Tyler Technologies, Inc. (NYSE: TYL) announced today that it has been named to the Forbes list of the “100 Best Small Companies in America.” Tyler ranks No. 25 on the list, which is 11 spots higher than Tyler’s ranking last year. Tyler has appeared on the Forbes list seven times since 2004. The full list is available on the Forbes website.
To qualify as a “100 Best Small Companies” candidate, a company must have revenues of $5 million to $1 billion, be publicly traded for at least a year, and have a share price above $5. The criteria used to judge the candidates include return on equity, sustained sales and earnings growth in the past 12 months and over five years, and stock performance versus each company’s peer group, among other measures.
“We are honored to be ranked in the top 25 by Forbes as one of the best small companies in America,” said John S. Marr Jr., president and chief executive officer of Tyler Technologies. “This year’s ranking, our highest ever on the Forbes list, reflects the value we create for investors through consistent revenue growth and solid financial performance that is achieved largely by being a trusted, long-term business partner for our local government and school clients.”
Tyler Technologies is the largest company exclusively focused on public sector software and services, with more than 11,000 local government offices in its client base.About Tyler Technologies, Inc. Tyler Technologies (NYSE: TYL) is a leading provider of end-to-end information management solutions and services for local governments. Tyler partners with clients to empower the public sector — cities, counties, schools and other government entities — to become more efficient, more accessible and more responsive to the needs of citizens. Tyler’s client base includes more than 11,000 local government offices in all 50 states, Canada, the Caribbean, the United Kingdom and other international locations. Forbes has named Tyler one of “America’s Best Small Companies” seven times and the company has been included four times on the Barron’s 400 Index, a measure of the most promising companies in America. More information about Plano-based Tyler Technologies can be found at www.tylertech.com.