Between MRI Software and Piedmont Office Realty Trust

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MRI Software will continue to provide Piedmont Office Realty Trust with its award winning SaaS based Property Management and Accounting Solutions.

SOLON, Ohio-MRI Software, a global leader in property and investment management solutions, announced that Piedmont Office Realty Trust has extended its commitment to MRI software. Piedmont Office realty Trust utilizes MRI’s award winning SaaS based Property Management and Accounting Solutions to handle a national portfolio of Class A office properties throughout the United States.

A client since 2007, Piedmont Office Realty Trust decided to extend their contract based on MRI’s recent release of their innovative Version X platform and the flexibility offered via MRI’s Partner Connect Program. The MRI Partner Connect Program enables Piedmont the flexibility and choice to integrate with multiple industry leading solutions through predefined API integrations.

“We believe that with MRI Software and their Partner Connect Program, we have the advantage of being able to leverage data across industry leading products more effectively than ever before” said Robert Bowers, CFO of Piedmont Office Realty Trust. “As a result, we are more efficient as an organization today and have the tools to be extremely agile to change and adopt technology in the future when necessary.”

“After working with Piedmont for several years, we are thrilled that they have recognized the value in our innovative solution and will remain a part of the MRI family,” said Patrick Ghilani, CEO of MRI Software. “Piedmont has a history of repeated success in the commercial management industry and we are excited to continue providing them with the flexibility and functionality of our solutions.”

As a fully-integrated, self-managed real estate investment trust (REIT), the $5 billion Piedmont portfolio is comprised of more than 19 million rentable square feet in eight states.

For more information about MRI’s solutions visit mrisoftware.com.

About MRI Software
MRI Software LLC is a leading provider of innovative software solutions for the global real estate industry. MRI delivers a comprehensive and truly configurable solution, from property-level management and accounting to the most complex, long-range financial modeling and analytics for both the commercial and multifamily real estate markets. As a leading provider of real estate enterprise software applications and hosted solutions, MRI leverages over 40 years of business experience to develop long-term successful relationships with its clients. Founded in Cleveland, Ohio, U.S.A., the company has offices in Toronto, London, Sydney, Singapore, and Hong Kong. For more information, please visit mrisoftware.com.

About Piedmont Office Realty Trust
Piedmont Office Realty Trust, Inc. (NYSE: PDM) is an owner, manager, developer, and operator of high-quality, Class A office properties located in select sub-markets of major U.S. cities. Its geographically-diversified, over $5 billion portfolio is comprised of approximately 20 million square feet. The Company is a fully-integrated, self-managed real estate investment trust (REIT) with local management offices in each of its major markets and is investment-grade rated by Standard & Poor's (BBB) and Moody's (Baa2). For more information, see http://www.piedmontreit.com.

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Alexis Jaffe
@mrisoftware
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