FOR IMMEDIATE RELEASE
CONTACT:
Paul Sylvester, Co-Chairman and CEO
Manatron, Inc. (269) 567-2900
paul.sylvester@manatron.com
KALAMAZOO, MI--(PR NEWSWIRE) —June 7, 2007, 2007 - Manatron, Inc. (NASDAQ: MANA) the leading provider of property tax solutions for state and local governments announced that it has received a contract from Nassau County, Florida for its Property Tax solution, Manatron MVP Tax. The contract includes related professional services for the Nassau County Tax Collector’s Office as well as CollectMax, Manatron’s eGovernment solution which allows taxpayers to pay property and other taxes using the Internet. This is a new account for Manatron in the state of Florida and marks the 27th client in Florida who will be using the Company’s tax collection software.
Nassau County is located in the north eastern corner of Florida, along the coast of the Atlantic Ocean. It is one of 67 counties in Florida and has a population estimated at 65,000.
“I made my selection of Manatron with confidence based on their reputation, coupled with an experienced support team with extensive tax subject matter expertise,” said Nassau County Tax Collector, the Honorable John Drew. “Our office reviewed several vendors and found Manatron to be superior in our important selection criteria. Manatron is recognized across the United States as an industry leader in property tax software solutions and has shown a strong commitment to their customers in the State of Florida. I am excited about the opportunity to work with them as we move forward in Nassau County.”
“We are the market leader in Florida and are currently celebrating our 20th year of serving Tax Collectors throughout the state,” said Paul Sylvester, Manatron’s Chief Executive Officer. “Each year, more Florida Tax Collectors choose Manatron than any other company to help them bill and collect property and other related taxes. Collectively, these counties sent out over 4.6 million tax bills in 2006 and collected over $8.6 billion in revenue using our software.”
“Florida is one of our core markets, where we continue to make significant investments in our products, services, and people,” said Bill McKinzie, Manatron’s President and Chief Operating Officer. “We believe our people make the difference for our clients and have nearly 40 team members focused in this market to ensure that we remain the leader. We are delighted to add Nassau County to our list of clients, and look forward to serving them for many years to come,”
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 MVP Tax: Manatron MVP Tax is a powerful and flexible Government Revenue Management® (GRM®) property tax billing and collection solution for tax collection officials in the State of Florida. Manatron MVP Tax provides the functionality to maintain, bill, collect, distribute and track properties and associated taxes. It is built on the Microsoft® platform, using the most up-to-date technology. Manatron MVP Tax enables Florida tax collection officials to manage real estate tax, personal property tax, special assessments, occupational licenses and tourist development. Manatron ensures that its software is in compliance with state standards, processes and laws and continually provides important new capabilities to its user group. For more information about Manatron MVP Tax, please visit: http://www.manatron.com/solutions/tax/mvptaxfl.aspx.
About Nassau County, Florida: Nassau County is located in the north eastern corner of Florida, along the coast of the Atlantic Ocean, and is a rapidly growing county. One of 67 counties in the State, Nassau County is part of the Greater Jacksonville Metropolitan area. Its population is estimated at 65,000 and there are approximately 54,000 real and personal parcels of property in the county. The county seat and largest city in the county is Fernandina Beach. Nassau County's economy is very diverse, ranging from agricultural activity (mostly in the form of tree farms) in the west and central areas, to a variety of activities including real estate and tourism closer to Amelia Island. More information on Nassau County can be found at http://www.nassaucountyfl.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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