Dallas, September 12, 2007 -- Tyler Technologies, Inc. (NYSE: TYL) announced today that it has signed a contract to implement its Odyssey court case management system in Hidalgo County, Texas. Odyssey is Tyler's new generation Web-based court management solution for the state and local government market.
Hidalgo County is a member of the Texas Conference of Urban Counties (Urban Counties) and will adopt the Odyssey system under the $12.4 million software license agreement signed last year between Tyler and the Urban Counties. Hidalgo County has separately contracted with Tyler for implementation and other professional services in this new agreement, which is valued at approximately $2 million.
Hidalgo County is located in the Rio Grande Valley and is one of the fastest-growing counties in Texas. With a population of more than 700,000, Hidalgo County ranks as the seventh-largest county in the state and the 80th largest county in the nation. The County includes the cities of McAllen and Edinburg.
"Moving to Tyler Technologies' Odyssey system for court management is a major milestone in technology for Hidalgo County," noted Judge J.D. Salinas. "Odyssey's functionality and innovative technology will enable us to operate the courts more efficiently, with significant benefits to our citizens and other constituents. We have been a client of Tyler Technologies for more than 12 years and have complete confidence that Odyssey will meet our needs for many years."
"We are pleased that Hidalgo County has decided to build on our long-standing relationship by implementing Tyler's Odyssey courts system," commented Tyler Technologies Executive Vice President Dusty Womble. "Courts like those in Hidalgo County, both in Texas and across the United States, are finding Tyler's combination of extensive domain expertise in the courts and justice market and industry-leading technology to be compelling."
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. Audit Integrity, an independent research firm, named Tyler one of "America's 100 Most Trustworthy Companies" in April 2007. 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 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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