Tyler Technologies, Inc. (NYSE:TYL) and SAS, the leader in business intelligence software, today announced a joint agreement to add the SAS(R) Business Intelligence Platform to Tyler's MUNIS(R) software, giving the customers it serves deeper analysis and broader intelligence capabilities. Government agencies struggle to maximize limited resources and budgets while providing high-quality services efficiently and effectively to their constituents. With this new relationship, Tyler and SAS will help customers save both time and money, while increasing their efficiencies in budgeting and program management in state and local government, as well as municipalities and K-12 programs. The partnership will allow public sector agencies to statistically analyze data from a variety of sources, and then use the results to help forecast and predict the impact of potential changes. For example, personnel departments can forecast their turnover by job category and use the results to predict the impact on the organization's pension plan. Or a county can forecast its need for extra snow removal equipment, using historical data and long-range weather predictions. A school district might use MUNIS and SAS to predict monthly budget requirements for substitute teacher pay, based on an analysis of employee absenteeism for the past several years. The analysis is limited only by the type of information tracked by the public agency, regardless of whether it resides in MUNIS or in another data system. "By helping departments understand and monitor all areas of financial responsibility, Tyler and SAS are also delivering fiscal responsiveness to the taxpayers of these communities," said Tim Vickers, director of state and local government practice at SAS. "This technology provides the tangible results needed to continue the highest level of government benefits to state and local agencies. Together, we are enhancing the value that ERP systems provide by adding a layer of true enterprise intelligence so that government and education leaders can go beyond transactional capabilities to understand the past and present, and predict the future. In the end, the taxpayers reap the greatest benefits." "With nearly three decades of experience, SAS provides innovative, world-class solutions customized for state, local and federal organizations," said Tom Mazich, vice president of U.S. government operations at SAS. "The new agreement with Tyler will further our reach to more areas of the public sector and extend the SAS channel with the top ERP vendor in the space." Through the partnership agreement, Tyler will incorporate the SAS Business Intelligence Platform on top of its current MUNIS ERP system and license the bundle as one product to existing and prospective MUNIS clients. Tyler currently provides MUNIS financial, HR, revenue and productivity applications to local governments, school business offices, authorities, utilities and not-for-profit agencies. The combined power of MUNIS and SAS also enables agencies to validate financial transactions and identify anomalies that could indicate fraud, an important benefit for public officials responsible for protecting taxpayer dollars. Furthermore, the technology facilitates analysis related to activity-based costing, performance-based budgeting, CAFR (Comprehensive Annual Financial Reports) reporting and process workflow analysis. "Better intelligence based on analytical data enables government to do a better job of allocating resources to meet constituent needs," said Richard Peterson, Jr., president of Tyler's MUNIS Division. "Citizens are demanding the same integrated services from government that they receive from the private sector. SAS and Tyler can help local governments and K-12 schools transform their operations with the ability to forecast, run predictive modeling scenarios and optimize resources." About SAS SAS is the market leader in providing a new generation of business intelligence software and services that create true enterprise intelligence. SAS solutions are used at 40,000 sites - including the 15 U.S. federal departments, agencies within all 50 states and nearly 2,000 educational institutions worldwide - to develop more profitable relationships with customers and suppliers; to enable better, more accurate and informed decisions; and to drive organizations forward. SAS is the only vendor that completely integrates leading data warehousing, analytics and traditional BI applications to create intelligence from massive amounts of data. For nearly three decades, SAS has been giving customers around the world The Power to Know(R). Visit us at www.sas.com. About Tyler Technologies, Inc. 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 www.tylerworks.com. SAS and all other SAS Institute Inc. product or service names are registered trademarks or trademarks of SAS Institute Inc. in the USA and other countries. (R) indicates USA registration. Other brand and product names are trademarks of their respective companies. Copyright (C) 2005 SAS Institute Inc. Cary, NC, USA. All rights reserved. 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.
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