Tyler Technologies Wins $1.3 Million Multi-Solution Contract in North Carolina

DALLAS--(BUSINESS WIRE)--Tyler Technologies, Inc. (NYSE:TYL - News) announced today that it has reached an agreement with Onslow County, North Carolina, for the purchase of Tyler’s MUNIS financial management software and iasWorld assessment software. The contract, which is valued at approximately $1.3 million, followed an extensive procurement process by the County.

Onslow County has contracted for several of Tyler’s MUNIS revenue applications, including North Carolina Tax and Motor Vehicle Billing. Additionally, it has selected the Web-based Citizen Self Service application, which provides citizens with the ability to pay tax bills online. For assessment software, the County has chosen Tyler’s iasWorld solution, a fully integrated system that includes CAMA (Computer Aided Mass Appraisal), Assessment Administration, Inquiry & Appeals Tracking and Personal Property.

“It is crucial for Onslow County to upgrade its technology by replacing its outdated legacy system,” stated Harry G. Smith, Onslow County Tax Administrator. “We sought solutions that feature fully functional, seamless integration from assessment to collections. Tyler proved to be the provider that can do it all for us. Its solutions will enable the County to leverage the power of the Internet using Web-based collection solutions and operate more efficiently with the CAMA application for field appraisers. With Tyler’s software solutions, we expect to increase efficiency and productivity through the automation of processes.”

“Tyler has a long-standing history of providing its financial management and appraisal solutions throughout North Carolina. As a result, these Tyler software solutions are the perfect combination to meet Onslow County’s specific tax collection and assessment needs. The fact that Tyler is able to meet the County’s requirements as a single-source provider is confirmation of our reputation for providing comprehensive solutions to the public sector market,” said John S. Marr, Jr., president and CEO of Tyler Technologies.

Onslow County has a population of over 152,000 residents, making it the 10th largest county in the state of North Carolina. Founded in 1734, the county covers an area of 767 square miles. Jacksonville serves as the county seat.

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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