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Date Posted: 4/8/2008

City of Durham, North Carolina, Leverages Tyler Technologies Enterprise Resource Planning Solution to Win Finance Award

 
 
DALLAS--(BUSINESS WIRE)--Tyler Technologies, Inc. (NYSE: TYL - News) announced today that its client—the City of Durham, North Carolina—recently earned an award for excellence in accounting and financial management.

Durham’s Department of Finance received the North Carolina State Treasurer’s Governmental Award for Excellence in Accounting and Financial Management for its Enterprise Resource Planning (ERP) achievements. The honor aims to encourage local governments throughout the state to improve their accounting and financial management practices. The state determines awards for several categories based on population, including three for municipalities, two for counties and three for school districts. It also grants one award for special districts or public authorities.

According to Keith Hermann, interim director of the City of Durham’s Department of Finance, Tyler’s MUNIS system has enabled City employees to be more efficient and provide better customer service to Durham residents. “By receiving this prestigious award, it further illustrates to our citizens our commitment to sound financial practices and excellent stewardship of taxpayer dollars. Our ERP system from Tyler Technologies has allowed us to streamline all of our departments and functions onto one system, making us more efficient and thus more accountable to our citizens,” Hermann said.

Durham, which contracted with Tyler Technologies in June 2005, implemented a comprehensive solution from Tyler’s MUNIS financial management suite. At the time of purchase, Durham officials cited the ability of the MUNIS system to fit the City’s needs, Tyler’s strong presence in the state of North Carolina and the fact that Tyler performs its own implementations as key factors in its decision to purchase the product. The City’s implementation of Tyler’s MUNIS system, which went live on financials in July 2006, facilitated the management of financial data across departments, integrating it for easy access and reporting.

“We congratulate the City of Durham and its Finance Department for its recent recognition by the state of North Carolina. The City’s commitment and impressive progress in the area of fiscal accountability is commendable, as is its commitment to providing citizens with the highest level of service. Tyler is pleased that our MUNIS solution contributed to Durham’s success,” commented Richard Peterson, Jr., president of Tyler’s MUNIS Financial Management Solutions.

With a population of approximately 209,000, Durham is the fourth-largest city in North Carolina and is among the 100 largest cities in the United States. In addition to being known as the City of Medicine, it serves as a cornerstone of the Research Triangle region of the state and is home to both Duke University and North Carolina Central University.

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 7,000 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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