Tyler Technologies, Inc. (NYSE: TYL) today announced that it has
acquired SoftCode, a company specializing in software for managing civil
processes. SoftCode was founded in 1991 and is headquartered in
Marlborough, Massachusetts.
SoftCode serves county sheriff departments and offers a complete civil
case management solution, from court to service attempts to final
execution of payments. With this acquisition, Tyler broadens its
portfolio of courts and justice solutions by complementing its Odyssey®
product suite.
"We are pleased to add SoftCode's offerings to Tyler's portfolio and as
SoftCode becomes a part of the Courts & Justice Division, we expect that
Odyssey users will gain access to sophisticated civil service
capabilities in a seamless and integrated way," said Bruce Graham,
president of Tyler's Courts & Justice Division. "SoftCode is a civil
software market leader with whom we share many similar clients. We look
forward to a long partnership with the new jurisdictions joining the
Tyler family."
SoftCode's founding partners, management and employees will all join
Tyler's Courts & Justice division. During the coming months, SoftCode's
technology and services offerings will be integrated into Tyler
operations and branding.
"This is an amazing opportunity for our SoftCode team to join a company
that has similar values and goals," said Steve Magoun, chief executive
officer at SoftCode. "Tyler Technologies brings our employees and
clients the stability that comes with a large, well-established company
like Tyler while maintaining our small-company agility and
responsiveness. We look forward to being a part of Tyler's software
solutions."
About Tyler Technologies, Inc.
Tyler Technologies (NYSE: TYL) is a leading provider of end-to-end
information management solutions and services for local governments.
Tyler partners with clients to empower 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 11,000 local government offices
in all 50 states, Canada, the Caribbean, the United Kingdom and other
international locations. Forbes has named Tyler one of "America's Best
Small Companies" seven times and the company has been included four
times on the Barron's 400 Index, a measure of the most promising
companies in America. More information about Plano-based Tyler
Technologies can be found at www.tylertech.com.
Jetstream PR for Tyler Technologies
Tony Katsulos, 972-788-9456,
ext. 301
katsulos@jetstreampr.com