FOR IMMEDIATE RELEASE
CONTACT:
Paul Sylvester, Co-Chairman and CEO
Manatron, Inc. (269) 567-2900
paul.sylvester@manatron.com
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KALAMAZOO, MI--(PR NEWSWIRE) – December 8, 2006 - Manatron, Inc. (NASDAQ: MANA) a leading provider of software products and services for State and local governments, including the Government Revenue Management® (GRM®) software, announced that the Assessor’s office in Orangeburg County, South Carolina has contracted with Manatron to upgrade it’s legacy property assessment software to Manatron CAMA. The Orangeburg County Assessor’s office has been a Manatron customer since 1998. This will be the third installation of Manatron’s CAMA solution in the State of South Carolina. Horry County (Myrtle Beach) was the first to sign a contract last February and Oconee County followed a couple of months ago.
Manatron CAMA is an innovative, comprehensive GRM property appraisal software product. It features a highly productive, integrated sketch package and an extremely accurate valuation engine for calculating property values. It is the most widely deployed and nationally recognized CAMA software product available today running in over 300 jurisdictions in 19 states and two Canadian territories.
With its powerful valuation engine, Manatron CAMA offers all the traditional approaches to value; including the cost, market and income approaches, while conforming to strict national and international standards. It encapsulates advanced CAMA technology, provides integrated Assessment Administration, Mapping (GIS), and supports real and personal property valuation. It also features hearing scheduling and certified roll processing and maintenance, while adhering to the CAMA business rules that have been developed and refined over the past 30 years.
“As it became apparent that the old system was nearing its end of life we knew we needed to upgrade to a state-of-the art CAMA system,” said Orangeburg Assessor, Jim McLean. “After reviewing other products on the market and even trying to build our own system, we found that Manatron CAMA, along with the GIS capabilities, offered more functionality than any thing else out there. Besides, after dealing with Manatron over the past eight years, we simply could not imagine choosing another vendor to provide this. The latest version of Manatron CAMA will allow us to manipulate data in ways that were unthinkable in our old system and the reporting tools are light years ahead of our old system.”
“We are pleased to continue serving the Orangeburg Assessor’s Office,” said Paul Sylvester, Manatron’s Chief Executive Officer. “Their existing property assessment software was reaching the end of its life cycle and they were in need of a new solution. We were able to meet their requirements and are looking forward to providing Orangeburg County with their ‘next generation’ property assessment software and services for many years. I believe this installation will be a great reference as we to continue to market our CAMA and GRM solution throughout the State of South Carolina.”
About Manatron, Inc.: Manatron, Inc. designs, develops, markets and supports a family of web-based and client/server application software products for State and local 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 a variety of professional services, including mass appraisal services, which is essentially 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 Florida, Georgia, Illinois, Indiana, Ohio, Tennessee 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.
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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