Manatron Announces a $2 Million Contract With Charleston County, South Carolina for Its GRM(R) Suite of Property Management Soft
December 11 2007 - 8:30AM
PR Newswire (US)
Fifth GRM contract win in South Carolina KALAMAZOO, Mich., Dec. 11
/PRNewswire-FirstCall/ -- Manatron, Inc. (NASDAQ:MANA) the leading
provider of integrated, enterprise-level property tax solutions for
state and local governments announced that it has received a
contract totaling approximately $2 million from Charleston County,
South Carolina for its GRM(R) suite of Property Management
software, related professional services and the first year of
annual software maintenance. Charleston County has committed to
five years of software maintenance under this contract, which
includes several Manatron products: GRM Tax, Records, GeoAnalyst,
CollectMax, PropertyMax, and CAMA and integration of this software
to various critical county business processes. The contract
provides for the replacement of the County's internally maintained
legacy property tax system and also includes an upgrade to their
CAMA system, which has been provided and maintained by Sigma
Systems Technology, Inc., who was acquired by Manatron on August 1,
2007. Charleston County is the fifth county in the State of South
Carolina to contract with Manatron for its GRM software in the last
24 months. It is located on the east coast of South Carolina and is
one of the largest of 46 counties in the state with an estimated
population of 335,000 and approximately 140,000 parcels of
property, all of which will be managed by Manatron's GRM solution.
"Charleston County is another key contract win for us," said Paul
Sylvester, Manatron's Chief Executive Officer. "This is a highly
visible and one of the more forward thinking counties in the
country. We are proud that our GRM solution met their selection
criteria and are pleased that we were able to leverage the
relationship that Sigma had built with the county over the last
several years as their CAMA system provider. As market activity for
legacy system upgrades continues to increase, we are
well-positioned to strengthen our leadership position in the
Property Tax market in South Carolina and other states." "We have a
fair amount of momentum and are building a nice GRM footprint in
South Carolina," said Bill McKinzie, Manatron's President and Chief
Operating Officer. "As a result of the solid progress we have made
with our GRM product during the last year, as well as our GRM sales
to Beaufort, Oconee, Orangeburg and Horry counties in South
Carolina, we are anticipating minimal incremental development work
to fulfill this contract. We look forward to an expanded and
mutually rewarding relationship with Charleston County." 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 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, New York, Ohio, Pennsylvania, Texas and
Washington. Manatron currently serves approximately 1,400 customers
in 40 states, two Canadian territories, South Africa and the U.S.
Virgin Islands. More information about Manatron, Inc. is available
at the Company's site on the World Wide Web at
http://www.manatron.com/. About GRM: GRM is Manatron's fully
integrated property management suite of software designed to manage
and support 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
GRM automates the operational, information and planning needs for
Assessors, Auditors, Treasurers, Tax Collectors, Recorders and
other state and local governmental officials so that they can
completely, fairly and efficiently assess real and personal
property and bill and collect the related property taxes in their
jurisdictions. More on this product is available at
http://www.manatron.com/solutions/GRM.aspx. About Charleston
County, South Carolina: Charleston County is located along the
southeastern coast of South Carolina. It encompasses approximately
919 square miles of land, marshes, rivers and wetlands with a
coastline that stretches nearly 100 miles along the Atlantic Ocean.
Charleston County's population has grown 7.1 percent since 2000 to
an estimated 2006 population of 331,917, with a median age of 36.
Charleston County has a wide range of industry including shipping,
tourism and manufacturing. More information on Charleston County
can be found at http://www.charlestoncounty.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/. CONTACT: Paul Sylvester,
Co-Chairman and CEO Manatron, Inc. (269) 567-2900 or Cameron
Donahue 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/ http://www.charlestoncounty.org/
Copyright
Manatron (MM) (NASDAQ:MANA)
Historical Stock Chart
From Oct 2024 to Nov 2024
Manatron (MM) (NASDAQ:MANA)
Historical Stock Chart
From Nov 2023 to Nov 2024