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Tyler Technologies, Inc. (NYSE: TYL) is a prominent provider of comprehensive information management solutions tailored for local government entities. Established in Plano, Texas, Tyler Technologies is on a mission to enhance the efficiency, accessibility, and responsiveness of public sector organizations, including cities, counties, schools, and courts.
With a client base that spans over 14,000 local government offices across all 50 states, Canada, the Caribbean, the United Kingdom, and other international locations, Tyler Technologies is at the forefront of empowering public administration. The company’s flagship products include:
- Munis: Tyler’s core Enterprise Resource Planning (ERP) system designed to integrate various administrative operations and enhance financial management.
- Odyssey: A robust Court Management System (CMS) that streamlines judicial processes and improves case management efficiency.
- Payments: A versatile platform facilitating seamless financial transactions and payment processing.
Beyond these core offerings, Tyler Technologies provides a diverse array of add-on modules and outsourced services, such as property tax assessment, to meet the unique needs of its clients. The company's dedication to innovation and consistent performance has earned it a spot on Forbes' list of “America’s Best Small Companies” eight times and inclusion in the Barron's 400 Index, recognizing the most promising companies in America, six times.
Tyler Technologies continues to drive advancements in public sector software, forming strategic partnerships and undertaking significant projects to modernize government operations. The company's solutions are designed to foster transparency, improve citizen engagement, and support the evolving demands of governmental bodies. For the latest updates, financial performance, and news about Tyler Technologies, visit their official website at www.tylertech.com.
Tyler Technologies and NIC Inc. have announced a definitive agreement for Tyler to acquire all outstanding shares of NIC in a cash transaction valued at approximately $2.3 billion. This acquisition aims to enhance Tyler's digital service offerings and expand its market presence. The deal is expected to accelerate Tyler's growth in delivering technology solutions to government entities, leveraging NIC's existing platforms. The acquisition is anticipated to close in the second quarter of 2021, subject to regulatory approvals and customary closing conditions.
Tyler Technologies (NYSE: TYL) announced the creation of a Corporate Operations team to advance its cloud strategy, enhancing support for public sector clients transitioning to cloud solutions. The team, led by COO Jeff Puckett, will focus on cloud operations, corporate development, and information security. Key initiatives include driving cloud adoption, developing migration plans for clients, and managing cloud-focused projects. This move aligns with growing demand for cloud services among government agencies, especially post-pandemic, emphasizing efficient operations and secure service delivery.
Tyler Technologies (NYSE: TYL) announced that the Brownsville and Laredo Police Departments in Texas have chosen Tyler’s New World public safety solutions and Socrata data platform to enhance data-driven policing. The Brownsville Police Department is replacing a legacy system with Tyler’s advanced analytics technology, aimed at improving resource management and inter-agency communication. Laredo Police will also utilize these solutions, along with the Brazos eCitation system, to improve transparency and efficiency. These collaborations signify Tyler's commitment to public safety technology across Texas.
Tyler Technologies, Inc. (NYSE: TYL) will present its fourth quarter 2020 results via a conference call on February 11, 2021, at 10 a.m. ET. Hosted by CEO H. Lynn Moore Jr. and CFO Brian K. Miller, the results will be disclosed following market close on February 10, 2021. Interested participants can pre-register for the call or join via direct dial. A replay will be accessible until February 18, 2021. Tyler Technologies provides integrated software for public sector clients, with over 27,000 installations globally.
Tyler Technologies (NYSE: TYL) has secured a $98 million agreement with the Texas Office of Court Administration to extend the eFileTexas electronic filing solution through August 2027. This partnership aims to enhance e-filing capabilities across Texas's 254 counties, with options for further extensions. The upgraded system will introduce advanced administrative tools and reporting functionalities, building on a successful history that includes the first statewide civil e-filing launch in the U.S. in 2015. The eFileTexas platform boasts over 425,000 users and has saved 420 million pages of paper.
Tyler Technologies (NYSE: TYL) has secured a $17.9 million agreement with Jackson County, Missouri, to provide CLT Appraisal Services and its iasWorld CAMA software. The initiative involves a complete reappraisal of all county properties over the next two years. The county chose Tyler’s solution for its user-friendliness and strong track record. Tyler’s specialized team will conduct thorough inspections and data collection to ensure accurate property evaluations.
Tyler Technologies (NYSE: TYL) has successfully launched its Odyssey File & Serve solution, eFileMaine, for the Maine Judicial Branch (MJB), enabling electronic court case filings. This initiative facilitates e-filing across various courts in Maine, improving efficiency and reducing costs. With over 2 million registered users, Tyler's solution processes more than 45 million filings annually. MJB's adoption of this system makes Maine the 16th state to implement Odyssey File & Serve, showcasing Tyler's significant role in modernizing judicial processes.
Tyler Technologies, Inc. (NYSE: TYL) will attend the 23rd Annual Needham Virtual Growth Conference on January 11-12, 2021. Executive Vice President and CFO Brian Miller, along with Chief Accounting Officer Michael Smith, will conduct one-on-one virtual meetings on these dates. Additionally, Miller will participate in a fireside chat on January 12 at 9:15 a.m. ET. Investors can access the live webcast of this discussion at investors.tylertech.com. Tyler provides software solutions for public sectors globally, with over 26,000 installations across various regions.
Tyler Technologies (NYSE: TYL) has secured a contract with Akron Municipal Court in Ohio to implement its Odyssey court case management suite. This upgrade aims to replace an outdated 1987 legacy system, enhancing operational efficiency and access to justice. The Odyssey suite will facilitate approximately 44,000 annual cases through features such as document creation, case tracking, and automated processes. This marks the fifth Ohio court to adopt Tyler’s Odyssey, reflecting its proven effectiveness in modernizing court operations.
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