Tier Technologies / TIER
About Tier Technologies
10780 Parkridge Blvd., Fourth Floor, Reston, Va. 20191
www.tier.com
| 571-382-1000
| Founded: 1991
Industry: Information Technology | Category: Public Companies
Tier Technologies offers electronic payment processing, business process outsourcing, and packaged software and systems integration. Among other things, the company handles financial-transaction processing services, including child-support payments and electronic payment systems. Its subsidiary, Official Payments, processes credit and debit card payments and other transactions for the IRS, 25 states and the District, along with 2,500 counties and municipalities.
2007 Financial Data
Revenues: $111,148,000 | Net Income: $-3,034,000Asssets: $166,424,000 | Earnings Per Share: $-0.16
Stockholder Equity: $137,514,000 | Annual Dividend: $0.00
Total employees: 816 | Local employees: 105
Company Leadership
| Charles Berger | Director |
| Samuel Cabot | Lead Director |
| John J. Delucca | Director |
| Morgan Guenther | Director |
| Ronald L. Rossetti | Chairman and Chief Executive Officer |
| James R. Stone | Independent Director |
Source: Compensation data provided by Equilar, Inc..
Did You Know
IT'S BACK: After being delisted from the Nasdaq because of accounting and financial-reporting problems, Tier began trading again last year.
