TYL Tyler Technologies Corp

DALLAS, Feb. 28 /PRNewswire-FirstCall/ -- Tyler Technologies, Inc. (NYSE:TYL) today announced that the City of Richmond, Virginia, has contracted to purchase Tyler's MUNIS(R) software applications and professional services. The contract includes a range of Revenue and Productivity applications designed to improve business operations for the City. Tyler will also provide annual maintenance and support services to the City. Richmond joins a growing number of Tyler customers in the state of Virginia who have chosen MUNIS Tax/Revenue software to improve their financial management system. "Tyler is committed to expansion in the state of Virginia and is pleased to welcome a city of Richmond's size to our growing list of customers in the region," commented Richard Peterson, Jr., president of Tyler's MUNIS division. "Our software solution will provide the City with the tools it requires to modernize its revenue system and better serve its citizens," he stated. The tightly integrated revenue system in Tyler's MUNIS financial software was a key factor in Richmond's decision. "MUNIS provides a single-solution integrated revenue administration system that utilizes state-of-the-art technology and provides the highest level of customer service to our citizens with e-commerce solutions," explained Harry E. Black, the City of Richmond's Chief Financial Officer. "Tyler's commitment to ongoing development and enhancement of its products is in congruence with City initiatives to replace its existing mainframe legacy systems with a real-time relational database solution," he said. According to Mr. Black, Tyler's MUNIS Self Service applications will enable the City to significantly improve customer service. The Web-based system improves citizen access to information, as well as provides online services to citizens. Through these services the City will expand business hours without actually extending its hours of operation. Mr. Black expects implementation of the MUNIS solution to have a significant effect on business operations for the City. "The MUNIS product will encompass all business processes associated with assessment, billing and collection of taxes, fines, and fees levied by the City of Richmond, providing a total integrated tax solution," he said. "With its robust reporting capabilities, employees will have quick access to data for executive and citizen distribution," he noted. Richmond has a population of approximately 200,000 and ranks as the third- largest city in Virginia and the 109th largest city in the nation. The capital of Virginia, Richmond lies in the central region of the state between the Blue Ridge Mountains and the Atlantic coast. The area is home to a variety of industries from banking and financial services to healthcare and tobacco manufacturing. Richmond is rich in history and frequently ranks as one of the best places to live and work in the United States. Through its fully integrated software and services, Tyler has established itself as a leader in the ERP software market. With a diverse customer base throughout the United States that includes cities, counties, schools, utilities and other local authorities, Tyler provides the local government sector with turnkey financial software solutions. Based in Dallas, Tyler Technologies is a leading provider of end-to-end information management solutions and services to 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 nearly 6,000 local government offices throughout all 50 states, Canada, Puerto Rico and the United Kingdom. Forbes Magazine named Tyler one of the "200 Best Small Companies" in America in 2004. 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, 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. http://www.newscom.com/cgi-bin/prnh/20020416/TYLLOGO http://photoarchive.ap.org/ DATASOURCE: Tyler Technologies, Inc. CONTACT: Brian K. Miller, Senior Vice President - CFO of Tyler Technologies, Inc., +1-972-713-3720, or Web site: http://www.tylerworks.com/

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