Tyler Technologies, Inc. (NYSE: TYL) has signed a contract to work
jointly with ITIS Wescot Technology SDN (Wescot) to deliver Tyler's iasWorld®
property appraisal and tax administration software and complementary
services to the Ministry of Home Affairs, Brunei, a sovereign state
located on the north coast of the island of Borneo in Southeast Asia.
President of Tyler's Appraisal & Tax Division Andrew D. Teed. (Photo: Business Wire)
Brunei issued an opportunity to bid and received international responses
from several appraisal companies for a computer-assisted mass appraisal
(CAMA) solution to help the nation establish a modern property system
and digitize property records. Tyler was selected for its leadership
position in the industry based on more than 75 years of experience and
the broad scope of iasWorld's CAMA functionality.
Tyler's iasWorld Web-based, GIS-enabled CAMA solution includes
applications for property value estimates, inquiries and appeal tracking
and field management for project planning and task assignments. As part
of the agreement, Tyler will provide staff onsite during implementation,
which is scheduled to begin in March. Tyler will work with Brunei
contractor Wescot Technology and will provide day-to-day delivery and
support of iasWorld, as well as overall project management services.
"iasWorld is a highly configurable and modern property assessment and
tax administration system that has been implemented in jurisdictions
across the U.S. and internationally," said Andrew D. Teed, president of
Tyler's Appraisal & Tax Division. "We are confident that we can help
Brunei achieve their goals of implementing a robust solution that will
adapt to their changing needs."
Brunei has approximately 451,000 residents and 70,000 known taxable real
estate parcels.
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.
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20140219005494/en/
Jetstream PR for Tyler Technologies
Tony Katsulos, 972-788-9456,
ext. 301
katsulos@jetstreampr.com