FOR IMMEDIATE RELEASE
CONTACT:
Paul Sylvester, Co-Chairman and CEO
Manatron, Inc. (269) 567-2900
paul.sylvester@manatron.com
KALAMAZOO, MI--(PR NEWSWIRE) —July 30 2007, - Manatron, Inc. (NASDAQ: MANA) the leading provider of property tax solutions for state and local governments announced today the implementation of its Manatron Ascend property tax solution in the Clay County, Missouri Tax Collector’s Office. Clay joins Jackson County as the 2nd client running Manatron Ascend in the State of Missouri.
Clay County is located in western Missouri in the Kansas City metro area and has a population of over 200,000 with over 180,000 real property, business property and personal accounts. This project included conversion of data from the County’s previous system, modification of reports to meet State standards, preparation of data interfaces to other County systems and training of County personnel.
“We chose Manatron in order to benefit from a highly functional system already proven in the State of Missouri from an experienced and stable vendor,” said Clay County Tax Collector Sandra Reeves. “By utilizing Manatron Ascend we look forward to increased staff efficiency, more accurate and timely billing and improved distribution data for county districts. In addition, we eagerly anticipate benefiting the citizens of Clay County. Our taxpayers will now be able to print their own bills on a personal computer and after their payment has been processed, they will also be able to print their own receipts at home as long as they have Internet access. We look forward to working with Manatron for many years to come.”
“We are pleased with the speedy implementation in Clay County.,” said Manatron President and Chief Operating Officer, Bill McKinzie. “Working in partnership with the County, we were able to get them up and live on Ascend on time and within budget. They will be able to collect their 2007 tax bills on the new system which will make the process much more efficient and allow them to more effectively serve the tax payers of Clay County.”
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 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 Manatron Ascend: 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. For more information about Manatron Ascend, please visit:
http://www.manatron.com/solutions/tax/ascend.aspx.
About Clay County, Missouri: 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.
More information on Clay County can be found at http://www.claycogov.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.
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