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TYL Tyler Technologies Corp

528.92
8.01 (1.54%)
After Hours
Last Updated: 23:35:31
Delayed by 15 minutes
Share Name Share Symbol Market Type
Tyler Technologies Corp NYSE:TYL NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  8.01 1.54% 528.92 528.95 517.90 521.65 155,206 23:35:31

Tyler Technologies Continues Growth with Building Purchase for Transportation Group

07/02/2017 3:17pm

Business Wire


Tyler Technologies (NYSE:TYL)
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Tyler to hire from Albany’s Capital District to add to already growing team

Tyler Technologies, Inc. (NYSE: TYL) has completed the purchase of a complex in Latham, New York, near the Albany International Airport, as the new site for its transportation solutions operation. Tyler’s transportation team provides the K-12 market with transportation technology, including Versatrans®, Traversa®, and Tyler Drive™, its newest mobile solution for school bus drivers.

Tyler will move staff from its current Latham office in late 2017, after some extensive renovations. The updated building will feature:

  • An open design with collaborative spaces conducive for software development
  • Numerous skylights and large windows to allow for natural lighting
  • A campus-like atmosphere with four office areas and a 10,000-square-foot conference center
  • Two interior courtyards and 10-acre wooded lot

Tyler entered the K-12 transportation market in 2008 via the acquisition of Versatrans Solutions. Since then, the transportation staff has nearly doubled in size, and revenues have more than tripled, making Tyler the leading provider in this space. In the past five years, Tyler’s Latham staff has grown 57 percent, and the company plans to hire 15 positions for the Latham location in 2017.

“There is amazing talent in the Capital District, and we are committed to hiring exceptional people locally,” said Ted Thien, vice president and general manager for Tyler’s transportation group. “The building is exactly what we needed to support our current growth, and the renovations will create space for approximately 175 people.”

Other Tyler office locations have also experienced recent growth. At the company’s headquarters in Plano, Texas, additional office space opened in 2016 to accommodate growing staff numbers, and Tyler is in the process of building an additional 94,500 square feet of space for the ERP & Schools Division headquarters in Yarmouth, Maine, expected to be completed by November 2017.

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 their constituents. Tyler’s client base includes more than 15,000 local government offices in all 50 states, Canada, the Caribbean, the United Kingdom and other international locations. In 2016, Forbes ranked Tyler on its “Most Innovative Growth Companies” list, and it has also named Tyler one of “America’s Best Small Companies” eight times. 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.

Jetstream Communications for Tyler TechnologiesTony Katsulos, 972-788-9456, ext. 301Tony.Katsulos@JetstreamComm.com

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