TYL Tyler Technologies Corp

DALLAS, March 23 /PRNewswire-FirstCall/ -- Tyler Technologies, Inc. (NYSE:TYL) announced today that it has signed a contract to license its Odyssey court administration software to the Texas Conference of Urban Counties. The contract includes a software license fee of $12.4 million, the largest in the Company's history, which is payable to Tyler over three years. The Texas Conference of Urban Counties (Urban Counties) is a non-profit organization composed of 34 member counties. Member counties represent nearly 80 percent of the population of Texas. The Urban Counties supports and coordinates communications among member counties, studies policies and programs of the State of Texas that affect urban counties, advocates county issues, primarily at the state level, and provides training and educational programs appropriate for urban county officials. All services and activities are pursued for the benefit of the people of Texas. Odyssey is Tyler's new generation Web-based courts and justice solution for the state and local government market. Under this contract, existing Urban Counties members will each have the right to adopt Tyler's Odyssey Courts and Odyssey Prosecutor software applications. Professional fees for implementation services, modifications and enhancements, as well as maintenance fees, will be paid by the counties to Tyler as they individually adopt the software. The agreement also gives Urban Counties members that adopt the court administration system access to other applications in Tyler's Odyssey suite of applications, such as Sheriff, Jail Management and Hot Checks. Counties that implement other applications will pay additional license, implementation and maintenance fees for those products. "We are extremely pleased that the Texas Conference of Urban Counties has chosen our Odyssey court administration system as the standard for its member counties, which include the largest counties in the state," commented Glenn Smith, Executive Vice President of Tyler Technologies. "This contract represents by far the largest software license fee in Tyler's history," continued Mr. Smith. "While the total value of the Urban Counties arrangement will depend on the number of counties that ultimately adopt Odyssey, we believe that the Urban Counties relationship could generate total revenues for Tyler of between $35 million and $40 million over the next few years. Following the Odyssey contracts signed in the second half of 2005 with two of the nation's ten largest counties -- Miami-Dade County, Florida and Clark County, Nevada -- this contract adds significantly to the momentum we have built in the courts and justice software market." Donald Lee, Executive Director of the Texas Conference of Urban Counties, stated, "Saving taxpayers money is what the Urban Counties is all about. Our TechShare program is about saving money through collaboration. This agreement with Tyler, through TechShare, gives our member counties access to state-of- the-art software selected through a fair, open and competitive process." 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 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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