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Date Posted: 5/7/2008

Tyler Technologies Signs Two Contracts for Financial Management Solution in California

 
 
DALLAS--(BUSINESS WIRE)--Tyler Technologies, Inc. (NYSE: TYL - News) announced today that it has signed contracts with two California municipalities—the City of Orange and the Town of Apple Valley—to provide Tyler’s EDEN financial management solution. The agreements, which have a combined total of more than $1.3 million, include software licenses, as well as corresponding professional services, maintenance and support.

Both Orange and Apple Valley purchased a variety of Enterprise Resource Planning (ERP) applications from Tyler’s EDEN financial and human resource product suites. These cities will also take advantage of the Tyler GASB 34 Report Writer to enrich their reporting capabilities. Additionally, Orange has purchased Web extensions for several applications, enabling citizens and vendors to perform business transactions online.

According to Jeff Green, president of Tyler’s EDEN Financial Management Solutions, these latest contracts are the result of Tyler’s commitment to serving public sector agencies. “Tyler is dedicated to providing flexible ERP solutions to local government agencies nationwide. Our EDEN solution offers exceptional functionality, enabling clients such as Orange and Apple Valley to enhance service to citizens. Tyler’s EDEN system has a significant user base in California—one that we are confident will continue to grow.”

Located 32 miles southeast of Los Angeles in central Orange County, Orange is home to 138,640 residents. The city, which was incorporated in 1888, celebrates its 120th anniversary this year. Orange is recognized for its historic charm, as well as its plentiful shopping and dining.

Apple Valley lies in the Victor Valley of San Bernardino County and has a population of 71,985. This “High Desert” community sits at an elevation of 3,000 feet. It is a convenient 80 miles northeast of Los Angeles, 150 miles north of San Diego and 190 miles from Las Vegas. On average, the town enjoys 350 days of sunshine per year.

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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