FOR IMMEDIATE RELEASE
CONTACT:
Paul Sylvester, Co-Chairman and CEO
Manatron, Inc. (269) 567-2900
paul.sylvester@manatron.com
KALAMAZOO, MI--(PR NEWSWIRE) — August 17, 2007 - Manatron, Inc. (NASDAQ: MANA) the leading provider of integrated property tax solutions for state and local governments today announced a new partnership with BUILDERadius, Inc. to offer ground-breaking integration solutions for building department and tax assessment software.
Recognizing that that local property taxes are an increasing fiscal lifeline for city and county government, Manatron and BUILDERadius have created an innovative solution that allows the tax assessor office access to the most up-to-date building permit information possible. This integration seamlessly links the building department and the tax assessor’s office, creating more accurate property tax rolls and thus increasing tax revenues.
For jurisdictions searching for new building department software, the partnership offers BluePrince®, BUILDERadius’ community development software, integrated with both Manatron CAMA and Manatron Tax. This solution offers building departments BluePrince’s award-winning client / server based community development software with built-in tax assessor integration. For jurisdictions satisfied with their building department software, the partnership’s Data Integration Service integrates any building department software with Manatron’s tax assessment software solutions. This allows building departments to keep their existing software and allows two previously separate software packages to share information and data automatically.
“We are excited about the opportunity to partner with a quality company like BUILDERadius,” said Early Stephens, Manatron Chief Technology and Marketing Officer. “These flexible solutions provide a robust, cross-departmental approach to all facets of local property development. With a seamless flow of information, the tax assessor’s office has the most up-to-date information possible, increasing property tax revenue and allowing jurisdictions to function more efficiently.”
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, forms 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, Ohio, Pennsylvania, New York 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.
About BUILDERadius, Inc.: Founded in early 1999 and headquartered in Asheville, North Carolina, BUILDERadius is a privately held corporation that serves the public and private sectors with technology solutions for the construction and real estate industries. Today, the BUILDERadius product line includes software and professional services for building departments, online services for contractors and data services. For more information, please visit www.BluePrince.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.
-- End --