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Wednesday, December 2, 2009, 6:20PM ET - U.S. Markets Closed. Dow Down 0.18% Nasdaq Up 0.42%
Tier Technologies Inc. (TIER)At 4:00PM ET: 7.95  Up 0.22 (2.85%)  
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Tier Technologies Inc.
10780 Parkridge Boulevard
Suite 400
Reston, VA 20191
United States - Map
Phone: 571-382-1000
Fax: 571-382-1002
Web Site: http://www.tier.com

DETAILS 
Index Membership:N/A
Sector:Technology
Industry:Information Technology Services
Full Time Employees:222

BUSINESS SUMMARY 
Tier Technologies, Inc. provides biller direct electronic payment solutions to federal, state, and local government, as well as to educational institutions, utility companies, and other public sector clients in the United States. The company’s solutions include multiple payment options, including consolidation of income payments, bill presentment, convenience payments, installment payments, and flexible payment scheduling. Its solutions also offer its clients a range of online payment options, including credit and debit cards, electronic checks, cash and money orders, and alternative payment types. In addition, Tier Technologies’ solutions provide processing for Web, call center, and point-of-sale environments. Further, it offers a front-end platform designed for the biller direct market with a single source solution that simplifies the management of electronic payments. The company’s client base includes the U.S. Internal Revenue Service, 27 states, the District of Columbia, and approximately 3,800 local governments and other public sector clients. Tier Technologies was founded in 1991 and is headquartered in Reston, Virginia.
Key Statistics

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    CORPORATE GOVERNANCE 
    Tier Technologies Inc.'s Corporate Governance Quotient (CGQ®) as of 1-Dec-09 is better than 61.2% of Russell 3000 companies and 63.3% of Software & Services companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Ronald L. Rossetti , 66
    Chairman, Chief Exec. Officer and Member of Special Committee for Divestments
    $ 979.00K $ 0
    Mr. Ronald W. Johnston , 62
    Chief Financial Officer, Principal accounting Officer and Sr. VP
    $ 240.00K $ 0
    Mr. Steven M. Beckerman , 51
    Sr. VP of Gov. Bus. Process Outsourcing
    $ 221.00K $ 0
    Mr. Keith S. Omsberg ,
    VP, Corp. Sec. and Gen. Counsel
    $ 280.00K $ 0
    Ms. Nina K. Vellayan , 42
    Chief Operating Officer and Exec. VP
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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