Tyler Technologies Partners With ESM Solutions to Improve Procurement Processes for K-12 Schools, Cities and Counties |
Dallas September 26, 2005 -- Tyler Technologies, Inc. (NYSE: TYL) announced today that it has created a partnership with ESM Solutions Corporation's eSchoolMall, a leading provider of online procurement software for K-12 schools. Also housed within ESM Solutions is Mercury Commerce Solutions, a provider of e-commerce software focused on state and local governments and commercial markets. The new alliance combines the financial software expertise of Tyler with the online procurement know-how of ESM Solutions—with both companies sharing the ultimate goal of enabling schools, cities and counties to conduct business more efficiently.
According to the agreement, Tyler Technologies' MUNIS division will serve as a reseller of ESM Solutions' products and services, in addition to performing basic support. "Tyler is pleased to have formed a partnership with ESM Solutions. Our efforts to provide schools, cities and counties with the best possible ERP solution and ESM's ability to provide online procurement to these markets results in a very symbiotic relationship. We look forward to optimizing the relationship with future integration to our MUNIS financial-based software," stated Richard Peterson, Jr., President of Tyler's MUNIS division.
The eSchoolMall system provides an Internet-based buying solution for the educational market. More than 1,000 educational organizations currently use eSchoolMall's software to streamline procurement by accessing vendor catalogs online. Through the Web site (www.eschoolmall.com), schools are offered an electronic method for buying that includes bidding, quoting and purchasing solutions in addition to professional services. The result is a cost-effective solution to the never-ending buying process, leaving schools with more time to focus on educating their students.
Included among the eSchoolMall software products that Tyler's MUNIS division will resell are easyBid™ Discount, easyQuote™, easyProject™, easyForms™, easyBid™ Line Item, easyPurchase™ Textbook, easyPurchase™ Warehouse, easyPurchase™ for MUNIS and smartAgent™ for MUNIS. Future integration will enable Tyler's clients to perform encumbrances and other transactions in their MUNIS system based on their eSchoolMall activity. With over 400 school districts throughout the United States using Tyler's MUNIS software, the company has gained a reputation as an industry leader for delivering financial solutions to educational institutions.
With eSchoolMall's focus directed at the K-12 school sector, Mercury Commerce Solutions concentrates its online procurement software on state and local governments, procurement organizations, higher education and other commercial industries. Its Web site (www.mercurycommerce.com) provides clients with access to a variety of catalogs from its e-vendors. The software offers customers more efficient buying options than the typical procurement process.
Mercury Commerce Solutions' electronic purchasing and sourcing software allows users to improve their operations, while meeting accountability requirements. This shift from a paper-based procurement process to an electronic method allows cities and counties to optimize their buying power. As with eSchoolMall, integration between MUNIS software and the Mercury Commerce system will allow Tyler's customers to conduct transactions in their MUNIS system based on their Mercury Commerce usage.
Tyler's significant public sector client base will ultimately reap the benefits of this relationship with ESMSolutions. Tyler's MUNIS software, which includes Financial, Human Resources, Revenues and Productivity suites, allows clients to better manage business operations. In addition to serving schools, cities and counties, Tyler's MUNIS division also offers solutions for utilities and other local authorities.
e-Procurement saves money for schools and governments," said Andy Flanagan, Co-Founder and CEO of ESM Solutions Corporation. "This partnership brings these same proven, money-saving solutions to MUNIS customers."
Based in Dallas, Tyler Technologies is a leading provider of end-to-end information management solutions and services to 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.
ESM Solutions Corporation is a leading Internet-based procurement solution provider in the education, government and commercial markets. Doing business as eSchoolMall in K-12 and Mercury Commerce in higher education, government and commercial markets, ESM's solution set includes online procurement tools that connect organizations with their preferred vendors. The company has been recognized by Supply & Demand Chain Executive as a Top 100 enabling organization for "innovative enterprise solutions", and by Philadelphia 100 fastest growing, privately-held companies in the Greater Philadelphia region. ESM Solutions Corporation has over 2,900 entities in 21 states using its electronic procurement solutions.
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. |
Sep 26, 2005 |
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