Tyler Technologies, Inc. (NYSE: TYL) announced today that the City of Chino, California has signed a contract for the purchase of Tyler’s MUNIS financial management solution. As part of the agreement, Tyler will also provide the City with associated professional services, ongoing maintenance and support.
Chino elected to purchase a number of applications from Tyler’s MUNIS financial, revenue and human resource suite of products. This investment will improve Chino’s reporting capabilities by employing MUNIS Business Objects and Tyler’s GASB 34 Reporter, as well as enhance its management of job orders and vehicular fleets with the Work Orders, Fleet & Facilities module. The City has also selected Tyler Content Manager to manage data specific to its MUNIS applications.
Patrick Griffin, assistant city manager for Chino, explained that the City is looking to upgrade to a modern Enterprise Resource Planning (ERP) solution. “Our current system uses antiquated technology, is not user friendly and does not offer the customization the City of Chino requires to boost its operational efficiencies. Tyler’s MUNIS solution is versatile and user friendly. It will allow our users to query data and sort in a customizable format. We like that Tyler has a proven track record at similar agencies in our region. We also appreciate that we will be part of a very active MUNIS user group with quarterly meetings and regular sharing of knowledge,” he stated.
Griffin noted that the City has also invested in Tyler’s Consulting Group services. “We have invested in a Business Process Review by Tyler’s experts in order to evaluate our current business practices and to assist us in adopting Best Business Practices. In doing so, we will draw upon Tyler’s many years of experience implementing ERP systems at public sector agencies and increase the level of efficiencies for Chino users and departments alike,” he added.
According to Richard Peterson, Jr., president of Tyler’s MUNIS Financial Management Solutions, the agreement is confirmation of the solution’s steady growth in the state of California. “Tyler’s MUNIS solution has established a reputation as a flexible ERP system that is fully capable of meeting the specific needs of local government agencies such as Chino. This latest contract reflects our commitment to the California market, where we anticipate continued growth and look forward to not only serving the City of Chino, but similar communities throughout the state,” he said.
Located at the base of the San Gabriel Valley Mountains in San Bernardino County, Chino has a population of approximately 76,000. It’s known for its cultural diversity and strong agricultural history. The city, which was incorporated in 1910, is 35 miles east of Los Angeles and within 30 minutes of more than 20 institutions for higher learning.
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 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.
Brian K. Miller, 972-713-3720
Executive Vice President - CFO