Tyler Technologies, Inc. (NYSE: TYL) today announced that the company
will be added to the Standard & Poor's (S&P) MidCap 400®
index, effective at the close of trading on Thursday, Dec. 4, 2014.
Currently an S&P SmallCap 600® constituent, Tyler
Technologies will be classified under the GICS (Global Industry
Classification Standard) Application Software sub-industry index.
"Our inclusion in the S&P MidCap 400 is a significant milestone for
Tyler Technologies, and we are honored to be selected to become a part
of this important index," said John S. Marr Jr., president and chief
executive officer of Tyler Technologies. "This selection by S&P
recognizes our strong growth and leading position in the public sector
software market. Our proven ability to consistently execute at a high
level drives Tyler's strong value proposition, which has helped us
develop so many lasting client relationships."
The S&P MidCap 400 is a core component of the S&P U.S. index series.
Criteria for the S&P MidCap 400 includes U.S.-based company status,
unadjusted market capitalization in the range of $1.4 billion to $5.9
billion, adequate liquidity, public float of at least 50 percent of the
stock, and financial viability.
About S&P Dow Jones Indices
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and the Dow Jones Industrial Average®, S&P Dow Jones Indices
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company, please visit www.spdji.com.
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" eight 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