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Tier Technologies, Inc.

 
Hoover's Company Profiles:

Tier Technologies, Inc.

(NASDAQ:TIER)
Contact Information
Tier Technologies, Inc.
10780 Parkridge Blvd., 4th Fl.
Reston, VA 20191
VA Tel. 571-382-1000
Fax 571-382-1002

Type: Public
On the web: http://www.tier.com
Employees: 243
Employee growth: 0.0%

Tier Technologies helps the tax man get what's coming to him. The company provides electronic payments solutions (EPS) services for federal, state, and local government entities, as well as utilities, colleges and universities, and commercial clients. Through its main subsidiary, Official Payments, the company processes more than 18 million transactions each year for payment of federal and state income taxes, business and property taxes, court fees and fines, and utility bills, among others. It handles more than $7 billion annually. Payments can be made online, over the phone, or at the point-of-sale. EPS accounts for more than 95% of the company's revenue.

Key numbers for fiscal year ending September, 2011:
Sales: $130.2M
One year growth: (0.0%)
Net income: ($7.2)M

Officers:
Chairman: Philip G. (Phil) Heasley
President, CEO, and Director: Alex P. Hart
SVP Strategic Marketing: Keith Kendrick

Competitors:
Link2Gov
Online Resources
WorldPay

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