DALLAS--(BUSINESS WIRE)--Tyler Technologies, Inc. (NYSE: TYL - News) announced today that for the third consecutive year it has been named one of “America's 200 Best Small Companies” by Forbes Magazine in its annual list. This year Tyler moved up 20 spots in the rankings, from 165 to 145.
Candidates for the "200 Best Small Companies" must have annual revenue between $5 million and $750 million, be publicly traded for at least a year, and have a stock price no lower than $5. Rankings are based on earnings growth, sales growth, and return on equity in the past 12 months and over five years. Forbes also compared the stock performance of each company with that of its peers.
"We are honored to be recognized for the third straight year by Forbes as one of the best small companies in America," said John S. Marr, Jr., president and chief executive officer of Tyler Technologies. "Our consistently strong performance proves that even in these challenging economic times we continue to create significant value for each of our stakeholders – clients, shareholders and employees alike. Tyler succeeds because we provide the best and broadest scope of software and services available to the public sector."
Based in Dallas, Tyler Technologies is a leading provider of end-to-end information management solutions and services for local governments. Tyler partners with clients to enable 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 8,000 local government offices throughout all 50 states, Canada, Puerto Rico and the United Kingdom. More information about Tyler Technologies can be found at www.tylertech.com.
Tyler Technologies, Inc. has included in this press release "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 concerning its business and operations. Tyler Technologies expressly disclaims any obligation to release publicly any updates or revisions to these forward-looking statements to reflect any change in its expectations. These expectations and the related statements are inherently subject to risks and uncertainties that could cause actual results to differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties which forward-looking statements are subject to include, but are not limited to, changes in competition, changes in general economic conditions, changes in the budgets and regulatory environments of the Company's customers, risks associated with the development of new products and the enhancement of existing products, the ability to attract and retain qualified personnel, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.
Tyler Technologies, Inc.
Brian K. Miller, 972-713-3720
Executive Vice President - CFO
brian.miller@tylertech.com
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