Rancho Cordova, California, Selects Hansen Government ERP, Including Hosted Financials, Assets, CRM, and Building Permits

FOR IMMEDIATE RELEASE:

Contact:
Shellie White
P: (916) 921-0883, ext. 3522
E: shellie.white@hansen.com


RANCHO CORDOVA, California, March 9, 2005 – Hansen Information Technologies (Hansen®) today announced that it was selected to provide a comprehensive Government ERP solution for the City of Rancho Cordova, California. In addition to deploying Microsoft Business Solutions (MBS) Great Plains Financials for Government, Hansen will also provide its integrated Assets, Building Permit, CAFR Reporting, Cashiering, Citizen Relationship Management (CRM), GIS, Licensing, and Pavement Management solutions. The new system will be hosted from Hansen's high-speed data center.

"A key reason for our selection was Hansen's ability to satisfy all our requirements for an integrated financial and operational solution using a single vendor," stated Bill Thomas, Chief Financial Officer, City of Rancho Cordova. "As a new city that is staffed with people having decades of experience in managing local government, we have the unique opportunity to do everything right, from the start."

The City of Rancho Cordova was created in 2003 as a result of its annexation from Sacramento County. One of the first employees hired to help run the city was City Manager Ted Gaebler, co-author of the best selling books "Reinventing Government: How the Entrepreneurial Spirit Is Transforming the Public Sector" and "Positive Outcomes: Raising the Bar on Government Reinvention". "I've known Hansen for years and it's great to finally outfit a city with next-generation tools to better serve our constituents," stated Gaebler. "The City expects to triple its population within the next five years, due to a continued housing boom. Therefore, it's important to provide outstanding customer service during this time of unprecedented growth."

As part of the project, Hansen will implement Microsoft's Great Plains Financials, including General Ledger, Human Resources, Payroll, Fund Accounting, and Encumbrance Accounting. A key deliverable of the project will be Hansen's GASB 34 Asset Accounting module. As part of its scope of work, Hansen will conduct a comprehensive condition assessment of the City's roads and will supply its beginning balances to make the City eligible to adopt the Modified Approach for GASB 34, thus eliminating the need to recognize depreciation expense.

"Hansen is becoming the industry standard in allowing agencies to capitalize their fixed assets and discontinue depreciation," stated Chuck Hansen, Hansen's CEO. "By establishing a detailed valuation of your fixed assets and committing to quantifiable service levels for those assets, government agencies can benefit from increasing the long term value of their assets."

About the City of Rancho Cordova, California
Rancho Cordova celebrated its first day of cityhood on July 1, 2003. According to the 2000 Census, the population of the City was 53,605. Home to a number of leading Californian companies, the City of Rancho Cordova is experiencing increasing demand in housing, resulting from rapid growth in employment from the high tech, electronics, and service industries. The largest employers in the City include Delta Dental, Bank of America, GenCorp, SureWest Communications, Intel, Nextel, and Vision Service Plan. For more information, please visit the City's Web site at www.cityofranchocordova.org.

About Hansen Information Technologies
Hansen is the world’s leading provider of applications that help manage the daily operations of government. Hansen’s integrated suite of performance management solutions include Enterprise Asset Management (EAM), Building Permit, Business Licensing, Business Intelligence, Citizen Relationship Management (CRM), Code Enforcement, Financials, GIS, HR & Payroll, Property Tax, Timesheet Reporting, Transportation, Utility Billing, and Web Portal applications. Major customers include 15 of the 25 largest city and county governments in the United States.

Headquartered in Rancho Cordova, California the company is a privately-held corporation employing over 250 people.

For more information, please visit Hansen's Web site at www.hansen.com.