Tyler Technologies to Provide Property Assessment Software and Services for Bedford County, Pennsylvania

DALLAS--(BUSINESS WIRE)--Tyler Technologies, Inc. (NYSE: TYL - News) announced today that it has been selected by Bedford County, Pennsylvania, to provide comprehensive property assessment software and reappraisal services. The agreement is valued at more than $1.9 million.

Under the contract, Tyler will perform a complete reappraisal of all 36,500 parcels of residential property in the County—the first revaluation to occur since 1957. Tyler will collect parcel data for use in assigning accurate valuations. The agreement also includes Tyler’s iasWorld software, a fully integrated solution that includes the CAMA (Computer Assisted Mass Appraisal), Assessment Administration, Inquiry & Appeals Tracking and Tax Extension applications to enable the County to effectively manage assessment data and administration.

According to Melissa Stultz, Bedford County chief assessor, there were many factors involved in the County’s selection of Tyler’s CLT Appraisal & Tax solution. “Tyler distinguished itself from other vendors we were considering through its professionalism, supportiveness in responding to our questions and availability to work with us. Tyler’s procedure for sending data mailers to property owners was also key for the County, as well as its effective method for handling informal appeals,” she stated.

Andrew D. Teed, president of Tyler’s CLT Appraisal & Tax Solutions, commented on the agreement. “Tyler’s ability to provide superior reappraisal services and assessment software has made us the leader in the industry. Our experienced staff of professionals combines with our feature-rich software to deliver an exceptional solution for Bedford County. We’re pleased to have been selected and look forward to partnering with the County to update its property valuations and improve the overall management of its assessment data,” he said.

Bedford County is located at the base of the Southern Allegheny Mountains in south central Pennsylvania, making it a convenient distance to Pittsburgh, Baltimore, Washington, D.C. and Philadelphia. The county is home to approximately 50,000 residents and covers a land area of 1,015 square miles. It is known for its rich history and covered bridges.

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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