Tyler Technologies Acquires ExecuTime Software

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.

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