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Tier Technologies Inc

 
Hoover's Profile: Tier Technologies, Inc.
(NASDAQ (GM):TIER)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

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: 412
Employee growth: (49.5%)

Tier Technologies helps the tax man get what's coming to him. The company provides electronic payments processing (EPP) services for federal, state, and local government entities, school districts, utilities, and other public sector clients. Through subsidiaries Official Payments and EPOS Corporation, it processed more than 10 million transactions in 2008 for payment of federal and state income taxes, state sales and use taxes, court fees, property taxes, and utility bills, among others. Tier Technologies' largest single customer is the Internal Revenue Service, which accounts for one quarter of sales.

Key numbers for fiscal year ending September, 2009:
Sales: $128.2M
One year growth: 4.6%
Net income: ($11.5)M

Officers:
CEO and Chairman: Ronald L. Rossetti
EVP and COO: Nina K. Vellayan
SVP Packaged Software and Systems Integration: Todd F. Vucovich

Competitors:
Computer Sciences Corp.
Link2Gov
Online Resources

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