State of Missouri Expands Use of VFA Facility Assessment Services and Software; VFA Helps Missouri Optimize Facilities and Infrastructure Investment.

BOSTON -- VFA, Inc., the leading provider of software and services for facilities management and capital planning, today announced that the State of Missouri has expanded its use of VFA's Capital Planning and Management Solution (CPMS(TM)) among nearly all state-owned facilities, excluding higher education institutions.

Over the past three years, Missouri has employed VFA services to help it assess more than five million square feet of state-owned facilities, and has used VFA software to manage its facilities data and support capital planning. Under the terms of the recent agreement, VFA will assess an additional 27 million square feet of facilities for the State of Missouri. VFA will also train State employees in its best practice methodology for facility assessment. VFA works in conjunction with State employees to assess facilities in Missouri's real estate portfolio.

"The VFA solution helps us maintain accurate information about facilities assets across the State's broad portfolio, and understand the impact of different funding scenarios," said Dave Moseby, director of the Division of Facilities Management, Design and Construction within the Office of Administration for the State of Missouri. "VFA has a long track record of success working with Missouri and other states to provide an integrated solution to support the facilities capital planning process."

Missouri uses VFA's capital asset planning and management software, VFA.facility(TM), to centrally manage facility assessment data, tracking the condition and value of its facilities on an ongoing basis. State officials use this data to analyze the facility maintenance and renewal needs of agencies statewide and to ensure effective long-term utilization of capital assets.

"State governments manage large and diverse portfolios of facilities, which can make it a challenge to get a holistic view of capital assets statewide," said VFA President and CEO Jerry Kokos. "VFA's solution allows Missouri's Office of Administration to see deferred maintenance needs and renewal requirements across numerous agencies, centralize budgetary planning for facilities, and make data-driven funding recommendations."

VFA's CPMS provides state governments, such as Missouri, with superior return-on-capital investment for multi-building portfolios in excess of one million square feet of property. CPMS enables these organizations to collect reliable, accurate and current facility condition information, and provide a single view of that information in a centralized database. Organizations can calculate detailed costs associated with existing building maintenance and capital renewal projects, and understand the impact of funding decisions on future capital requirements.

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 over 275 organizations to strategically manage more than one billion square feet of real estate. VFA's Capital Planning and Management Solution (CPMS(TM)) uniquely combines condition assessment services, Web-based decision support software and consulting 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 major corporations. For more information, please call 800-693-3132 or visit http://www.vfa.com.