Manatron Receives Property Tax Contract From Clay County, Missouri
August 02 2006 - 9:30AM
PR Newswire (US)
KALAMAZOO, Mich., Aug. 2 /PRNewswire-FirstCall/ -- Manatron, Inc.
(NASDAQ:MANA) a leading provider of software products and services
for local governments, including the recently introduced Government
Revenue Management(R) (GRM(R)) software, today announced that it
has received a new contract from Clay County, Missouri for its
Manatron Ascend(R) Property Tax solution and related Web software.
The contract includes approximately $750,000 of software license
fees and implementation services, as well as nearly $600,000 for
support and maintenance for six years. Manatron Ascend is a
powerful and flexible property tax billing and collection solution
for tax collection officials. Manatron Ascend provides the
functionality to maintain, bill, collect, distribute and track
property accounts and associated taxes. Using the most up-to-date
technology and built on the Microsoft platform, Ascend allows Tax
Collectors the ability to manage real property, personal property,
manufactured structures, motor vehicles and special assessments.
Manatron acquired the Ascend product in connection with its
acquisition of ASIX, Inc. on February 1, 2006. The Ascend Web
solution includes on-line processing of real and personal property
tax payments, as well as access to extensive property data. With a
population of more than 200,000 and approximately 92,000 parcels,
Clay County is the fifth largest county in Missouri and falls right
in the sweet spot of Manatron's client base. They are located in
northwestern Missouri including Kansas City and are one of the
fastest growing counties in the Midwest. Clay joins Jackson County
(downtown Kansas City) as an Ascend customer, who has been using
this software since early 2000. "We were absolutely thrilled to
select Manatron to provide a Property Tax solution and related
web-based services for us," said Sandra Reeves, Clay County
Collector of Revenue. "Long-term, we know their Ascend software
product will ultimately save us thousands of work hours and
countless dollars. This new software will also allow us to collect
property taxes for the cities within Clay County thus saving those
communities money as well. Manatron's technology is a strong and
adaptable solution for us and will increase our efficiency as the
county continues to grow. We look forward to going live with Ascend
in 2007." "Clay County is a significant new account and key
contract for Manatron," said Paul Sylvester, Manatron's Chief
Executive Officer. "It is our first major Manatron Ascend contract
win since we acquired ASIX in February. As a result of this
acquisition, we have an excellent Property Tax solution that is
currently available for Missouri and certain other of our key
markets. Accordingly, we have stepped up our sales efforts to build
off the success we have had in Missouri and are pleased to be able
to support two very high profile clients in that state. Manatron is
currently in the process of implementing our Ascend Web solution
for Jackson County. We expect that Clay County will also benefit
from these efforts, as well as other counties that follow their
lead in the future. We look forward to a mutually rewarding,
long-standing relationship with Sandra and Clay County and are
already making plans to get started with this important
implementation." 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, North Carolina, 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/. DATASOURCE: Manatron, Inc.
CONTACT: Paul Sylvester, CEO of Manatron, Inc., +1-269-567-2900,
Web site: http://www.manatron.com/
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