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Mon, January 19, 2009

Tyler Technologies to Provide Financial Management Solution for Mahoning County, Ohio


Published on 2009-01-19 07:41:40, Last Modified on 2009-01-19 07:42:49 - Market Wire
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DALLAS--([ BUSINESS WIRE ])--Tyler Technologies, Inc. (NYSE: TYL) announced that Mahoning County, Ohio has purchased Tyler's financial management solution. The agreement, which is valued at approximately $1.8 million, includes software licenses, corresponding professional services, ongoing maintenance and support.

Mahoning County will implement a comprehensive suite of Tyler's MUNIS financial management solution, including a variety of financial and human resource applications. It invested in Payroll with Web-enabled Employee Self Service, Tyler Content Manager Limited Edition and Tyler Forms Processing. The County will deploy its Tyler applications using the role-tailored dashboard option.

"Tyler's presence in the public sector continues to grow as a result of our commitment to this single market," stated Richard Peterson, Jr., president of Tyler's MUNIS Financial Management Solutions. "We're dedicated to our clients, which means we understand and respond to their needs. We're pleased to welcome Mahoning County and look forward to continued success throughout Ohio and across the U.S."

"We will be using Tyler's MUNIS solution for the complete financial accounting package of Mahoning County. This will include basic general ledger reporting as well as requisitioning, bid and contract management, and project and grant management. We hope to utilize the forms programs as well to save on the over production of printed copies and to ensure better file storage of information. We will be implementing the complete payroll and HR packages of Tyler's system as well," commented Carol McFall, chief deputy auditor for Mahoning County.

"We hope to not only provide accurate production of payroll and the related reporting, but to establish solid HR procedures and reporting as well. Our goal is to have all employees use the self-service options of the payroll and HR system. The new systems will hopefully allow us to prepare the CAFR on a more timely basis and to create reports that can benefit management and the financial reporting of the County," added McFall.

Located in eastern Ohio, Mahoning County is the 10th largest county in the state. It is part of the Youngstown-Warren metropolitan area and has a population of approximately 250,000. The county is conveniently located about 80 miles from both Cleveland and Pittsburgh. Youngstown is the seat for the 414 square mile county.

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.

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