Tyler Technologies, Inc. (TYL) Signs Contracts for EDEN Financial Solutions with California Cities El Monte and Union City
Source: http://Blog.QualityStocks.net/?p=11537Posted on Saturday, August 2nd, 2008 | In Market Commentary, OTCBB Markets, Small & Micro Cap, Stocks to Watch
Tyler Technologies, Inc. (TYL) is a provider of end-to-end information management solutions and services for local governments. Last month the company signed agreements to provide Tyler’s EDEN financial management solutions to two cities in California: El Monte and Union City. The contracts are valued at nearly $1.1M combined, and include software licenses, as well as professional services, maintenance and support.
Both cities have elected to purchase a comprehensive array of applications from Tyler’s EDEN financial and human resource product suites. The City of El Monte is located approximately 12 miles from downtown Los Angeles in the heart of the San Gabriel Valley, and is one of the largest cities in Los Angeles County, with a population of 120,000. The city will enhance its use of EDEN Utility Billing through Web Extensions. EDEN Utility Billing manages the accounts receivable process of billing and receipting for utility services.
Union City is located 30 miles southeast of San Francisco Bay area of Northern California and has a population of 73,400. The city plans to use Web Extensions to the EDEN Accounts Payable, EDEN Accounts Receivable, EDEN Applicant Tracking and EDEN Human Resource applications. Both cities will implement Tyler Output Processor and Tyler GASB 34 Reporter.
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