08.16.05

Property Management Systems, Inc. Is Pleased To Announce Their Corporate Name Change To TOPS Software, LLC.

By being the product of choice since 1985, TOPS Software has gained strong brand recognition in the association management industry. With a solid reputation for innovative software solutions, Property Management Systems, Inc. has decided to further reinforce the branding of TOPS Software by officially changing the corporate name to TOPS Software, LLC.

Gaithersburg, MD -- August 16, 2005

Property Management Systems, Inc., a leading provider of association management software for common interest developments, today announced the official name change to TOPS Software, LLC.

Our first product, an accounting-based software for community association management was created in response to a realized need to automate the day-to-day business processes in the property management office. As the property management industry grew, revising its business requirements, Property Management Systems, Inc. emerged as an industry leader by adapting new technologies and developing a suite of products known as TOPS Software.

With add-on products such as TOPS Payroll, TOPS MaintCo, Utility Billing, Gate Security, as well as a whole array of new features incorporated in the next general release of TOPS 2000™ v3.2.1., TOPS Software proudcts are evolving into ideal solutions for businesses in many related industries.

Aas part of the company’s long term strategy, Jeff Hardy, President of Property Management Systems, Inc., has changed the corporate name to TOPS Software, LLC to take advantage of the TOPS branding while expanding the company's client base beyond the property management industry.

Additional information on TOPS Software is available at www.topssoft.com.