Tyler Technologies Secures $6.3 Million ASP Contract with Fort Worth, Texas Schools

DALLAS--(BUSINESS WIRE)--Tyler Technologies, Inc. (NYSE:TYL - News) announced today it has signed a contract with the Fort Worth Independent School District (ISD) in Texas to provide its MUNIS financial management software solution and related professional services. The three-year Application Service Provider (ASP) agreement, which is valued at nearly $6.3 million, includes a full suite of Tyler's MUNIS financial applications, as well as human resources, revenues and integrated solutions.

Tyler's ASP option -- a software as a service model -- gives clients the freedom to focus on other internal initiatives, while Tyler manages and hosts the software and data from its secure facility in Falmouth, Maine. Application, hardware and operating system upgrades are included in the service, as are ongoing maintenance and support. The ASP solution also simplifies the budgeting process with its all-inclusive, fixed fee.

John S. Marr, Jr., president and CEO of Tyler Technologies, believes Tyler's ASP solution is a solid investment choice for the public sector market and anticipates it will continue to grow in popularity. "Tyler has gained a national reputation as a leading provider of enterprise-wide solutions for the public sector. As such, we're always pleased to offer our clients services that enable them to better serve their constituents. With our ASP model, challenges typically associated with the acquisition of a new software system, such as hosting and management, are handled by Tyler. We're especially pleased to welcome the Fort Worth Independent School District as our largest ASP client to date, and look forward to a long and successful partnership," he stated.

According to Ronald M. Wilson, Chief Financial Officer for the Fort Worth ISD, Tyler's ability to provide a comprehensive business solution was key to the District's decision to purchase the MUNIS Enterprise Resource Planning (ERP) software. "The Fort Worth Independent School District chose Tyler's MUNIS software because it provides integrated, feature-rich solutions for our Business and Human Resource areas. Additionally, the ASP option will simplify the implementation and make it easier for us to add capacity. More importantly, MUNIS will allow the Fort Worth ISD to achieve the strategic goal of increased efficiency. Improving efficiency means we can return more resources to the classroom, and improving education is really the bottom line," he explained.

The Fort Worth ISD educates approximately 80,200 students from grades pre-K through 12 at 131 schools, making it the 36th largest school district in the nation by student population. With a population of over 624,000, Fort Worth is the fifth largest city in Texas and the 19th largest in the United States.

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. 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.

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