Tyler Technologies, Inc. (NYSE:TYL) today announced it has acquired
ExecuTime™ Software, a leading provider of time and
attendance, and advanced scheduling software solutions. ExecuTime has
approximately 200 public sector clients nationwide, including
municipalities, school districts and counties, many of which are also
Tyler clients.
ExecuTime, founded in 2007 by Kevin Malone, is based in Tulsa, Oklahoma.
ExecuTime has more than 30 employees and provides time and recordkeeping
software that complements Tyler offerings, including its suite of
enterprise resource planning (ERP) and public safety solutions.
ExecuTime will become part of Tyler's Enterprise Group, which includes
Munis®, Incode®, New World™ enterprise
resource planning (ERP), and Tyler's school and transportation solutions.
ExecuTime empowers public sector employees via self-service
functionalities while allowing supervisors to manage overtime, job
costing and labor data, thus reducing expenses. ExecuTime's time and
attendance solution helps organizations manage even the most complex
time tracking rules and pay codes and seamlessly integrates with payroll
software solutions. The advanced scheduling solution can also handle
complex scheduling of police, fire and public works departments, as well
as other shift workers.
"Kevin Malone and his team have guided ExecuTime into a leadership
position in the public sector market, and because their solutions
complement Tyler's so well, we expect this acquisition to rapidly
deliver value to Tyler clients," said Andrew D. Teed, president of
Tyler's Enterprise Group. "Tyler has a history of acquiring
best-of-breed solutions that enhance existing Tyler solutions and open
new avenues for growth. ExecuTime has been a trusted business partner
for many years, and we are eager to pursue new opportunities with Kevin
and his team now that they're part of the Tyler family."
"Joining Tyler Technologies is the culmination of a long-term
partnership, during which I saw how well-matched our companies are from
a technology innovation perspective. More importantly, we have a shared
passion for client service and employee satisfaction," said Kevin
Malone, president and founder of ExecuTime Software. "We will benefit
from Tyler's financial strength and stability, and by joining Tyler we
hope to accelerate market growth with the support of Tyler's scale,
resources and best practices that collectively will support ongoing
workforce management product innovation."
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 14,000 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 six times
on the Barron's 400 Index, a measure of the most promising companies in
America. More information about Tyler Technologies, headquartered in
Plano, Texas, can be found at www.tylertech.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160601006823/en/
Jetstream PR for Tyler Technologies
Tony Katsulos, 972-788-9456,
ext. 301
katsulos@jetstreampr.com