Manatron Announces a $1.8 Million Reassessment Contract with Marion County (Indianapolis), Indiana to Use Manatron’s GRM(R) CAMA Software for Valuation, Statistical Modeling and Analysis

KALAMAZOO, Mich., Oct. 18 /PRNewswire-FirstCall/ — Manatron, Inc. (Nasdaq: MANA) the nation’s leading provider of integrated, enterprise-level property tax solutions for state and local governments announced that it has received a $1.8 million contract to evaluate the current market value of the commercial and industrial properties in Marion County (Indianapolis), Indiana using Manatron’s GRM CAMA software and statistical regression and modeling methods to derive new property values. Once the revaluation is complete, all results and data will be provided back to the county to maintain on their in- house system for future use.

Indiana Governor Mitch Daniels ordered a freeze on all residential property taxes in Marion County and also called for the reassessment of all business properties to be completed by February 1, 2008. Manatron was selected after Marion County solicited bids from professional appraisers and software companies who are currently certified by the Indiana Department of Local Government Finance (DLGF) to perform such work.

Manatron has partnered with the Schneider Corporation, an Indianapolis- based, Women Business Enterprise, to provide GIS (Geographic Information Systems) Assessment Analysis services. Manatron will utilize Schneider’s expertise in GIS to assist with this project.

Marion County is located in central Indiana and is the largest county in Indiana with an estimated population of approximately 865,000 people and over 360,000 parcels of property. The county seat is Indianapolis.

“We are pleased to have the opportunity to serve this highly visible and important county in Indiana, where we have been providing property solutions and services for over 30 years,” said Paul Sylvester, Manatron’s Chief Executive Officer.

Bill McKinzie, Manatron’s President and Chief Operating Officer added: “This unique project requires an intimate knowledge of systems and appraisal within the State of Indiana. We will leverage our GRM CAMA software, as well as our newly acquired regression analysis skills from the Sigma acquisition, to deliver a solid solution for the County. This project reinforces Manatron’s market position as the property tax leader in the State of Indiana.”

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, New York, Ohio, Pennsylvania, Texas and Washington. Manatron currently serves approximately 1,400 customers in 40 states, two Canadian territories, South Africa and the U.S. Virgin Islands. Information about Manatron, Inc. is available at the Company’s site on the World Wide Web at http://www.manatron.com.

About The Schneider Corporation: Founded in 1962 and headquartered in Indianapolis, Indiana, The Schneider Corporation is a full-service national engineering firm. The company is a third-generation, family-owned company, serving a range of clients with eight offices and over 300 professionals. Schneider applies professional expertise and sophisticated technology in the areas of Engineering, Geographic Information Systems (GIS), and Land Surveying to collect, create, and manage vital information for clients in both the private and public sectors. For more information, please visit http://www.schneidercorp.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.
CONTACT:
Paul Sylvester, Co-Chairman and CEO     or    Cameron Donahue
Manatron, Inc.                                Hayden Communications, Inc.
(269) 567-2900                                (651) 653-1854
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SOURCE Manatron, Inc.

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