-----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, Ju/f7R6U9BczGHvK/AeKtEvwy4McRizkLygJX9HrzkB1oqAeennD5FEj/eT1P91M FB+hplCCWVnslcoo8jnd6Q== 0001157523-05-009188.txt : 20051026 0001157523-05-009188.hdr.sgml : 20051026 20051026080045 ACCESSION NUMBER: 0001157523-05-009188 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20051026 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20051026 DATE AS OF CHANGE: 20051026 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NIC INC CENTRAL INDEX KEY: 0001065332 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MANAGEMENT CONSULTING SERVICES [8742] IRS NUMBER: 522077581 STATE OF INCORPORATION: CO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-26621 FILM NUMBER: 051155585 BUSINESS ADDRESS: STREET 1: 12 CORPORATE WOODS 10975 BENSON STREET STREET 2: SUITE 390 CITY: OVERLAND PARK STATE: KS ZIP: 66210 MAIL ADDRESS: STREET 1: 12 CORPORATE WOODS 10975 BENSON STREET STREET 2: SUITE 390 CITY: OVERLAND PARK STATE: KS ZIP: 66210 FORMER COMPANY: FORMER CONFORMED NAME: NATIONAL INFORMATION CONSORTIUM DATE OF NAME CHANGE: 19990618 FORMER COMPANY: FORMER CONFORMED NAME: NATIONAL INFORMATION CONSORTIUM INC DATE OF NAME CHANGE: 19990504 8-K 1 a5004430.txt NIC 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): October 26, 2005 ---------------- NIC INC. ------- (Exact name of registrant as specified in its charter) Colorado 000-26621 52-2077581 -------- --------- ---------- (State or other jurisdiction (Commission (I.R.S. Employer of incorporation or organization) File Number) Identification No.) 10540 South Ridgeview Road Olathe, Kansas 66061 -------------------- (Address of principal executive offices, including zip code) (877) 234-3468 -------------- (Registrant's telephone number, including area code) ITEM 7.01 REGULATION FD DISCLOSURE On October 26, 2005, NIC Inc. issued a press release announcing that the state of Colorado has signed an agreement with Colorado Interactive, a subsidiary of NIC Inc., to build and manage its enterprise eGovernment Web portal for up to nine years. A copy of the press release is furnished with this report on Form 8-K as Exhibit 99. ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS (c) Exhibits 99 - Press release issued by NIC Inc. dated October 26, 2005, announcing that the state of Colorado has signed an agreement with Colorado Interactive, a subsidiary of NIC Inc., to build and manage its enterprise eGovernment Web portal for up to nine years. 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. NIC Inc. Date: October 26, 2005 /s/ Stephen M. Kovzan --------------------- Stephen M. Kovzan Vice President, Financial Operations Chief Accounting Officer EX-99 2 a5004430ex99.txt EXHIBIT 99 - PRESS RELEASE EXHIBIT 99 NIC Wins Colorado Web Portal Management Contract; Colorado Signs Multi-Year Self-Funding Portal Agreement DENVER--(BUSINESS WIRE)--Oct. 26, 2005--The state of Colorado has chosen a subsidiary of NIC (Nasdaq:EGOV) to build and manage its enterprise eGovernment Web portal for up to nine years. Colorado has signed a five-year agreement for eGovernment services that has renewal options through 2014. NIC's Colorado Interactive subsidiary will deploy the self-funded model to provide the infrastructure and staff expertise required to develop, maintain, and host the eGovernment portal. Colorado will retain ownership of the content, data, and statutory fees. Colorado Interactive plans to hire more than a dozen employees in Denver over time to support the state's eGovernment operations. The state issued its bid for eGovernment services in October 2004, and awarded the contract to NIC from a competitive field that included BearingPoint and CGI-AMS. The necessary state agreements were approved recently by the appropriate state agencies, including the Colorado Statewide Internet Portal Authority, and key vendors. The first new services are expected to launch before the end of the year, and Colorado Interactive is currently working with state agencies and the Statewide Internet Portal Authority to identify and prioritize new applications to be introduced during the first year of the contract. As part of the contract, Colorado Interactive will transition state and local eGovernment services with online payment functionality to NIC's payment engine. Over time, Colorado Interactive will also redesign the state's official Web site and build upon the state's existing functionality. According to the 2000 U.S. Census, Colorado's population has risen to more than four and half million citizens. "We are honored that Colorado has chosen NIC to expand its eGovernment offerings, and we look forward to providing valuable online services to the state's citizens and businesses," said Jeff Fraser, Chief Executive Officer of NIC. Through its subsidiaries, NIC now manages official state portals and outsourced eGovernment services for 18 states, including Virginia, Indiana, Tennessee, Kentucky, Alabama, Utah, and Maine. Third Quarter and Full Year 2005 Outlook NIC does not expect the Colorado contract will materially affect its existing third quarter or full year 2005 projections. In third quarter 2005, NIC expects total revenues of $15.0 - $15.5 million, portal revenues of $14.2 - $14.5 million, and software and services revenues of $0.8 - $1.0 million. The Company also anticipates operating income between $3.6 - $3.8 million and net income of $2.1 - $2.3 million. For full year 2005, NIC expects total revenues of $54.4 - $56.0 million, portal revenues of $54.4 - $55.7 million, and software and services revenues of $0.3 million or less. The Company also anticipates operating income between $9.3 - $9.8 million and net income of $5.6 - $5.9 million. The Company will provide additional details in its third quarter earnings announcements on October 27, 2005. About NIC NIC manages more eGovernment services than any provider in the world. The company helps government communicate more effectively with citizens and businesses by putting essential services online. NIC provides eGovernment solutions for 2,000 state and local agencies that serve 60 million people in the United States. Additional information is available at www.nicusa.com. CONTACT: NIC Chris Neff, 435-645-8898 cneff@nicusa.com -----END PRIVACY-ENHANCED MESSAGE-----