Dane County, Wisconsin Selects MUNIS® Software from Tyler Technologies |
Dallas, August 4, 2004 -- Tyler Technologies, Inc. (NYSE: TYL) announced today that Dane County, Wisconsin has signed a contract to purchase Tyler's MUNIS® financial, human resource and revenue management software. Tyler will also provide Dane County with implementation, training and support services. The total value of the contract is approximately $2.0 million. The County's implementation of MUNIS is expected to be complete in about 18 months.
Dane County, which has its seat in Madison, is the second largest county in Wisconsin, with a population of 445,000. The County has an annual operating budget of $400 million and has more than 2,000 employees.
Dane County embarked on a search for a new financial management information system with the objective of improving business processes to meet changing departmental needs. By replacing their existing software systems, the County sought to eliminate redundant data entry, gain the ability to provide detailed reporting, and address accounting and financial functions across multiple departments with a fully integrated system.
After performing an extensive needs analysis and ensuring that all areas of the organization were involved in the selection process, the County began their search for a new system. The comprehensive request for proposal (RFP) process included proposals from more than a dozen software vendors, including some of the world's largest enterprise application software providers. Following an extensive evaluation of the competitors, Dane County concluded that Tyler's MUNIS software was the best choice to deliver the necessary functionality, integration and technology. The County also determined that Tyler's professional staff would best provide the analysis, consulting and implementation services to ensure a successful implementation.
Charles Hicklin, Dane County's Controller, stated, "The selection committee unanimously endorsed the selection of MUNIS software based upon Tyler's dedication and experience in serving local governments. The MUNIS solution provided over 95% of the functionality specified in the RFP without modification. We were also impressed with the direct and organized ten-step implementation approach proposed by Tyler. Our departments are excited to begin the implementation so that they can begin benefiting from the new functionality that MUNIS will provide."
"Dane County's selection of our MUNIS software highlights the value that Tyler's expertise and focus bring to local government," noted John Marr, Jr., President and Chief Executive Officer of Tyler Technologies. "Tyler's singular dedication to serving the software needs of local governments gives us the depth of product and extensive domain expertise to meet the enterprise-wide needs of larger customers such as Dane County."
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. 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, the ability of the Company to successfully integrate acquisitions, 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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Aug 04, 2004 |
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