04.03.2010 12:33:00
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Tyler Technologies Signs ERP Software Contract with Award-Winning Parkway School District of Missouri
Tyler Technologies, Inc. (NYSE: TYL) announced today that the Parkway Board of Education, representing one of the largest school districts in St. Louis County and Missouri, has signed a contract to invest in Tyler’s Munis® Enterprise Resource Planning (ERP) solution, part of Tyler’s complete School Solution. In addition to software licenses, the agreement includes related professional services, maintenance and support.
Parkway School District is already using Tyler’s Versatrans software for its student transportation needs. The District will expand its relationship with Tyler to use a variety of products from Tyler’s Munis suite, including financials, human capital and content management to enhance business operations. Additionally, Tyler will provide Operating System/Database Administration services.
"We have a unique vision of a fully-integrated, district-wide school solution, and this is just one example of a district finding value with multiple Tyler products,” explained Richard E. Peterson, Jr., president of Tyler’s ERP & School Division. "Coupled with our domain expertise, Tyler has an insider’s understanding of the school market—how schools operate and what they need to work most effectively. Our Munis solution will fulfill the Parkway School District’s need for having the latest data available to make crucial business decisions.”
"From a technology standpoint, Munis will replace legacy systems and provide the Parkway School District with an efficient Web-based application,” stated Jerry Jackson, technology project manager for the District. "The finance applications will provide superior analytical tools that will give the District easier access to data and improve our ability to manage day to day financial operations. The HR modules will provide a more efficient interface between HR, finance, benefits, and payroll, giving us the ability to track applicants from their initial contact with the District through the entire employment process.”
Parkway School District is located in west St. Louis County and educates more than 18,000 students at 29 sites, making it one of the largest districts in St. Louis County and in all of Missouri. The District has earned 14 Blue Ribbon Awards for Excellence in Education from the U.S. Department of Education as well as 17 Gold Star Awards in Missouri.
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 9,000 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 www.tylertech.com.
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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