Tier Schedules Fiscal 2011 Fourth Quarter and Year End Earnings Release and Conference Call

Tier Technologies, Inc. (Nasdaq: TIER) will announce financial results for the fiscal 2011 fourth quarter and fiscal year ended September 30, 2011 after the market closes on Tuesday, December 6, 2011.

Alex P. Hart, President and Chief Executive Officer, and Jeff Hodges, Chief Financial Officer, will host a conference call on Tuesday, December 6, 2011 at 5:00 p.m. Eastern Time to discuss the Company's quarterly results.

To access the conference call, please dial [phone] and provide pass code Q4FY2011. The conference call will also be broadcast live via the Internet at www.tier.com. Please go to the web site at least fifteen minutes prior to the call to register, download and install any necessary audio software. Participants will need to provide the conference ID #9529539 and pass code Q4FY2011.

For those who cannot access the live broadcast, a replay will be available at www.tier.com, or by calling [phone] and entering conference ID #9529539 from 10:00 a.m. Eastern Time, Wednesday, December 7, 2011 until 11:45 p.m. Eastern Time on December 20, 2011.

About Tier Technologies, Inc.

Tier Technologies, Inc. is a leading provider of electronic payment solutions in the biller direct market. Headquartered in Reston, Virginia, the company provides enhanced electronic payment services that include multiple payment choices, payment channels, and bill payment products and services to over 4,600 clients in all 50 states and the District of Columbia. Tier serves clients in multiple markets including federal, state, and local governments, educational institutions, utilities and commercial clients through its subsidiary, Official Payments Corporation. For more information, see www.tier.com and www.OfficialPayments.com.