For Immediate Release:

UTAH MULTI-COUNTY APPRAISAL TRUST SELECTS CCI

FORT COLLINS, Colo., July 22, 2009 – It is with great excitement that Colorado CustomWare, Inc. (CCI) announces the completion of a multi-million dollar contract with the Utah Multi-County Appraisal Trust (MCAT) to provide Computer Assisted Mass Appraisal (CAMA) software to any county in the State of Utah. This partnership is unique and revolutionary in that the agreement between CCI and MCAT allows any Utah county to implement CCI’s software without conducting a lengthy and expensive RFP (Request for Proposal) process. This enables jurisdictions to comply with new legislative mandates quickly and at a pre-arranged price.

CCI participated in an extensive due diligence process in the third quarter of 2008. The procedure included a response to a detailed list of functional requirements, an on-site demonstration of software capabilities, and client reference checks. The selection committee was comprised of representatives from each of Utah’s Class Two counties (jurisdictions with a population between 125,000 and 700,000).

In 2008, new legislative requirements mandated that all Class Two counties (Davis, Weber, Utah and Washington counties) obtain a fully developed multi-year CAMA system. Utah legislators, working together with Utah assessors and the Utah Association of Counties (UAC), wanted to ensure these counties would be effectively valuing property and utilizing accepted methods employed by a fully featured CAMA system.

A second change, which created funding for a new statewide system, was formalized early this year by Utah legislators. The funding did not require additional taxes but used a new formula for the collection of monies by each county into a fund directed by MCAT. Each county in Utah has a representative on the MCAT board.

According to Utah County Assessor Kris Paulson, “After conducting our search, CCI was the obvious choice for our group. They have an amazing track record of success with multi-county deployments and an extremely robust and flexible product. Their .NET application exceeds the requirements set out by Utah legislators last year and gives us options for using it across several other offices in the county. When you combine all of that with the corporate culture of CCI, it was a straight-forward decision.”

“This collaboration is mutually beneficial,” stated Lori Schlotter, CCI’s President and CEO. “It provides CCI with new opportunities and increased visibility in the marketplace while providing the counties with the software and the services to meet legislative requirements. We are thrilled to have them as a part of our growing customer base.”

Utah County and Class Three Uintah County were the first two to take advantage of this new partnership. They are scheduled to begin using the system in early 2010 and are currently in the project execution phase. Davis and Weber counties also formalized their agreement with CCI and will go-live on the system in the second quarter of 2010. Washington County has been a CCI client since 2002.

When asked about his experience with CCI, Washington County Assessor Art Partridge said, “In the seven years Washington County has used CCI’s CAMA product, RealWare, we have been able to reduce the cost of each appraisal by $50, have broadened our tax base from $6 billion to $13 billion, and have only had to hire one employee. The savings alone paid for RealWare several times over.”

About CCI: CCI provides jurisdictions across the country with Assessment and Collections solutions that improve office efficiencies while offering uncompromised customer support. Their customer base spans from coast to coast with installations in 73 jurisdictions in 15 states.

CCI's Mission: Empowering individuals to Change the World!

For additional information on CCI, please visit www.coloradocustomware.com, or call 800.806.7896 x 25.