08.04.2009 11:33:00

Tyler Technologies Moves into the California Appraisal Software Market with Acquisition of AES

Tyler Technologies, Inc. (NYSE: TYL) today announced that it has acquired Assessment Evaluation Services, Inc. (AES) of San Diego, California. AES develops integrated property appraisal solutions and specializes in applications that deal with the unique provisions of the California Revenue and Taxation Code.

A California company since its inception in 1994, AES worked to develop software solutions through a joint effort with various county personnel that focused on the specific needs of the California assessor’s office. The company delivered a California appraisal product that was well received throughout the state. As a result, AES brings to Tyler a highly referenceable client base that includes some of the most prominent counties in the state. While the company has clients throughout the state, three of their largest counties number over a million parcels each. Significantly, AES also has a consistently high level of client satisfaction.

"We are excited to have AES join the Tyler organization,” stated Andrew D. Teed, president of Tyler's Appraisal & Tax Solutions. "I believe this acquisition will prove to be a mutually beneficial venture for both AES and Tyler. Tyler will be able to leverage our resources to provide support to AES’s product line as well as take the opportunity to expand our business in California.”

As a result of this transaction, AES can take advantage of Tyler’s operational depth. Tyler is in a position to support the technology and reputation AES has worked so hard to develop by providing operations support and products and services to augment AES’s solutions.

"The acquisition of AES by Tyler Technologies creates the largest provider of property tax software in the State of California,” explained Carmen Guido, president of AES. "Additionally, as part of Tyler Technologies, AES is positioned to bring an entire new suite of ‘California-ready’ software to all 58 counties. California counties will now have products available statewide for Assessors, Tax Collectors, and Auditors/Controllers.”

"California’s tax legislation is unique and requires innovative approaches to property valuation,” commented Michael Dwyer, chief technology officer of AES. "Tyler Technologies adds to the equation a broad base of talent and experience to help us shape the solutions for our state.”

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 8,000 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 two consecutive years by Forbes Magazine. 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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