Manatron Expands Footprint in Indiana
09 November 2006 - 4:06AM
PR Newswire (US)
KALAMAZOO, Mich., Nov. 8 /PRNewswire-FirstCall/ -- Manatron, Inc.
(NASDAQ:MANA), a leading provider of software products and services
for State and local governments, including its Government Revenue
Management(R) (GRM(R)) software, today announced over $1 million of
new business in Indiana, one of its core markets. Manatron recently
received a contract from Lake County, Indiana for its iDox product,
through its distribution partnership with DoxTek, Inc. a leading
provider of enterprise-wide electronic document solutions. iDox
enables counties to electronically file personal property and sales
disclosure forms that are in full compliance with state legislation
and seamlessly interface with Manatron's MVP Tax system. Users are
able to leverage their investment by exporting data from the iDox
system directly into Manatron's tax billing system. Lake County,
the second largest county in Indiana, and home to Gary, Indiana, is
Manatron's largest client in the state with more than 250,000
parcels and 200 users of its Property Tax and CAMA software. Lake
was the first county in Indiana to purchase and implement
Manatron's MVP Tax solution back in 2000 and has been using
Manatron's CAMA solution for over 10 years. The iDox solution has
now been sold to 41 counties in Indiana. "It always pleases us to
announce additional business with existing customers," said Paul
Sylvester, Manatron's Co-Chairman and CEO. "Lake County has been a
great client for us and continues to expand its relationship with
Manatron. They also recently ordered a new server from us and
contracted for services to help image the County's property
ownership cards going all the way back to the 1930's and linking
these records to our property tax system." Manatron also announced
a new contract with Vigo County, Indiana for its MVP Tax system.
Vigo County has over 96,000 Real, Personal, and Mobile Home
parcels, is home to Terre Haute and is located about 75 miles west
of Indianapolis. Vigo is migrating from an old, internally
developed property tax system, and will be the 53rd county in
Indiana to implement Manatron's MVP Tax software. "These contracts
highlight both our ability to penetrate deeper into our installed
base, as well as the opportunity for us to add new clients in
certain markets," said Bill McKinzie, Manatron's President and
Chief Operating Officer. "Indiana is one of our largest markets,
and we remain active in pursuing additional business there. Strong
client relationships, our track record of providing excellent value
and functionality, and our correct assessment of future customer
needs continue to serve us well. We look forward to working with
Vigo County and serving our many clients in this market well into
the future." 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 mass
appraisal services, which includes 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/.
About DoxTek, Inc.: DoxTek is a Utah corporation with two regional
offices in Indiana. They specialize in high-speed scanning systems,
electronic forms, business process automation, and information
management solutions. Their products and services center on
capturing, managing, storing, retrieving and outputting information
electronically -- thus automating numerous business processes
resulting in substantial productivity gains for the end user.
Currently, DoxTek services hundreds of clients in both the public
and private sector, including several in the State of Indiana.
Information about DoxTek, Inc. is available at
http://www.doxtek.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/ . DATASOURCE: Manatron, Inc. CONTACT: Paul
Sylvester, Co-Chairman & CEO of Manatron, Inc.,
+1-269-567-2900, ; or Cameron Donahue of Hayden Communications,
Inc., +1-651-653-1854, , for Manatron, Inc. Web site:
http://www.manatron.com/ http://www.doxtek.com/
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