PLANO, Texas--(BUSINESS WIRE)--First paragraph, second sentence of release should read: Tyler ranks No. 49 out of 100 and the company has appeared on the Forbes list eight times since 2004 (instead of Tyler ranks No. 47 out of 100 and the company has appeared on the Forbes list eight times since 2004).
The corrected release reads:
TYLER TECHNOLOGIES NAMED TO FORBES “AMERICA’S BEST SMALL COMPANIES” LIST IN 2014
Tyler ranks on Forbes list for eighth time since 2004
Tyler Technologies, Inc. (NYSE: TYL) announced today that it has been named to the 2014 Forbes America’s Best Small Companies list. Tyler ranks No. 49 out of 100 and the company has appeared on the Forbes list eight times since 2004. The full list is available on the Forbes website.
To qualify as an “America’s Best Small Companies” candidate, a company must have revenues of $5 million to $1 billion, be publicly traded for at least a year, and have a share price above $5. The criteria used to judge the candidates include return on equity, sustained sales and earnings growth in the past 12 months and over five years, and stock performance versus each company’s peer group, among other measures.
“We are honored to be ranked by Forbes as one of the best small companies in America for the eighth year,” said John S. Marr Jr., president and chief executive officer of Tyler Technologies. “Our consistent ranking on this list reflects the value we create for investors through solid revenue growth, which we achieve by creating long-term partnerships with our clients and performing at a high level.”
Tyler Technologies is the largest company exclusively focused on public sector software and services, with more than 11,000 local government offices in its client base. The company was also ranked No. 30 on the Forbes 2014 list of “Most Innovative Growth Companies.”
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 11,000 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 four times on the Barron’s 400 Index, a measure of the most promising companies in America. More information about Plano-based Tyler Technologies can be found at www.tylertech.com.