-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, J4CChUM4npfcOJ1uymJRxiAmb9X4yaUHb5zs/D0V3vnfhcO3se12//Ty6+b0nOk6 gNKg9ILuO8tb7aGjw/ZRXg== 0001157523-07-002643.txt : 20070314 0001157523-07-002643.hdr.sgml : 20070314 20070314083140 ACCESSION NUMBER: 0001157523-07-002643 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20070313 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20070314 DATE AS OF CHANGE: 20070314 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MAXIMUS INC CENTRAL INDEX KEY: 0001032220 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MANAGEMENT CONSULTING SERVICES [8742] IRS NUMBER: 541000588 STATE OF INCORPORATION: VA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12997 FILM NUMBER: 07692221 BUSINESS ADDRESS: STREET 1: ATTN: TREASURY DEPT. STREET 2: 11419 SUNSET HILLS ROAD CITY: RESTON STATE: VA ZIP: 20190 BUSINESS PHONE: 7032518500 MAIL ADDRESS: STREET 1: ATTN: TREASURY DEPT. STREET 2: 11419 SUNSET HILLS ROAD CITY: RESTON STATE: VA ZIP: 20190 8-K 1 a5354504.txt MAXIMUS, INC. 8-K ================================================================================ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ----------- FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): March 13, 2007 ----------- MAXIMUS, INC. (Exact name of registrant as specified in its charter) Virginia 1-12997 54-1000588 (State or other (Commission File Number) (I.R.S. Employer jurisdiction Identification No.) of incorporation) 11419 Sunset Hills Road, Reston, Virginia 20190-5207 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (703) 251-8500 Not Applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: |_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) ================================================================================ Item 8.01 Other Events. On March 13, 2007 the Company issued a press release announcing that the Company is in the process of executing separate agreements with the Texas Health and Human Services Commission to administer a long-term Medicaid Enrollment Broker program and to provide support services to maintain program continuity on the State's Children's Health Insurance program on an interim basis. The full text of the press release is filed as Exhibit 99.1 to this Current Report on Form 8-K and incorporated by reference into this Item 8.01. Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description ----------- ------------------------------------------------- 99.1 Press release dated March 13, 2007 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MAXIMUS, Inc. Date: March 13, 2007 By: /s/ David R. Francis --------------------------------- David R. Francis General Counsel and Secretary EXHIBIT INDEX Exhibit No. Description ----------- ----------- 99.1 Press Release dated March 13, 2007 EX-99.1 2 a5354504ex99-1.txt EXHIBIT 99.1 Exhibit 99.1 MAXIMUS to Provide Program Continuity for Texas Health and Human Services Commission RESTON, Va.--(BUSINESS WIRE)--March 13, 2007--MAXIMUS (NYSE:MMS), a leading provider of government services, announced today that the Company is in the process of executing separate agreements with the Texas Health and Human Services Commission (HHSC) to administer a long-term Medicaid Enrollment Broker (EB) program and to provide support services to maintain program continuity on the State's Children's Health Insurance Program (CHIP) on an interim basis. The State announced today that it would begin winding down its contract with the Texas Access Alliance. Details regarding the HHSC announcement may be found at: http://www.hhs.state.tx.us/news/release.shtml The Company is working with HHSC to finalize the terms of the agreements. The contract terms are expected to be finalized shortly and to be accretive when effective. MAXIMUS has successfully managed the State's EB operations since 1997 and currently expects that it will continue running those operations through June 2010. Separately, under an interim agreement, MAXIMUS will provide operational support for CHIP, including systems and staffing to process applications. Richard Montoni, President and Chief Executive Officer, stated, "MAXIMUS has had a long and successful relationship with the State of Texas. We welcome the opportunity to establish a direct contractual agreement with the State under an appropriate financial structure. We look forward to working with the State to achieve their operational objectives in the areas of health and human services on behalf of their constituents." MAXIMUS remains in arbitration proceedings with Accenture, the former prime contractor on the Texas Access Alliance, and cannot provide any update on this process at this time. The Company cannot predict the outcome of the arbitration proceeding or the impact it may have on its operating results or financial condition. MAXIMUS is one of America's leading government services companies devoted to providing program management, consulting and information technology services. The Company has more than 5,200 employees located in more than 220 offices in the United States, Canada and Australia. In 1999, 2001, 2002, 2003, and 2005 MAXIMUS was selected by Forbes Magazine as one of the Best 200 Small Companies in America for that year. Additionally, MAXIMUS is included in the Russell 2000 Index and the S&P SmallCap 600 Index. Statements that are not historical facts, including statements about the Company's confidence and strategies and the Company's expectations about revenues, results of operations, profitability, future contracts, market opportunities, market demand or acceptance of the Company's products are forward-looking statements that involve risks and uncertainties. These uncertainties could cause the Company's actual results to differ materially from those indicated by such forward-looking statements and include reliance on government clients; risks associated with government contracting; risks involved in managing government projects; legislative changes and political developments; opposition from government unions; challenges resulting from growth; adverse publicity; and legal, economic, and other risks detailed in Exhibit 99.1 to the Company's most recent quarterly on Form 10-Q filed with the Securities and Exchange Commission (file number 001-12997). CONTACT: MAXIMUS Investor Relations: Lisa Miles, 703-251-8637 or Public/Media Relations: Rachael Rowland, 703-251-8688 -----END PRIVACY-ENHANCED MESSAGE-----