GTY T echnology’s  Questica  Budgeting  Option  Continues  Its  Winning  Streak,  Onboarding  New  Government,  Education,  and  Healthcare  Organizations  onto  Its  Client  Roster

GTY T echnology’s Questica Budgeting Option Continues Its Winning Streak, Onboarding New Government, Education, and Healthcare Organizations onto Its Client Roster

By Anne Rowe for DPS board, March 16, 2019

LAS VEGAS–(BUSINESS WIRE)– GTY T echnology Holdings Inc. (Nasdaq:GTYH) (together with its operating
subsidiaries, “GTY”), a leading SaaS/Cloud solution for the public
sector and its affiliated segments, is delighted to announce current crucial
wins from Questica,
its subsidiary which supplies budget preparation and management software application

“The velocity of Questica’s wins is a reference point that highlights
that we are at a watershed minute in the life-cycle of the state & regional
federal government market,” stated Stephen Rohleder, Chairman and CEO of GTY. “As
leaders in SaaS solutions for this end-market, our budgeting solutions
deal the security, workflow, analytics and reporting abilities that
the end-user requires to make tactical, data-driven choices.”

“We have actually seen remarkable momentum considering that our announced deal with
GTY, as brand-new government, education and health care organizations have
selected Questica Budget Suite to be their single source of budget reality,”
said TJ P arass, founder and CEO of Questica. “Our growth extends
beyond brand-new clients, as lots of of our existing budget customers are including
our OpenBook transparency and spending plan book tools to develop an integrated
end-to-end budget plan management platform.”

Some of Questica’s brand-new consumers include:

  • The City of Seattle, Washington (pop. 747,000+; annual budget plan: $5.6
  • Clark County, WA (pop. 480,000; yearly budget $1+ billion)
  • Washington Suburban Sanitary Commission, MD (one of the biggest water
    and wastewater utilities in the U.S., serving 1.8 million homeowners)
  • North Texas Transit Authority (annual budget: $663 million)
  • The City of Knoxville, Tennessee (pop. 187,000; yearly spending plan: $376
  • Aurora Public Schools, Denver, CO (the 5th largest school district
    in the state comprised of 55 schools with 40,000 students)
  • Joseph Brant Hospital, Burlington, Ontario (1,700 workers; over 200
  • The Idaho Supreme Court (350 staff members; annual budget plan: $75 million)
  • The State University of New York Plattsburg (6,000 trainees; annual
    budget plan: $70 million)

“By signing up with together with Dave Farrell and his team at Sherpa Federal Government
Solutions through the GTY transaction, we appearance forward to bringing the
best of our organizations together so we can support even more public
sector clients looking to update their budgeting procedure,” said

About GTY T echnology Holdings Inc.
Innovation Holdings Inc.
(NASDAQ:GTYH) (“GTY”) brings leading
government innovation business together to accomplish a new standards in
citizen engagement and resource management. Through its 6
subsidiaries, GTY uses an user-friendly cloud-based suite of options for
state and local federal governments covering operates in procurement, payments,
grant management, budgeting, and permitting: Bonfire
offers strategic
and procurement software to enable positive and compliant
spend; CityBase
provides government payment services to link constituents with
energies and government companies; eCivis
offers a grant management system to optimize grant earnings and track
efficiency; Open
provides government payment software to guide candidates
through complex allowing and licensing treatments; Questica
provides budget preparation and management software application to provide on
monetary and non-financial strategic objectives; and Sherpa
provides public sector budgeting software application and consulting services.

About Questica
partners with public sector companies to better allow data-driven
budgeting and decision-making, while increasing data precision,
performance and improving stakeholder trust. Almost 700 companies
across North America have eliminated spreadsheets utilizing our budgeting,
performance, transparency and engagement services.

Forward-Looking Declarations
This press release includes
“forward-looking declarations” within the meaning of the “safe harbor”
provisions of the Private Securities Lawsuits Reform Act of 1995.
GTY’s actual results might vary from GTY’s expectations, estimates and
projections and, subsequently, you ought to not rely on these forward
looking statements as forecasts of future occasions. Words such as
“expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,”
“intend,” “plan,” “may,” “will,” “could,” “should,” “believes,”
“predicts,” “potential,” “continue,” and comparable expressions are
planned to determine such positive statements. These
positive statements consist of, without limitation, GTY’s
expectations with respect to future performance and expected impacts
of the organisation combination. These positive statements involve
significant threats and uncertainties that could cause the real results
to vary materially from the anticipated results. A lot of of these factors
are outside of GTY’s control and are challenging to anticipate. Aspects that
may cause such distinctions include, however are not minimal to: the threat
that GTY’s recent service combination interrupts existing plans and
operations; the capability to acknowledge the expected advantages of the
business mix, which might be affected by, among other things,
competition, the capability of GTY and its subsidiaries to grow and handle
development beneficially and keep their secret employees; costs associated to the
company mix; the result of the New York and California
lawsuits amongst the Company, OpenGov, Inc. and the other parties thereto;
changes in appropriate laws or guidelines; the possibility that GTY may
be negatively impacted by other financial, service, and/or competitive
factors; any federal government shutdown which impacted the capability of consumers
to purchase GTY’s products and services; and other threats and
unpredictabilities included in the last proxy declaration/prospectus submitted by
GTY with the Securities and Exchange Commission (the “SEC”) on January
31, 2019, including those under “Risk Factors” therein, and in GTY’s
other filings with the SEC. We care you that the foregoing list of
aspects is not special, and readers should not location excessive dependence
upon any forward-looking statements, which speak just as of the date
made. We do not carry out or accept any commitment or endeavor to
release openly any updates or revisions to any positive
statements to show any modification in our expectations or any change in
events, conditions or situations on which any such declaration is based.