City Becomes Tyler's Fourteenth EDEN Client in Florida
Dallas, February 6, 2007 -- Tyler Technologies, Inc. (NYSE: TYL) announced today that it has signed a contract with the city of Ocala, Florida (the City) for a full suite of EDEN financial software products. The EDEN solution includes general ledger, accounts payable, accounts receivable, budgeting, inventory, bid and quote management, contract management and Web extensions applications. The contract also provides for payroll software that encompasses applicant tracking, employee training, human resources, budgeting and Web extensions. In addition to software, Tyler will provide Ocala with related professional services as well as ongoing maintenance and support. This partnership reinforces a strong Tyler presence with its EDEN software in the state of Florida.
According to Jeff Green, President of Tyler's EDEN division, "Ocala's purchase of Tyler's comprehensive EDEN software suites reflects the City's focus on providing the best solution for its employees and its community as a whole. Tyler's EDEN solution will serve to enhance Ocala's processes and facilitate its forward outlook for its employees and constituents. We welcome a long and rewarding partnership with the city of Ocala as the latest member of our large and valued Florida client base."
Tyler's customer-centric approach to providing software and services for the public sector makes its EDEN financial management solution a solid choice for cities and counties interested in replacing systems that no longer meet their needs. Municipalities in Florida clearly see Tyler's EDEN solution as a market leader, with its excellent reputation and strong client base in the state. Ocala is the fourteenth Florida community to implement Tyler's EDEN software.
Ocala is a community of Marion County, Florida, one of the fastest growing areas in the nation. Named the county seat in 1845, Ocala has a current population of nearly 52,000 and is conveniently located within an hour of both the Gulf of Mexico and the Atlantic Ocean. Surrounded by scenic countryside, it has the vitality and diversity of a much larger city. The City is renowned for its beautiful landscape of horse farms and historically-preserved districts, is home to the 389,000-acre Ocala National Forest, and is the recipient of urban forestry's 2006 America in Bloom award.
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 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.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 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 clients, 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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