Official Payments Corp.�, http://www.officialpayments.com, a subsidiary of Tier Technologies, Inc. (Nasdaq:TIER), http://www.tier.com, today announced that it has signed an agreement with DeKalb County, Georgia to expand upon existing electronic payment processing services. DeKalb taxpayers, who have been able to process web tag renewals with Official Payments since 2006, will also be able to pay their real and personal property taxes, online or by telephone. DeKalb County collects more than $795 million in taxes annually. DeKalb County joins its neighbors in Cherokee, Cobb, and Forsyth counties in offering fast, easy, and secure electronic tax payment options through Official Payments. Taxpayers have the flexibility and convenience of making payments using any American Express�, Discover�, MasterCard� or VISA� card, or by electronic check, by visiting www.officialpayments.com, or www.co.dekalb.ga.us/taxcommissioner. Property taxes in DeKalb County are due August 15 and November 15. �We are pleased to further expand the electronic services offered to DeKalb County taxpayers by delivering secure and convenient electronic payment options with Official Payments Corp. It is one more step in our mission to offer excellent customer service and payment options to all we serve," said Tax Commissioner Claudia G. Lawson. �We're excited to provide additional electronic payment options to DeKalb�s citizens,� said Ronald L. Rossetti, Chief Executive Officer of Tier. �We are especially gratified when existing clients trust Official Payments with additional payment services, because it confirms that we are the proven choice for electronic payment solutions, and it comports with our strategy for the continued growth of the company,� Rossetti continued. For DeKalb payments, Official Payments charges a convenience fee for credit and debit card services. Electronic checks are accepted at no charge. Citizens and businesses using credit or debit cards with bonus rewards programs may, depending on their card's program, earn reward points, airline frequent flyer miles or cash back for paying their taxes and fees. About Official Payments Corp. Official Payments Corp., a wholly owned subsidiary of Tier Technologies, Inc., delivers innovative electronic payment processing services to governments, businesses and consumers throughout the United States. Headquartered in Reston, Virginia, Official Payments� clients are comprised of over 3,000 federal, state, and local governments and agencies including the IRS, educational institutions, utilities and commercial clients. With over 6,000 payment types processed, and 9 million transactions totaling over 5 billion dollars in 2007, Official Payments is the proven choice for credit card, debit card, and electronic check payment solutions. For more information, visit http://www.officialpayments.com. Official Payments offers a free service with its MyAccount feature. MyAccount allows users to manage automatic payments, schedule future payments, set payment reminders, view transaction history online, modify the details of a personal profile, and offer feedback regarding services. Visit http://www.officialpayments.com/myaccount to benefit from this service. About Tier Technologies, Inc. Tier Technologies, Inc. primarily provides federal, state and local government and other public sector clients with electronic payment processing and other transaction processing services. Tier's electronic payment processing clients include over 3,000 federal, state, and local governments, educational institutions, utilities and commercial clients throughout the U.S. Tier is headquartered in Reston, Virginia. For more information, visit http://www.tier.com. Statements made in this press release that are not historical facts, including statements regarding expectations for future revenues, earnings, and expenses, are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Tier undertakes no obligation to update any such forward-looking statements. For a discussion of the factors which may cause our actual events or results to differ from those projected, please refer to the Company's annual report on Form 10-K for the fiscal year ended September 30, 2007, and other reports filed with the SEC.
Tier Reit Inc. (NYSE:TIER)
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