Dallas, August 1, 2005 -- Tyler Technologies, Inc. (NYSE: TYL) announced today that it has signed contracts with the cities of West Hollywood, California and Albany, Oregon for Tyler's EDEN software. Tyler will also provide implementation services, training and support for the two cities as part of the contracts.
West Hollywood will replace its outdated system with EDEN software for core financials and payroll and human resources. In addition, the city will implement EDEN's Web extensions, which allow citizens, businesses and employees to access online services and information.
After initiating a search for new software in April 2004, the city of West Hollywood evaluated several vendors before selecting Tyler Technologies. "Our selection of Tyler's EDEN system was based on a combination of factors, including technology platform, software functionality, site visits and existing customer references," said Anil Gandhy, West Hollywood's Finance and Information Technology Director. "We believe the new software from Tyler will provide improved accounting processes and a better fit with the city's information technology framework."
Jeff Green, President of Tyler's EDEN division, commented, "We are delighted to have the opportunity to help West Hollywood expand their capabilities and increase efficiencies. We look forward to delivering a superior product that offers quicker and more flexible transaction processing, faster access to information, and ease of use."
Located in the greater Los Angeles area, the city of West Hollywood has a population of approximately 37,000. The home of the legendary Sunset Strip, West Hollywood offers unparalleled nightlife, innovative dining, and world-class shopping. More information can be found at www.weho.org.
Tyler will install its EDEN applications for core financials, human resources and payroll, as well as citizen services, at the city of Albany, Oregon. Bob Woods, Albany Director of Information Technology, noted, "The city of Albany made a point of including our line workers in the evaluation of a replacement financial system. It's clear that our people felt that Tyler's EDEN software had the most user-friendly interface of all the systems we evaluated. The completeness of the various management modules, combined with high user acceptance and a solid data structure, took Tyler to the top of our evaluation list."
"We applaud the team approach taken by the city of Albany," said Tyler's Jeff Green. "Involving employees in the evaluation process creates ownership and heightens interest during implementation and training. We will share in their excitement as we deliver software and services that increase the city's efficiency and cost effectiveness."
Albany was founded in 1847 on the east bank of the Willamette River. Within about 100 square blocks Albany has the most varied collection of historic buildings in Oregon, dating from the 1840s through the 1920s. The city of Albany has about 44,000 residents and is home to Lewis & Clark College, the state's largest private college.
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 nearly 6,000 local government offices throughout all 50 states, Canada, Puerto Rico and the United Kingdom. Forbes Magazine named Tyler one of the "200 Best Small Companies" in America in 2004. More information about Tyler Technologies can be found at www.tylerworks.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 the forward-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 economic conditions, 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, the ability 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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