TYL Tyler Technologies Corp

Tyler Technologies, Inc. (NYSE: TYL) announced today that Knox County, Tennessee has signed a $1.4 million contract for its Munis® Enterprise Resource Planning (ERP) software.

Under the agreement, Tyler will provide its integrated Munis solution, including financial and human capital management applications. Knox County has also invested in Tyler’s Content Manager Standard Edition software, part of its Document Management Solution, as well as Disaster Recovery Services. The contract includes software licenses, corresponding professional services, maintenance, and support.

“Tyler’s Munis ERP solution will provide Knox County with a truly integrated platform for planning, budgeting, financials, and human resources,” commented David Ball, IT & ERP project manager for the County. “We expect it to improve departmental access to information critical to the decision making process, bring cost of ownership in line with a tight budget and provide a more maintainable and cost effective technology platform.”

Ball explained that Knox County chose to invest in Tyler’s solution because of the tight integration between the Budget and General Ledger applications, the ability to automate position control and the overall cost of ownership. Tyler’s sole commitment to the public sector and its proven technology were also deciding factors.

“Tyler’s exclusive focus on serving the public sector and our reputation as a strong business partner place us in a unique position to provide Knox County with an outstanding customer experience,” said Richard E. Peterson, Jr., president of Tyler’s ERP & School Division. “Our integrated Munis applications and out-of-the-box workflow features will give the County the necessary tools to achieve its business goals.”

Knox County is home to 430,000 residents, making it the third largest county in Tennessee. Knoxville, which is the third largest city in the state and the county seat, recently invested in Tyler’s Incode municipal court case management solution.

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 enable the public sector–cities, counties, schools and other government entities–to become more efficient, more accessible, and more responsive to the needs of citizens. Tyler’s client base includes more than 8,000 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” for three consecutive years by Forbes Magazine. More information about Tyler Technologies can be found at a.

This document may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that are not historical in nature and typically address future or anticipated events, trends, expectations or beliefs with respect to our financial condition, results of operations or business. Forward-looking statements often contain words such as “believes,” “expects,” “anticipates,” “foresees,” “forecasts,” “estimates,” “plans,” “intends,” “continues,” “may,” “will,” “should,” “projects,” “might,” “could” or other similar words or phrases. Similarly, statements that describe our business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. We believe there is a reasonable basis for our forward-looking statements, but they are inherently subject to risks and uncertainties and actual results could differ materially from the expectations and beliefs reflected in the forward-looking statements. We presently consider the following to be among the important factors that could cause actual results to differ materially from our expectations and beliefs: (1) economic, political and market conditions, including the recent global economic and financial crisis, and the general tightening of access to debt or equity capital; (2) our ability to achieve our financial forecasts due to various factors, including project delays by our customers, reductions in transaction size, fewer transactions, delays in delivery of new products or releases or a decline in our renewal rates for service agreements; (3) changes in the budgets or regulatory environments of our customers, primarily local and state governments, that could negatively impact information technology spending; (4) technological and market risks associated with the development of new products or services or of new versions of existing or acquired products or services; (5) our ability to successfully complete acquisitions and achieve growth or operational synergies through the integration of acquired businesses, while avoiding unanticipated costs and disruptions to existing operations; (6) competition in the industry in which we conduct business and the impact of competition on pricing, customer retention and pressure for new products or services; (7) the ability to attract and retain qualified personnel and dealing with the loss or retirement of key members of management or other key personnel; and (8) costs of compliance and any failure to comply with government and stock exchange regulations. A detailed discussion of these factors and other risks that affect our business are described in our filings with the Securities and Exchange Commission, including the detailed “Risk Factors” contained in our most recent annual report on Form 10-K. We expressly disclaim any obligation to publicly update or revise our forward-looking statements.

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