EverGreen Solutions Builds Software Infrastructure for Investment Fund Managers

January 16, 2008

Washington , D.C. – EverGreen Solutions, the leader in technology consulting for real estate management, today announced a successful strategic implementation with Crossbeam Capital, a newly formed institutional equity firm specializing in workforce housing investment opportunities.  EverGreen managed and oversaw the implementation of Yardi’s Investment Management software across its portfolio.

EverGreen worked closely with Crossbeam executives to evaluate the company’s business objectives and software needs.  A customized software platform was developed and implemented using established best practices in order to streamline the implementation process.  EverGreen also incorporated accounting set-ups to ensure the necessary operational functionalities were in place and provided in-depth training and technical support services until the system was up and running.

“As a new firm, it was critical we partner with a company that understands the challenges associated with establishing a new software platform and could manage all the technical service aspects,” said Richard Devaney, CIO of Crossbeam Capital.  “We are confident in EverGreen’s services and recommendations because of its knowledge and expertise in investment management solutions.”

As an institutional equity firm, timely and accurate reporting is a high priority for Crossbeam.  The solution developed by EverGreen provides a completely integrated platform with the flexibility to easily manage upgrades as Crossbeam Capital’s business grows and the industry changes.

“Working with Crossbeam Capital at its early stage of development was an exciting opportunity for EverGreen Solutions,” said Georgianna W. Oliver, CEO of EverGreen Solutions.  “Our teams provided seamless implementation from inception through completion and delivered a customized platform to enhance Crossbeam Capital’s client services, business efficiencies and overall profitability.”

To schedule an interview with an EverGreen executive regarding this news release or for more information about EverGreen Solutions, please contact Jason Jansky at 303.684.0300 x 122 or jason@linnelltaylor.com

About EverGreen Solutions: EverGreen Solutions, Inc. is a technology consulting firm serving the real estate industry with focused services for the multifamily, commercial, senior, student, and military housing markets. Since the start of the new millennium, EverGreen Solutions has worked with real estate firms of all sizes to design, recommend, and install software solutions and implement best management practices.

About Crossbeam Capital, LLC: Crossbeam Capital, LLC is an institutional real estate equity investment advisor that serves as the contract manager to a multi-investor residential joint venture equity fund. Crossbeam engages in equity joint ventures with residential developers and homebuilders for the acquisition, development and construction of rental and for sale housing projects.

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