Tyler Technologies Continues to Grow in Nationwide School District Market |
Dallas, June 6, 2005 -- Tyler Technologies, Inc. (NYSE: TYL) announced today the expansion of its presence in the K-12 schools market nationwide with the recent signing of contracts with several school districts across the country. The total value of the five new contracts for Tyler's MUNIS® financial software is approximately $2 million. Tyler's new clients include the following schools:
- Springfield (Missouri) Public Schools – 24,000 students
- Tucson (Arizona) Catalina Foothills School District 16 – 5,000 students
- Crowley (Louisiana) Acadia Parish Schools (ASP customer) – 9,600 students
- North Logan (Utah) Cache County School District – 13,000 students
- Brookfield (Wisconsin) Cooperative Educational Service Agency #1 – serves 45 public school districts
Each of the districts have contracted for a range of applications from Tyler Technologies that will enable them to conduct business more efficiently, including Financial, Human Resources, Revenues, and Productivity tools. Tyler will also provide professional services in connection with the implementation of the software, as well as ongoing maintenance and support services.
Used in approximately 400 school districts across the United States, Tyler's MUNIS software continues to grow in popularity as an increasing number of districts recognize its potential to improve the way they manage their business operations. In addition to serving a growing clientele of school districts, Tyler's MUNIS division also offers solutions for municipalities, utilities, and other local authorities.
Steve Chodes, Comptroller for Springfield Public Schools, stated that he is excited about the technology and features of the new applications from Tyler, such as the ability for employees to review their payroll information online. "The ease of using the MUNIS software should increase the number of users on the system," commented Mr. Chodes. He also noted the district looks forward to implementing the productivity tools in the MUNIS Management Portal. Essentially an Executive Information System (EIS), this application allows users to combine content from various MUNIS applications with data from the Web, Microsoft Outlook, and Crystal Reports.
After seeing extensive demonstrations of various software products and visiting other sites that have already implemented MUNIS software in their business operations, Mr. Chodes commented, "We were impressed with what we saw from Tyler." He expects that after the initial implementation is complete, the district may opt to add other MUNIS applications in the future.
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 nearly 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.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, 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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Jun 06, 2005 |
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