Government of the Bahamas Expands Relationship with Tyler Technologies

Island commonwealth will use Tyler Verify for street-level imaging and data collection services

Tyler Technologies, Inc. (NYSE: TYL) announced today that the Commonwealth of the Bahamas, Department of Inland Revenue, Real Property Tax Valuation Unit (RPTVU) has signed a contract for technology-driven mass appraisal services using Tyler Verify™. Under the agreement, Tyler’s CLT Appraisal Services™ staff will use Tyler Verify software to conduct street-level imaging and data collection services for properties on the island of New Providence.

Tyler Verify will be used to digitize sketch and property record card data and capture street-level photographs of all residential and commercial/industrial properties. The project includes imaging and verification of each structure using a field-based stop, verify and compose approach to data collection. Staff will also perform physical onsite field inspections and data collection of newly discovered properties following the image collection process.

The Commonwealth of the Bahamas currently uses Tyler’s iasWorld® appraisal and tax administration software solution. Bahamian leaders chose to extend their relationship with Tyler because they valued Tyler’s appraisal and technology expertise, and the company’s proven best practices and long history of successfully using technology-driven services for property imaging and data verification engagements.

Tyler’s CLT Appraisal Services — the country’s only national mass appraisal services company — has appraised more than 30 million parcels across 46 states. Services using Tyler Verify incorporates leading-edge database management tools, GIS application, GPS data capture and digital photography to ensure data accuracy and reliability.

The Bahamas, one of the world’s foremost vacation destinations, is in the Atlantic Ocean off the coast of Florida, stretching about 800 miles nearly to Haiti. About 90 percent of the islands’ 370,000 residents live on the islands of Abaco, Grand Bahama (home to Freeport) and New Providence (home to Nassau). The island chain covers more than 5,000 square miles.

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.

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Jetstream PR for Tyler TechnologiesTony Katsulos, 972-788-9456, ext. [e-mail]