DALLAS, Aug. 4 /PRNewswire-FirstCall/ -- Tyler Technologies, Inc.
(NYSE: TYL) announced today that Dane County, Wisconsin has signed a contract
to purchase Tyler's MUNIS(R) financial, human resource and revenue management
software. Tyler will also provide Dane County with implementation, training
and support services. The total value of the contract is approximately
$2.0 million. The County's implementation of MUNIS is expected to be complete
in about 18 months.
Dane County, which has its seat in Madison, is the second largest county
in Wisconsin, with a population of 445,000. The County has an annual
operating budget of $400 million and has more than 2,000 employees.
Dane County embarked on a search for a new financial management
information system with the objective of improving business processes to meet
changing departmental needs. By replacing their existing software systems,
the County sought to eliminate redundant data entry, gain the ability to
provide detailed reporting, and address accounting and financial functions
across multiple departments with a fully integrated system.
After performing an extensive needs analysis and ensuring that all areas
of the organization were involved in the selection process, the County began
their search for a new system. The comprehensive request for proposal (RFP)
process included proposals from more than a dozen software vendors, including
some of the world's largest enterprise application software providers.
Following an extensive evaluation of the competitors, Dane County concluded
that Tyler's MUNIS software was the best choice to deliver the necessary
functionality, integration and technology. The County also determined that
Tyler's professional staff would best provide the analysis, consulting and
implementation services to ensure a successful implementation.
Charles Hicklin, Dane County's Controller, stated, "The selection
committee unanimously endorsed the selection of MUNIS software based upon
Tyler's dedication and experience in serving local governments. The MUNIS
solution provided over 95% of the functionality specified in the RFP without
modification. We were also impressed with the direct and organized ten-step
implementation approach proposed by Tyler. Our departments are excited to
begin the implementation so that they can begin benefiting from the new
functionality that MUNIS will provide."
"Dane County's selection of our MUNIS software highlights the value that
Tyler's expertise and focus bring to local government," noted John Marr, Jr.,
President and Chief Executive Officer of Tyler Technologies. "Tyler's
singular dedication to serving the software needs of local governments gives
us the depth of product and extensive domain expertise to meet the enterprise-
wide needs of larger customers such as Dane County."
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. More information about Tyler
Technologies can be found at http://www.tylerworks.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, the ability of the
Company to successfully integrate acquisitions, 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.
SOURCE Tyler Technologies, Inc.
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http://www.tylerworks.com
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CONTACT:
Brian K. Miller, Vice President - Finance of
Tyler Technologies, Inc., +1-972-713-3720, or
bmiller@tylerworks.com
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