Tyler Technologies Reinforces Commitment to Expansion in Lubbock with New Development Project
12 Maggio 2008 - 2:03PM
Business Wire
Tyler Technologies, Inc. (NYSE: TYL), a leading provider of
end-to-end information management solutions and services for local
governments, announced plans for a real estate investment that will
create a major new Class A office development in Lubbock. The
company has purchased approximately seven acres of land and is set
to construct two 75,000 square-feet, three-story office buildings
at the southwest corner of Chicago Avenue and 53rd Street. Tyler�s
strong growth and success in the marketplace have led to
significant expansion of its operations in Lubbock. This
development signifies Tyler�s commitment to continued growth in the
area, as well as its commitment to provide its employees with a
state of the art working environment. �Since the early 1980�s,
Tyler Technologies� INCODE division has made a home for itself in
Lubbock and has experienced tremendous growth and success,� said
Tyler Technologies Executive Vice President Dustin R. Womble. �A
skilled and technically sophisticated workforce, strengthened by
the impressive resources available from Texas Tech University and
Lubbock Christian University, make Lubbock an attractive business
location for Tyler, and a place where we intend to continue to
expand our nationally focused operations.� Construction on the
first of the new buildings will begin in September of this year.
Tyler Technologies will consolidate its Lubbock based workforce,
which currently numbers approximately 200 employees, in the new
building from three separate facilities across the city. The
initial new building will house up to 350 employees, providing
Tyler with space to accommodate planned long-term growth. Plans for
the site include a twin second building which would be occupied by
other tenants or provide space for long term expansion by Tyler.
The design of the new office building will be reminiscent of the
architectural style of Texas Tech University�s campus and
constructed of architectural panels, masonry and glass with a clay
tile roof. The new office buildings will be the largest commercial
green buildings in Lubbock and are designed to be Leadership in
Energy and Environmental Design (LEED) certified by the U.S. Green
Building Council (USGBC), a third party participation program and
the nationally recognized benchmark for the design, construction
and operation of high performance green buildings. The buildings�
many green components will include: Integrated building energy
management system Recycled construction debris and materials
Regionally extracted and manufactured building components
Alternative refrigerants Non odorous and irritating indoor
construction materials Climate-specific, drought resistant plants
Parking for low emitting & fuel efficient vehicles Automatic,
solar powered faucets �Tyler Technologies has been an important
part of Lubbock for many years, providing local jobs and
opportunities for citizens, students and recent graduates,� said
LEDA Director of Business Retention Kenny McKay. �Companies like
Tyler Technologies recognize that an investment in Lubbock not only
makes good business sense but also helps grow a community rich in
history and technical talent.� A press conference is scheduled for
May 12 at 10:00 a.m. CDT and will be held on the 15th floor of the
Lubbock Club at the Wells Fargo Bank Building. The conference will
feature representatives from Tyler including Corporate Executive
Vice President Dustin Womble, as well as Tyler�s INCODE Division
President Brett Cate, and Vice President of Development Sandy
Peters. Kenny McKay, Director of Business Retention for LEDA will
also participate. For more information or to attend the press
conference, please contact Ashley Johnson
(Ashley@vollmerpr.com)/(972) 488-4790 at VOLLMER PR. About Tyler
Technologies 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 employs
approximately 1,800 professionals nationwide and 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. Tyler�s Lubbock-based INCODE division
develops, implements and supports a broad line of integrated
software applications which are used by local governments to manage
their daily operations. These applications span the needs of
financial management, public safety, municipal courts, public works
and building permits. 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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