TIER Tier Reit, Inc.

All vendors interested in working with Nassau County may now register and solicit bids electronically through the county's new eProcurement system. Nassau is a county of 1.3 million residents with a $2.4 billion budget, located on Long Island, NY. This eProcurement system, developed and implemented by Tier Technologies (Nasdaq:TIER), automates Nassau County's traditionally paper-based procurement process through the use of modern Internet technology. Following online registration and certification, vendors may now participate in an online bid solicitation process. Nassau County maintains a public online bid solicitation board where it posts information about county Invitations to Bid and Requests for Proposals (RFP), and where all vendors may view, download and respond electronically to solicitations. Additionally, vendors may indicate the types of commodities or services they provide and opt for electronic notification of any bids specifically related to their commodities or services. "Nassau County's more than 20,000 vendors, from the smallest to the largest, now have access to all county bids on a real-time, 24/7 basis through our new electronic marketplace," said Nassau County Executive Thomas R. Suozzi. The system is now available for vendor registration at http://eproc.nassaucountyny.gov/ or on the County's homepage under "eServices for Business." "It gives us great pleasure to work with Nassau County, a county with a strong track record of embracing technology change for the benefit of its constituents, in implementing this leading-edge eProcurement solution," said James R. Weaver, Tier's Chairman and Chief Executive Officer. "This implementation is a testimony to Tier's commitment to delivering and supporting the best public sector eProcurement solutions to government agencies that are leveraging the Internet to significantly improve the way they buy products and services." Nassau County's eProcurement system is based on Tier's WebProcure, a fully integrated web-based procurement solution specifically designed for public sector agencies. WebProcure enhances the relationship between suppliers and public sector buyers by streamlining the bid/quote process, automating order management, and improving communication about government business opportunities. WebProcure provides complete requisition and purchase order tools, powerful workflow management and electronic approvals, online bidding and quotation processing, industry standard eCatalog support, and proven tools that provide safe and secure financial system integration. Tier offers a full range of integrated financial management solutions, including mainframe, client/server and web based solutions that meet the complex financial management challenges of its public sector clients. About Tier Tier is a leading provider of transaction processing and packaged software and systems integration services for public sector clients. We combine our understanding of enterprise-wide systems with domain knowledge enabling our clients to rapidly channel emerging technologies into their operations. We focus on sectors that we believe are driven by forces that make demand for our services less discretionary and are likely to provide us with recurring long-term revenue streams. More information about the Company is available at www.Tier.com. Statements made in this press release that are not historical facts, including statements regarding expectations for future revenues, earnings, and expenses, are forward-looking statements that are made pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995. Tier undertakes no obligation to update any such forward-looking statements. Each of these statements is made as of the date hereof based only on current information and expectations that are inherently subject to change and involve a number of risks and uncertainties. Actual events or results may differ materially from those projected in any of such statements due to various factors, including but not limited to the potential loss of funding by clients, including due to government budget shortfalls or revisions to mandated statutes; failure to achieve anticipated gross margin levels with respect to individual projects, including due to unanticipated costs incurred in fixed-price or transaction-based projects; the timing, initiation, completion, renewal, extension or early termination of client projects; the Company's ability to realize revenues from its business development opportunities and achieve cost savings from its restructuring activities; and unanticipated claims as a result of project performance, including due to the failure of software providers or subcontractors to satisfactorily complete engagements. For a discussion of these and other factors which may cause our actual events or results to differ from those projected, please refer to the Company's annual report on Form 10-K for the year ended Sept. 30, 2004, our most recent quarterly report on Form 10-Q for the quarter ended June 30, 2005, as well as other filings with the SEC.