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Date Posted: 2/1/2012

Tyler Technologies Acquires Longtime Partner Akanda Innovation

Acquisition expected to enhance technology offering for Appraisal & Tax solution
DALLAS--(BUSINESS WIRE)-- Tyler Technologies, Inc. (NYSE: TYL - News) today announced that it has acquired substantially all of the assets of Akanda Innovation, Inc. of Toronto, Ontario, Canada. This acquisition is the logical next step in continuing a partnership that has been in place since 1997, when Akanda began working with Tyler’s Appraisal & Tax Division developing complementary modules to Tyler’s iasWorld®appraisal and tax software.

The Akanda team will continue to provide expertise from a wide variety of technical disciplines, including geographic information system (GIS), browser-based and workflow technologies. The assimilation of Akanda’s staff of approximately 17 professionals into Tyler Technologies is expected to occur seamlessly and without disruption of ongoing implementation projects.

“We are excited about bringing Akanda into the Tyler organization,” said Andrew D. Teed, president of Tyler’s Appraisal & Tax Division. “This acquisition will streamline and improve implementation, support and development processes between our organizations. One of the hallmarks for Tyler Technologies is excellent customer service, and this agreement continues our commitment to providing the best service possible to our clients.”

About Tyler Technologies, Inc.

Tyler Technologies (NYSE: TYL - News) is a leading provider of end-to-end information management solutions and services for local governments. Tyler partners with clients to empower the public sector — cities, counties, schools and other government entities — to become more efficient, more accessible and more responsive to the needs of citizens. Tyler’s client base includes more than 10,000 local government offices in all 50 states, Canada, the Caribbean and the United Kingdom. Forbes has named Tyler one of “America’s Best Small Companies” four times in the last five years. More information about Dallas-based Tyler Technologies can be found at


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