Tyler Technologies Lands Deal with Newport News, VA for MUNIS Financial Management Software

Tyler Technologies, Inc. (NYSE:TYL) announced today that the City of Newport News, Virginia, has signed a contract for the purchase of its MUNIS Enterprise Resource Planning (ERP) software solution. The contract, valued at nearly $2.8 million, includes a full suite of MUNIS financial and human resource applications, as well as professional services, ongoing maintenance and support. The agreement, which includes the purchase of Operating System Database Administration services, makes the City the second public sector agency in Newport News to purchase Tyler’s MUNIS financial management solution, following the public school district’s selection of the ERP solution in 2006. Newport News Public Schools has recently completed implementation of the financials product suite. Richard Peterson, Jr., president of Tyler’s MUNIS Financial Management Solutions, commented on the agreement, "Tyler Technologies has earned a reputation for providing exceptional software solutions to local government agencies throughout the United States. We’re pleased to welcome the City of Newport News to our growing client base in Virginia, and are honored that the City has selected our MUNIS system to meet its financial software needs.” According to Randy Hildebrandt, Newport News city manager, the City began planning for the replacement of its core business software in 2003. "Our committee quickly determined that while our existing systems were integrated and performing adequately, they were not providing the functionality available with modern software such as Tyler’s MUNIS solution. In addition to not being user friendly, gathering data for reporting was cumbersome and the applications lacked a Graphical User Interface. More importantly, we were very concerned about the age of our existing applications and their underlying technological base. With continued vendor support for our older software uncertain, a decision was made to seek a modern solution,” he stated. In 2007, the City began discussions with Tyler, eventually making the decision to purchase the MUNIS solution via a cooperative contract offered through the National Joint Powers Alliance (NJPA). Hildebrandt believes the implementation of Tyler’s MUNIS financial management software will be one of the most significant changes to the City’s business practices over the next ten to fifteen years. "The City has more than 1,500 employees using components of the legacy systems that MUNIS will replace—each will require training on MUNIS. Clearly, this transition will be challenging for us as an agency. However, we believe that the significant improvements we gain from MUNIS—data availability, reporting, query, functionality, and reliability—will be well worth the effort,” he explained. Newport News is home to 180,000 residents, making it the fifth largest city in Virginia and among the 125 largest cities in the nation. Settled in 1621 and located in Warwick County at the mouth of the James River, this historic city offers endless outdoor activities. 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. In April 2007, Tyler was named 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.