Dallas, September 4, 2008 -- Tyler Technologies, Inc. (NYSE: TYL) announced today that it has signed an agreement with Ashtabula County, Ohio, to provide Tyler's property tax software. The contract includes software licenses, corresponding professional services and maintenance.
Under the agreement, Ashtabula County will implement Tyler's iasWorld software, an integrated, Web-based solution for the administration and management of valuation data. The contract includes a variety of modules, including CAMA (Computer Assisted Mass Appraisal), Assessment Administration, Tax Billing & Collection, Delinquent Tax, Inquiry & Appeals Tracking, Manufactured Homes, Conveyance, iEnable, iMaintain, iCare, iAnalyze, iRespond and iDoc.
Andrew D. Teed, president of Tyler's CLT Appraisal & Tax Solutions commented on the recent agreement. "Tyler's assessment software solution offers outstanding technology, features and functionality—all of which make it a great choice for Ashtabula County. Likewise, our seasoned staff of professionals is adept at guiding clients through implementation of our software. We're excited about this new alliance and look forward to serving Ashtabula County."
Ashtabula County Deputy Auditor/Real Estate Manager Dennis DeCamillo said the County was both pleased with the exceptional features of Tyler's assessment software solution and its value. "We truly felt the package offered the premium features and fully expected a premium price. It turned out that it was actually less expensive than some systems when considering the total cost of ownership."
DeCamillo explained that Ashtabula County carried out an extensive procurement process—one that factored in the opinions of auditors, IT staff, clerks and a variety of other County personnel. "In the end Tyler's assessment system had the clear advantage for reliability and service. I am convinced that we will be able to generate values, issue tax bills, collect and settle and create any report that we need at any time."
Additionally, DeCamillo pointed to the fact that Tyler's assessment software is incredibly feature rich. "The built-in tools for analysis and productivity surpass those of other systems. In particular, the GIS tool is loaded with interactive features. We also like that any property characteristic can be searched, with the resultant list assignable to staff. Another great feature is correspondence tracking, which will ultimately enhance the level of communications within the office and with our constituents."
Ashtabula County is located in the northeastern corner of Ohio and is home to approximately 103,000 residents. Known for its covered bridges and wineries, the County spreads across over 700 square miles, making it the largest by land area in the state.
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" 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 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.
Contact: Brian K. Miller
Executive Vice President - CFO
Tyler Technologies, Inc.
brian.miller@tylertech.com
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