Manatron Announces a $1.1 Million Contract With the Unified Government of Wyandotte County/Kansas City, Kansas for Its GRM(R) Pr
May 16 2007 - 8:30AM
PR Newswire (US)
KALAMAZOO, Mich., May 16 /PRNewswire-FirstCall/ -- Manatron, Inc.
(NASDAQ:MANA) the national leader of property tax solutions for
state and local governments announced that it has received a
contract totaling $1.1 million from the Unified Government of
Wyandotte County/Kansas City, Kansas for its GRM Property Tax
solution. The contract includes related professional services for
the Unified Government Treasury Department and five years of annual
software maintenance. This marks the first contract win in the
State of Kansas for Manatron. Wyandotte County is located in the
north eastern section of Kansas and includes Kansas City, Kansas.
It is one of 105 counties in the state and has a population
estimated at 160,000. The County Treasurer's office will be using
Manatron Tax to collect real estate, personal property, intangible,
motor vehicle, special assessments and other miscellaneous taxes
for the county, as well as all of the cities, townships, school
districts and other taxing jurisdictions within the county.
Manatron Tax will also be used by the Treasurer's office to
apportion and distribute all of these taxes to the local taxing
units. "The Unified Government of Wyandotte County/Kansas City is
recognized as one of the most progressive local governments in
America," said Paul Sylvester, Manatron's Chief Executive Officer.
"To have them select Manatron as their property tax solution
provider is truly an honor and a testament to the capabilities of
our company. We expect to build momentum in this new market given
that this is our first GRM contract win in Kansas. We look forward
to a long and mutually rewarding relationship with the Unified
Government of Wyandotte County/Kansas City." "As we continue to
develop and roll out our new GRM software across the U.S., we
expect the visibility of Manatron and our capabilities will
continue to increase," said Bill McKinzie, Manatron's President and
Chief Operating Officer. "We are building a very strong team and
are devoting the resources to solidify our leadership position in
this space." About Manatron, Inc.: Manatron is focused on providing
software and services to enable state and local governments in
North America to completely, fairly and efficiently assess real and
personal property, and to bill and collect the related property
taxes in their jurisdictions. The Company's software manages the
entire property life cycle, which includes deed recording, land
records, GIS (Geographic Information System) integration,
valuation, assessment administration, personal property, business
licenses, cashiering, tax billing and collection, delinquents and
tax sales, and e-government. Manatron's revenues are primarily
generated from software license fees, software maintenance fees,
professional services, and sales of hardware, forms and supplies.
Professional services consist of data conversions, installation,
training, project management, hardware maintenance, forms
processing and printing, consulting and appraisal services.
Manatron is headquartered in Portage, Michigan and has offices in
Florida, Georgia, Illinois, Indiana, Minnesota, Ohio, Pennsylvania
and Washington. Manatron currently serves approximately 1,300
customers in 30 states and two Canadian territories. Information
about Manatron, Inc. is available at the Company's site on the
World Wide Web at http://www.manatron.com/. About Manatron Tax:
Manatron Tax is a powerful and flexible comprehensive Government
Revenue Management(R) (GRM(R)) property tax billing and collection
solution for tax collection officials. Developed by a staff with
over three thousand person-years of collective, local tax software
development experience, Manatron Tax provides the functionality to
maintain, bill, collect, distribute and track properties and
associated taxes. It is a rich and in-depth product built on the
Microsoft .NET(R) platform, using the most up-to-date technology.
Manatron Tax enables tax billing and collection officials to manage
real property, personal property, mobile homes, minerals, motor
vehicles and special assessments. Manatron ensures that its
software is in compliance with state standards, processes and laws
and continually provides important new capabilities to its user
group. For more information about Manatron Tax, please visit:
http://www.manatron.com/solutions/tax.aspx. About the Unified
Government of Wyandotte County/Kansas City: The Unified Government
of Wyandotte County/Kansas City is located in the north eastern
section of Kansas and includes Kansas City. It is one of 105
counties in the state with an estimated population of 160,000.
There are approximately 79,000 real and personal parcels of
property in the county. The Unified Government of Wyandotte
County/Kansas City was created in 1997 when Wyandotte County voters
overwhelmingly approved consolidating the city and county
governments. For more information about the Unified Government of
Wyandotte County/Kansas City, visit http://www.wycokck.org/. Safe
Harbor Statement: The information provided in this news release may
include forward-looking statements relating to future events, such
as the development of new products, the commencement of production,
or the future financial performance of the Company. Actual results
may differ from such projections and are subject to certain risks
including, without limitation, risks arising from: changes in the
rate of growth of the local government market, increased
competition in the industry, delays in developing and
commercializing new products, adequacy of financing and other
factors described in the Company's most recent annual report on
Form 10-K filed with the Securities and Exchange Commission, which
can be reviewed at http://www.sec.gov/ . DATASOURCE: Manatron, Inc.
CONTACT: Paul Sylvester, Co-Chairman and CEO of Manatron, Inc.,
+1-269-567-2900, Web site: http://www.wycokck.org/ Web site:
http://www.manatron.com/solutions/tax.aspx Web site:
http://www.manatron.com/
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