MANA Manatron (MM)

Manatron Announces a Strategic Partnership With Bid4Assets KALAMAZOO, Mich., Nov. 17 /PRNewswire-FirstCall/ -- Manatron, Inc. (NASDAQ:MANA) a leading provider of software products and services for local governments, including the revolutionary Government Revenue Management(TM) (GRM(TM)) software, today announced that it has formed a strategic partnership with Bid4Assets, Inc., the nations' leader in online advertising and auction services for federal, state and local government. This partnership will allow Manatron to deliver Internet tax sale functionality to its Florida client base. Bid4Assets specializes in providing innovative asset disposition solutions for government entities. It has worked with more than 50 government agencies, including the U.S. Marshals Service, the Department of Energy and the Department of Defense, to maximize the proceeds from the sale of forfeited or surplus property. In addition, Bid4Assets' robust proprietary auction technology has positioned them as the leading advertising and auction service provider for county tax sales nationwide. "Bid4Assets brings online auction technology and know-how to the partnership, which complements our property tax collection and service experience," said Paul Sylvester, Manatron's Chief Executive Officer and President. "Manatron and Bid4Assets will provide a tightly integrated product coupled with functional depth and flexibility so that we can offer our Florida Tax Collector clients a complete end-to-end auction service, including settlement. By using the Internet, our clients will be able to reduce administrative costs, reach more buyers and sell a greater number of tax certificates at each sale. The ultimate beneficiary is the tax-payer." "Bid4Assets is excited to work with innovative companies, like Manatron," commented Richard Hayman, Bid4Assets' Chief Executive Officer and President. "Combining Manatron's tax collection software with Bid4Assets' online auction technology allows us to jointly offer a fully integrated service that will streamline and simplify the entire property tax life cycle. Bid4Assets will allow Manatron to now offer Internet tax sales to its current customer base and beyond. We look forward to a long and mutually rewarding relationship with Manatron." 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 California, Florida, Georgia, Illinois, Indiana, North Carolina and Ohio. Manatron currently serves approximately 1,200 customers in 24 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/. About Bid4Assets, Inc.: Bid4Assets is the leading online auction marketplace that helps government and private industry maximize returns from the sale of forfeited, surplus and tax-defaulted property. In addition, the Company offers sophisticated online auction solutions for county government that brings efficiencies to the tax sale process. The Company focuses on high-end assets, selling real estate, personal property, financial instruments and bankruptcy claims to a worldwide network of buyers. The result is that assets are sold many times faster and at a higher return than through traditional sales channels. Bid4Assets' proprietary technology, managed in-house, allows the Company to sell assets in a variety of formats to best meet its clients' needs. The Company provides customized sales solutions such as online, traditional, sealed bid and Web cast auctions, fixed price sales, as well as co-branded Web Sites and branded Private Auction Exchanges. Information about Bid4Assets, Inc. is available at the Company's site on the World Wide Web at http://www.bid4assets.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, 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. Web site: http://www.bid4assets.com/ Web site: http://www.manatron.com/

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