MANA Manatron (MM)

KALAMAZOO, Mich., Oct. 9 /PRNewswire-FirstCall/ -- Manatron, Inc. (NASDAQ:MANA) a leading provider of software products and services for local governments, including the Government Revenue Management(R) (GRM(R)) software, today announced that its Board of Directors authorized the purchase of up to $1 million of the Company's stock during the next 12 months. This amount represents approximately three percent of the current market value of the Company's 5.1 million shares outstanding and replaces the previous repurchase plan announced September 13, 2005, which recently expired. Manatron Co-Chairman and CEO Paul Sylvester commented, "We believe the repurchase of Manatron stock represents a very effective utilization of our cash and resources, based on current market conditions and the Company's growth strategy. While liquidity will dictate the amount of stock we repurchase under this authorization, we intend to buy stock opportunistically in the coming months, enhancing long-term shareholder value." Any purchases of shares will be made through a systematic program of open market purchases subject to availability, regulatory and other constraints, and general economic conditions. About Manatron, Inc.: Manatron, Inc. designs, develops, markets and supports a family of web-based and client/server application software products for county, city and township governments. Manatron's products support the back-office processes for these government agencies and facilitate the broader business processes via eGovernment and Internet features, such as Internet payments and mortgage lender integration, targeted at the needs of taxpayers and industry professionals. Manatron also provides mass appraisal services, which includes the assessment of residential, commercial and other types of properties to ensure updated and equitable property valuations. Manatron is headquartered in Portage, Michigan and has offices in Florida, Georgia, Illinois, Indiana, Ohio, Tennessee 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/. 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/ . CONTACT: Paul Sylvester, Co-Chairman and CEO Cameron Donahue Manatron, Inc. (269) 567-2900 Hayden Communications, Inc. (651) 653-1854 DATASOURCE: Manatron, Inc. CONTACT: Paul Sylvester, Co-Chairman and CEO of Manatron, Inc., +1-269-567-2900, ; or Cameron Donahue of Hayden Communications, Inc., +1-651-653-1854, , for Manatron, Inc. Web site: http://www.manatron.com/

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