Tyler Technologies Signs Three-Year Application Service Provider Contract with Oregon`s Largest Fire District
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DALLAS--(Business Wire)-- Tyler Technologies, Inc. (NYSE: TYL) announced today that it has signed a three-year Application Service Provider (ASP) agreement with Tualatin Valley Fire & Rescue (TVF&R) of Aloha, Oregon, the state`s largest fire district. TVF&R serves almost half a million people in nine cities and three counties, covering 210 square miles of land. The District has 23 fire stations and 400 emergency response personnel and 100 fire prevention, training, and support staff. When fully implemented, Tyler`s MUNIS financial management solution will provide TVF&R with an integrated software system that will enhance business operations within its Finance, Payroll, Human Resources and entire Logistics Division (Supply, Fleet, Facilities, IT, and Communications). Tyler is replacing up to six independent software systems-including TVF&R`s 18-year-old financial software system-and a myriad of duplicative shadow systems. Implementation of the solution will also streamline numerous paper-based procedures that are time consuming to manage and track. The three-year contract, valued at almost $1.15 million, represents Tyler`s first with a fire protection district in Oregon. Tyler`s financial management solution was selected after an intensive RFP process and review of competitive solutions. Under the ASP contract, Tyler will host TVF&R`s MUNIS financial management applications and data at its secure facility. Additionally, Tyler will provide ongoing support, maintenance and upgrades for software, hardware and operating systems, freeing TVF&R`s information technology resources to focus on other tasks. TVF&R Chief Financial Officer Debra Guzman states, "As an agency entrusted to serve the public, it is imperative that our systems are as cost-effective, efficient and reliable as possible. We believe Tyler`s system allows us to meet current, as well as anticipated, demands." TVF&R has invested in a wide variety of software applications from Tyler`s financial management solution. These include financial and human resource applications, as well as Tyler`s Work Orders, Fleet & Facilities software. The District will enhance its reporting and document management with Tyler`s Business Objects, GASB 34 Reporter and Tyler Content Manager Limited Edition. "Tyler`s proven public sector expertise and its scalable financial management solution will provide Tualatin Valley Fire & Rescue with a software system that meets both its current and future needs," commented Richard Peterson, Jr., president of Tyler`s MUNIS Financial Management Solutions. "We understand how important TVF&R`s services are to the communities it serves and look forward to enabling it to operate with greater efficiency." TVF&R is one of only one percent of the nation`s fire departments accredited by the Commission on Fire Accreditation International (CFAI). This accreditation includes rigorous internal and external evaluations to ensure an organization is meeting internationally recognized performance standards. In 1999 and 2006, TVF&R was internationally recognized for its innovations and achievements in managing resources to reduce the loss of life and property. 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 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 two consecutive years by Forbes Magazine. 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 theforward-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 economicconditions, 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, theability 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. Tyler Technologies, Inc. Brian K. Miller, 972-713-3720 Executive Vice President - CFO brian.miller@tylertech.com Copyright Business Wire 2009
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