Tyler Technologies, Inc. (NYSE: TYL) announced today that it has signed
a contract to provide its financial management and property tax
assessment solutions to Archuleta County, Colorado. The agreement, which
is funded in part by a grant from the Colorado Department of Local
Affairs and 1A Funds, includes software licenses, related professional
services, ongoing maintenance and support.
Archuleta County will implement Tyler’s Eagle
Assessor, Appraiser and Treasurer applications to manage assessment
administration, tax billing and collection. The County has chosen to
invest in Disaster Recovery services whereby Tyler will transparently
retrieve a copy of the County’s assessment
system data nightly, hosting it at Tyler’s
secure facility. Should Archuleta County experience system failure, Tyler’s
services will enable it to get these critical processes running within
hours.
Archuleta County will also deploy a comprehensive suite of Tyler’s
INCODE financial and human resource software applications. Additionally,
Archuleta County has purchased Tyler’s Student
Center, a subscription-based service that will allow County staff
unlimited access to all training features, including online self-study
courses and Webinars.
“Archuleta County’s
investment in Tyler’s financial management and
assessment software solutions is a prime example of our ability to serve
as a single source provider of a broad range of information management
solutions for local governments. Our software will facilitate the
sharing of data across County offices, bringing greater efficiency and
effectiveness to daily operations. We’re
pleased that Archuleta County has joined the growing list of clients who
have recognized the depth of our expertise by choosing to invest in
multiple Tyler systems,” stated John S. Marr,
Jr., president and chief executive officer of Tyler Technologies.
Karin Kohake, special projects manager for Archuleta County, said the
intention of the County’s Integrated Software
Project was to upgrade technology within the County’s
Assessor, Treasurer, Finance, GIS and IT offices, enabling data from
these offices to integrate with other County offices. “The
most critical technical need for Archuleta County is to replace the
antiquated software systems currently used by our Assessor’s
and Treasurer’s offices, while linking the
new systems to the Finance office,” she
explained.
“Archuleta County voters overwhelmingly
approved the use of 1A funds for this software upgrade. It’s
clear they understood the new technology would save taxpayer dollars by
reducing redundancy, improving effectiveness and providing access to
pertinent, useful and important information—all
benefits the County will reap by implementing Tyler’s
solutions. This software will facilitate the sharing of information
between departments, leading to superior efficiency and improved
accuracy for County offices. We’re excited to
fully deploy Tyler’s solutions and to gain
the ability to offer residents access to the most current information
possible,” Kohake stated.
Archuleta County is home to approximately 12,000 residents and covers
1,350 square miles. Pagosa Springs is the county seat.
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 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.