For Immediate Release:

CCI SIGNS CONTRACT WITH MULTNOMAH COUNTY

FORT COLLINS, Colo., August 4, 2009 – It is with pride and enthusiasm that Colorado CustomWare, Inc. (CCI) announces the commencement of a contract with Multnomah County, Oregon, to provide the Portland-area county of more than 700,000 residents with a fully integrated assessment, tax collection, and workflow system. After an extensive selection process, CCI was awarded the bid on January 20 and has conducted a thorough statement of work through mid June to ensure that the project successfully meets user expectations and the legislative mandates of Oregon’s Measures 5 and 50.

Oregon voters approved Measure 50 in 1997, which set the assessed value of all properties to 90 percent of their 1995-1996 assessed value and limits increases in the assessed value of a property to three percent per year, exclusive of major new construction and use changes.

Measure 5, which was approved in 1990, imposed permanent rate limits on taxes paid by individual properties to $5 per $1000 real market value for school taxes and $10 per $1000 of real market value for general government taxes. Property taxes in Oregon are calculated using the assessed value of a property and then checked to make sure those taxes do not exceed the set limits against the real market value of the property per tax type (School and General). If rates exceed those limits, then "rate compression" brings a property’s rates back into the set limits. Local option levies – which must be approved by voters in a “double majority”– are the only levies that are outside of the rate limits.

“After a comprehensive public procurement process, Multnomah County is very pleased to have selected CCI as the vendor to replace our outdated software solution,” said Multnomah County Assessor Randy Walruff. “The company’s uniquely integrated suite of products will provide a cost effective way to manage public resources, and the company’s corporate and community culture align with Multnomah county's core values.”

“We could not be more thrilled to be working with Multnomah County,” said Lori Schlotter, President and CEO of CCI. “CCI has been closely monitoring the needs and culture of this progressive and innovative county over the years, and this selection process was an ideal time to demonstrate that our products and services would be the very best solution for them.

CCI’s solution set encompasses computer assisted mass appraisal (CAMA) software, interactive GIS, field data collection, building permit integration, tax collections, cross-department-integrated workflow, distributions software, PMI-endorsed project management, and IAAO-certified training. These organically integrated solutions, developed entirely in Microsoft .Net, will provide Multnomah County with the software, resources, and methodologies to ensure that their project is a success and that tax dollars are being used wisely.

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 125.