Northstar completes acquisition of TopYacht. Addition of TopYacht Solutions compliments the existing Northstar Marina Solution. heading

Northstar completes acquisition of TopYacht. Addition of TopYacht Solutions compliments the existing Northstar Marina Solution.

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Atlanta, Georgia and Melbourne, Australia - August 5 2022, Northstar Technologies, Inc. ("Northstar"), a leading provider of cloud-based enterprise management software solutions for membership-based clubs, community associations and hospitality organizations worldwide, is excited to announce the acquisition of TopYacht Pty Ltd, the world’s most comprehensive software suite for sailing results management.

“We are really excited to have the TopYacht team join the Northstar Family. TopYacht will compliment the existing Northstar marina module upon completion of tighter integration with the club management platform.” said Prasad Suryadevara, Northstar’s Founder and CEO. “With this addition Yacht Clubs can now take advantage of a single vendor to control all aspects of club operations.”

TopYacht Software has been a pivotal part of the sailing community in ANZ, providing innovative entrant and results management software solutions. In that time the company has grown to become the largest provider in Australia, with over 140 clubs, associations and events using the system, from results processing for small volunteer clubs through to online entry solutions for the largest sailing events in the country such as the world-renowned Sydney to Hobart yacht race.

”We are delighted that Northstar, an international company with such an extensive range of software solutions for clubs and associations, has taken TopYacht into their family. This acquisition will allow TopYacht to continue its evolution and continue to meet the needs of sailing clubs in Australia and internationally as it has done for 25 years. This is a great day for TopYacht and for the many users of the product.” said Rod McCubbin, Founder of TopYacht.

The acquisition helps bolster the Northstar next generation software solution and extends the company’s technological advancements and innovative approach across the hemisphere.

About Northstar

Founded in 2003, Northstar is the leading provider of enterprise management software for private and semi-private membership-based clubs, homeowner associations and hospitality organizations. The award-winning Northstar Club Software is an innovative fully integrated solution built on highly scalable single database architecture, ensuring a robust and reliable system experience for clients and their members/guests. Northstar's software platform is currently used by over 1000 membership-based clubs worldwide and is supported by over 300 full-time professionals in the US and around the world.

About TopYacht

From what started 25 years ago as a simple results program for one sailing club in Australia, TopYacht, originally a family business, saw its software quickly become established as the leading results package in Australia. Clubs in Australia, New Zealand and Asia are using the product, which has constantly evolved to meet the often-complex needs of sailing clubs. The original results software has grown and is complemented by the development of an online, race entry system. This combined entry and results system has been proven across the diversity of the sailing community, from large, offshore races and world championships to complex handicapping series, and mixed fleet dinghy racing.