Tyler Technologies Continues Growth in School Market with Two New Contracts in Texas

DALLAS--(BUSINESS WIRE)--Tyler Technologies, Inc. (NYSE: TYL - News) announced today that it has signed two new contracts to provide its MUNIS financial management solution to the Spring Branch and Humble Independent School Districts (ISD) in Texas. The software contracts, worth a combined $3.3 million, include related professional services, ongoing maintenance and support.

The Spring Branch ISD and the Humble ISD each purchased a comprehensive package of Tyler’s MUNIS financial software suite. They also selected human resource and revenue applications. Both districts will complement these selections with integrated solutions to improve productivity and reporting capabilities—in particular Tyler GASB 34 Reporter and MUNIS Business Objects.

According to Richard Peterson, Jr., president of Tyler’s MUNIS Financial Management Solutions, Tyler’s continued growth in the Texas school market reflects the company’s commitment to the region. “Tyler is dedicated to enabling school districts and other public sector agencies to meet their growing needs with our solutions. The popularity of our products continues to expand based on our reputation for providing superior software and services. Tyler’s MUNIS suite is highly scalable and has built-in reporting capabilities, making it a great fit for both the Spring Branch and Humble Independent School Districts,” he stated.

“The support offered by Tyler—and reported by its existing clients—combined with the success of other districts who have implemented the MUNIS solution factored significantly into our decision to purchase MUNIS,” said the Spring Branch ISD’s Associate Superintendent for Finance Karen Wilson. “We appreciate the solution’s flexibility and Tyler’s implementation approach, which focuses on the needs of each client rather than taking an assembly line rollout approach. Tyler’s dedication to continual product enhancement and improvement, which is a high-priority for the Spring Branch ISD, also influenced our choice.”

Located in Houston, Texas, the Spring Branch ISD educates approximately 33,000 pre-Kindergarten through grade 12 students at 46 schools and has more than 4,600 employees. The district has a total annual operating budget of approximately $250 million.

Shelley Vineyard, director of special projects for the Humble ISD, cited several factors as influencing the District’s purchase. “Tyler’s strong understanding of change management and the role it plays in a successful implementation impacted our selection of its MUNIS solution. We also like that Tyler has a large implementation staff with Project Management Institute training. Specifically, MUNIS has excellent workflow tools, strong employee self-service features and a GASB 34 Reporter Writer application that will enable the District to improve our business operations,” she explained.

The Humble ISD currently serves approximately 33,000 students from pre-Kindergarten through grade 12 in the communities of Humble, Kingwood and Atascocita, and covers 90 square miles in Harris County. The district employs 2,600 teachers and is the 35th largest district in Texas. Student enrollment is expected to reach 40,000 students by 2012. The city of Humble is located just 18 miles northeast of Houston.

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 6,000 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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