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Tyler Technologies to Provide Multi-Suite Software Solution to Sandoval County, New Mexico

^{Published on 2008-12-01 06:58:52 - Market Wire}
 

DALLAS--([ BUSINESS WIRE ])--Tyler Technologies, Inc. (NYSE: TYL) announced today it has signed a $1.1 million agreement to provide its financial management, property tax assessment, and land and vital records solutions to Sandoval County, New Mexico. The agreement includes software licenses, related professional services, ongoing maintenance and support.

Under the agreement, Sandoval County will implement Tyler's Eagle Assessor, Appraiser, Treasurer and Recorder applications to manage assessment administration, tax billing and collection, and land and vital records. The County will also implement solutions from Tyler's MUNIS financial management and human resource product suites.

"Sandoval County's investment in three of Tyler's solutions is a leading example of our ability to serve as a single source provider of a broad range of information management solutions for local governments. Our software will facilitate the sharing of data across County offices, bringing greater efficiency and effectiveness to daily operations. We welcome Sandoval County to the growing list of clients who have recognized the depth of our expertise by choosing to invest in multiple Tyler systems and look forward to a long and successful partnership," stated John S. Marr, Jr., president and chief executive officer of Tyler Technologies.

Mike Good, Sandoval County's IT Director, said the County's decision was greatly influenced by Tyler's integrated software platform. The antiquated multi-vendor system that Sandoval County currently uses has caused duplication of efforts between departments and inefficient workflow processes.

"Based on our prior experience, we are looking forward to working with a single software vendor—and Tyler's professionalism and support staff will undoubtedly make this a good relationship," said Good. "Other factors that influenced our decision to choose Tyler include its software compatibility with third-party solutions and how easy it is to use. The software is very user-friendly and the caliber of software tools offered by Tyler will greatly enhance our workflow and make us a more efficient organization."

Sandoval County is part of the Albuquerque, New Mexico Metropolitan Statistical area, and has an estimated population of 120,000. The Town of Bernalillo is the county seat.

Based in Dallas, Tyler Technologies is a leading provider of end-to-end information management solutions and services for local governments. Tyler partners with clients to make local government more accessible to the public, more responsive to needs of citizens, and more efficient. Tyler's client base includes more than 7,000 local government offices throughout all 50 states, Canada, Puerto Rico and the United Kingdom. Tyler has been named one of "America's 200 Best Small Companies" for two consecutive years by Forbes Magazine and one of "America's 100 Most Trustworthy Companies" by Audit Integrity, an independent research firm. More information about Tyler Technologies can be found at [ www.tylertech.com ].

Tyler Technologies, Inc. has included in this press release "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 concerning its business and operations. Tyler Technologies expressly disclaims any obligation to release publicly any updates or revisions to these forward-looking statements to reflect any change in its expectations. These expectations and the related statements are inherently subject to risks and uncertainties that could cause actual results to differ materially from those set forth in, contemplated by, or underlying theforward-looking statements. The risks and uncertainties which forward-looking statements are subject to include, but are not limited to, changes in competition, changes in general economicconditions, changes in the budgets and regulatory environments of the Company's customers, risks associated with the development of new products and the enhancement of existing products, theability to attract and retain qualified personnel, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.