Tyler Technologies Unit Awarded Contract for Financial Management System For City of Seaside, California |
DALLAS, April 11 -- Tyler Technologies, Inc. (NYSE: TYL) announced today that its INCODE unit has entered into a contract to provide its InVision integrated suite of financial, human resources and utilities software applications and related services to the city of Seaside, California. The contract represents the first installation of InVision in the California municipal government market, one that the Company had identified as a target for expansion in 2001. Seaside is located on the Monterrey Peninsula and has a population of nearly 40,000.
InVision is Tyler Technologies' new Windows-based suite of applications for medium-sized municipal and county governments. InVision is supported on Windows NT, Windows 2000 and Novell networks. The InVision suite includes Financials, Payroll and Personnel, Utility Customer Information System, Code Enforcement and Municipal Court applications.
"We expect that the successful implementation of our new InVision product in Seaside will open the door to many new opportunities in the State of California," said Steve Nieman, President of Tyler's INCODE division. "We have already proven our ability to quickly establish a presence in new geographic areas, leverage our high level of customer satisfaction and gain market share."
Seaside Finance Director Paul Wood cited the reporting flexibility and architectural stability of InVision as a key to the City's selection of the software. "The reporting capabilities provide a great deal of flexibility when analyzing data," commented Mr. Wood. "With an ODBC interface and links to MS Excel, Access and other third party software applications, we will immediately be able to do much more with our data, in a timely fashion. Tyler is also developing future applications to port data to data warehouses and support data mining applications. This direction is consistent with Seaside's long-range information technology plan."
Seaside City Manager Daniel E. Keen called the implementation of InVision a necessary, logical step in Seaside's information technology development. Mr. Keen said, "With InVision, we're leaping forward, out of the DOS-based world and into the Windows environment. The stability and reputation of Tyler's products, along with the incorporation of document imaging and Internet integration, were important factors in our decision. The imaging and digital storage of citywide documents will free up space and resources and provide easier access to city records for the public. In the future, the Web- enabling of utility bill payments and the integration of the financial system into the City's Web site will give citizens even greater access to City Hall."
Based in Dallas, Tyler Technologies is a leading provider of end-to-end information management solutions and e-government 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 in 49 states, Canada and Puerto Rico. More information about Tyler Technologies can be found on the World Wide Web at www.tylertechnologies.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.
SOURCE Tyler Technologies, Inc.
CONTACT: Brian K. Miller, Vice President - Finance of Tyler Technologies, Inc., 214-902-5080, or bmiller@tylertechnologies.com/
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Apr 11, 2001 |
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