Tyler Technologies Wins Two Financial Management Solution Clients in Midwest
24 Giugno 2008 - 2:03PM
Business Wire
Tyler Technologies, Inc. (NYSE: TYL) announced today that it has
signed agreements with the Village of Bensenville, Illinois, and
the Minnesota Historical Society (St. Paul, Minnesota) to implement
its MUNIS financial management solution. In total, the two
contracts are worth nearly $1 million. Both Bensenville and the
Minnesota Historical Society (MHS) will implement applications from
Tyler�s MUNIS financial and revenue product suites. Each client has
invested in several integrated solutions, including Tyler GoDocs,
Tyler Forms Processing, MUNIS Office, MUNIS Business Office and
Tyler Content Manager for MUNIS. Both expect to enhance the overall
approval process within their organizations using the MUNIS
system�s electronic workflow. The Village of Bensenville, which is
located in DuPage County and has a population of approximately
20,700, has contracted for Tyler�s Application Service Provider
(ASP) services. With this Software as a Service solution, Tyler
will host and manage Bensenville�s MUNIS applications and data at
Tyler�s secure facility. Additionally, Tyler will supply ongoing
support, maintenance and upgrades for software, hardware and
operating systems based on the ASP agreement. Ed Bowser, network
administrator for Bensenville, explained that Tyler�s ASP services
best fit the needs of the Village. �I am the only staff member
handling network issues. While I do my best to keep an eye on our
critical systems, projects and workflow issues consume much of my
time. With Tyler�s ASP solution in place, we feel confident that
our most critical software solution�MUNIS�will receive its due
diligence in maintenance, backups and upgrades. Having the Tyler
team in our corner is of benefit to staff at all levels. Knowing I
can concentrate on other projects to support staff and ultimately
our constituents is a major plus in both the eyes of senior staff
members and the Board,� he stated. Bowser explained that the
Village is looking forward to the integration that Tyler�s MUNIS
solution offers. �The MUNIS solution will link all data across
departments, creating an easy-to-use solution for Bensenville. In
selecting a financial management solution, we looked for ease of
use, public sector expertise and quality support. Tyler�s solution
will deliver this,� he said. The Minnesota Historical Society (MHS)
is a non-profit organization dedicated to the preservation of the
state�s rich history. In addition to software licenses, the MHS
contract includes associated professional services, maintenance and
support. The MHS has also purchased Operating System/Database
Administration services from Tyler. The MHS consists of 26 historic
sites and museums across Minnesota. Thomas Krolak, director of
finance for the MHS, believes the Society will benefit from the
integration and workflow features of Tyler�s MUNIS solution.
�Tyler�s MUNIS system offers automated online approvals and routing
for requisitions and budgets�features that are crucial to the
Minnesota Historical Society�s overall operating efficiency. The
solution also provides the enhanced electronic data
features�attachments, downloads/uploads, program integration and
data storage�that we require. We appreciate the enhanced reporting
capabilities and the ability to track projects. Tyler�s solution
will enable us to provide real-time financial information and
reporting to 26 remote sites and all program areas,� he explained.
�Tyler is pleased to welcome the Village of Bensenville and the
Minnesota Historical Society as our two newest clients in the
Midwest. Our MUNIS financial management solution will provide them
both with the ability to integrate information across all facets of
their organization, improving their overall operations. Tyler looks
forward to long-term partnerships with both Bensenville and the
Minnesota Historical Society and anticipates continued growth in
the Midwest region,� stated Richard Peterson, Jr., president of
Tyler�s MUNIS Financial Management Solutions. 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 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. 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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