Pictometry and Manatron Announce Marketing Alliance
March 29 2004 - 8:52AM
PR Newswire (US)
Pictometry and Manatron Announce Marketing Alliance Companies
Deploy Appraisal Software Solution With High-Resolution Imagery to
Assessment Professionals ROCHESTER, N.Y. and KALAMAZOO, Mich.,
March 29 /PRNewswire-FirstCall/ -- Pictometry International Corp.,
provider of a patented information system that captures digital
aerial oblique and orthogonal images, as well as related software,
and Manatron, Inc., a leading provider of Government Revenue
Management (GRM) software products and services for local
governments, today announced a marketing alliance. Under terms of
the agreement, both companies will collaborate on joint projects
for systems, services, and software integration of technology from
both firms, providing a strong, value-added solution for property
appraisal applications. The companies have already secured a number
of joint project wins with counties in the State of Ohio. Manatron
has an extensive client base utilizing its Computer Assisted Mass
Appraisal (CAMA) software and appraisal services. Pictometry's
industry leading software enables users to quickly and easily
access up to 12 different high-resolution views of any property,
building, highway, landmark, or other feature in a county.
Pictometry software also enables endusers to obtain measurements
directly from the georeferenced imagery, as well as insert GIS
content and other data, which makes it invaluable in the property
appraisal process. The initial focus of the marketing alliance on
appraiser operations has expanded into the Manatron software
product line where Pictometry technology is being integrated into
Manatron's CAMA software to provide rapid retrieval of key property
data and images. "The proof of success for any co-marketing program
is in how both companies' customer bases accept potential solutions
offered by the firms," commented Dante Pennacchia, senior vice
president of sales and marketing at Pictometry. "In the case of
Pictometry and Manatron, initial response from current and
prospective clients has been remarkable, as they have been very
quick to adopt our mutual solution. We are pleased to be working
with Manatron and look forward to many successful installations."
Paul Sylvester, CEO of Manatron said, "The association with
Pictometry will significantly enhance our appraisal services.
Pictometry's oblique imagery and imaging software, combined with
our existing appraisal systems and services gives our clients the
ability to review property characteristics in more efficient and
cost effective ways. Pictometry's software and capabilities will
also improve our efficiency on revaluations or appraisal service
contracts, and further differentiates Manatron from its
competitors. Manatron currently has more than 650,000 parcels
contracted for appraisal services that include the Pictometry
product. The combination of appraisal services with the Pictometry
imagery is the first step of many in utilizing new and exciting
technologies to enhance our service offering to prospective
clients." About Pictometry: Pictometry International is a rapidly
growing software company that provides visual intelligence
information systems. The company's patented imaging process
captures georeferenced, high-resolution oblique (at an angle -
natural view) and orthogonal (straight down) digital images of
counties and states. Combined with the company's interactive
software solution, users can see everywhere, measure anything, and
plan everything. Pictometry is a second order visualization tool
that does not produce authoritative or definitive information
(surveying) from its aerial images. The company's customer base
includes a growing list of county, state, and federal government
organizations as well as private business users. Applications
include 9-1-1, appraisers, assessors, planning officials, GIS,
transportation, law enforcement, homeland security, fire
departments, insurance, real estate, engineering, and utilities.
For more information on Pictometry, visit
http://www.pictometry.com/. 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 also facilitate the
"Virtual Courthouse" by providing Internet access to information
for industry professionals and the public or by processing
transactions over the Internet such as the payment of property
taxes. Manatron also provides mass appraisal services, assessing
residential, commercial and other types of properties to ensure
updated and equitable property valuations. Manatron currently is
headquartered in Kalamazoo, Michigan and has regional offices in
Florida, Illinois, Indiana, North Carolina and Ohio. Manatron
serves approximately 1,300 customers in 25 states and three
Canadian provinces. 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.; Pictometry
International Corp. CONTACT: Paul Sylvester, President and CEO of
Manatron, Inc., +1-269-567-2900, ; or Matthew Hayden, President of
Hayden Communications, Inc., +1-843-272-4653, , for Manatron, Inc.;
or Will Smith, Marketing Manager of Pictometry International Corp.,
+1-585-486-0093 ext. 270, Web site: http://www.manatron.com/
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