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MANA Manatron (MM)

11.98
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Manatron (MM) NASDAQ:MANA NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 11.98 0 01:00:00

Manatron Announces a $1.3 Million Contract With Beaufort County, South Carolina for Its GRM(R) Suite of Property Management Soft

14/03/2007 1:30pm

PR Newswire (US)


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Fourth GRM Contract Win in South Carolina KALAMAZOO, Mich., March 14 /PRNewswire-FirstCall/ -- Manatron, Inc. (NASDAQ:MANA) a leading provider of property tax solutions for state and local governments announced that it has received a contract totaling $1.3 million from Beaufort County, South Carolina for its GRM(R) suite of Property Management software, related professional services and the first year of annual software maintenance. This project includes integration to critical County business processes, such as GIS, permitting and work order management. Beaufort County is the fourth county in the State of South Carolina to contract with Manatron for its GRM software in the last thirteen months. Beaufort County is the fastest growing county in South Carolina, stretching 30 miles along the Atlantic Ocean on its eastern side. They are one of 46 counties in the state of South Carolina with an estimated population of 150,000 and approximately 120,000 parcels of property, all of which will be managed by Manatron's GRM solution. Frank Guth, Beaufort County's Chief Information Officer, said he was "extremely pleased" with the quality of the Manatron presentations. "The demonstrations of Manatron's CAMA (Computer Assisted Mass Appraisal), tax billing and collection and assessment administration products were impressive. In addition, the capabilities of the Manatron business license application will allow the county to migrate its business license program which will facilitate improved compliance with the county's business license ordinance." Ed Hughes, Beaufort County Assessor added, "The Manatron GRM solution was the overwhelming choice of the Assessor's office staff in that it meets the mass appraisal and tax administration requirements needed for Beaufort County -- a unique and complex coastal real estate market." "We are pleased to announce another GRM contract win and the addition of a significant new client," said Paul Sylvester, Manatron's Chief Executive Officer. "Beaufort County is highly visible and one of the more forward thinking counties in the country. Their selection of Manatron's integrated Property Tax and CAMA solution, following a rigorous and competitive RFP process is a testament to the depth and value-add of our company. As market activity for legacy system upgrades continues to increase, we are well positioned to further penetrate our core markets, open new states such as South Carolina with our new GRM solution, and to solidify our leadership position in this market." "This contract when combined with our recent awards in Horry County, Oconee County and Orangeburg County has given us a very nice GRM footprint in South Carolina and represents continued execution of our strategic plan," said Bill McKinzie, Manatron's President and Chief Operating Officer. "As a result of the solid progress we have made with our GRM product during the last year, we are anticipating minimal incremental development work to fulfill this contract and expect to build even more momentum in the South Carolina market following the successful completion of this project." About Manatron, Inc.: Manatron is primarily focused on providing software and services to enable state and local governments in North America to completely, fairly and efficiently assess real and personal property, and to bill and collect the related property taxes in their jurisdictions. The Company's software manages the entire property life cycle, which includes deed recording, land records, GIS (Geographic Information System) integration, valuation, assessment administration, personal property, business licenses, cashiering, tax billing and collection, delinquents and tax sales, and e-government. Manatron's revenues are primarily generated from software license fees, software maintenance fees, professional services, and sales of hardware, forms and supplies. Professional services consist of data conversions, installation, training, project management, hardware maintenance, forms processing and printing, consulting and appraisal services. Manatron is headquartered in Portage, Michigan and has offices in Florida, Georgia, Illinois, Indiana, Minnesota, Ohio, Pennsylvania, Tennessee and Washington. Manatron currently serves approximately 1,300 customers in 30 states and two Canadian territories. Information about Manatron, Inc. is available at the Company's site on the World Wide Web at http://www.manatron.com/. About GRM: GRM is Manatron's fully integrated property management suite of software designed to manage and support the entire property life cycle, which includes deed recording, land records, GIS (Geographic Information System) integration, valuation, assessment administration, personal property, business licenses, cashiering, tax billing and collection, delinquents and tax sales, and e-government. Manatron GRM automates the operational, information and planning needs for Assessors, Auditors, Treasurers, Tax Collectors, Recorders and other state and local governmental officials so that they can completely, fairly and efficiently assess real and personal property and bill and collect the related property taxes in their jurisdictions. More on this product is available at http://www.manatron.com/solutions/GRM.aspx. About Beaufort County, South Carolina: Beaufort County, created in 1785, is the fastest growing county in South Carolina, stretching 30 miles along the Atlantic Ocean on its eastern side. It covers 587 square miles, including 64 major islands and thousands of small islands in the state's southeastern corner. Beaufort County is bordered to the west by Jasper County and to the north by Hampton and Colleton Counties. The entire county is referred to as South Carolina's Treasured Coast for its rich history, heritage, arts and culture which create a myriad of benefits for residents and visitors alike to enjoy. The City of Beaufort is the county seat located in the northern part of the county while the resort town of Hilton Head Island is located in the southern section. The town of Bluffton is located between the two. Many other Sea Islands, small towns and diverse communities such as Yemassee, Fripp Island, Harbor Island and Daufuskie Island are located within the county. Beaufort County is one of 46 counties in the state of South Carolina with an estimated population of 150,000 and approximately 120,000 parcels of property. More information on Beaufort County can be found at http://www.beaufort.com/ Safe Harbor Statement: The information provided in this news release may include forward-looking statements relating to future events, such as the development of new products, the commencement of production, or the future financial performance of the Company. Actual results may differ from such projections and are subject to certain risks including, without limitation, risks arising from: changes in the rate of growth of the local government market, increased competition in the industry, delays in developing and commercializing new products, adequacy of financing and other factors described in the Company's most recent annual report on Form 10-K filed with the Securities and Exchange Commission, which can be reviewed at http://www.sec.gov/ . DATASOURCE: Manatron, Inc. CONTACT: Paul Sylvester, Co-Chairman and CEO of Manatron, Inc., +1-269-567-2900, Web site: http://www.beaufort.com/ Web site: http://www.manatron.com/

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