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): January
17, 2014
NIC INC.
(Exact
name of registrant as specified in its charter)
|
Delaware |
000-26621 |
52-2077581 |
|
(State or other jurisdiction of incorporation or organization) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
25501 West Valley Parkway, Suite 300
Olathe, Kansas 66061
(Address
of principal executive offices, including zip code)
(877)
234-3468
(Registrant's telephone number, including area code)
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 7.01 REGULATION FD DISCLOSURE
On January 17, 2014, NIC Inc. issued a press release announcing that its wholly owned subsidiary, Connecticut Interactive, LLC, has been awarded a contract by the State of Connecticut to develop eGovernment services and manage the state’s official portal, http://www.ct.gov. The contract has an initial three-year term beginning January 2014, and the state of Connecticut has renewal options that can extend the contract through 2020. Agreements were recently finalized securing the initial primary funding source for the contract. The press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.
The information in Item 7.01 and Exhibit 99.1 is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth in such filing.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits
|
Exhibit No. |
Description |
|
|
| 99.1 |
Press release dated January 17, 2014 |
||
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: |
January 17, 2014 |
/s/ Stephen M. Kovzan |
||
|
Stephen M. Kovzan |
||||
|
Chief Financial Officer |
||||
Exhibit 99.1
Connecticut Becomes the Latest State to Partner with NIC Inc.
OLATHE, Kan.--(BUSINESS WIRE)--January 17, 2014--NIC Inc., (NASDAQ: EGOV) the dominant provider of official eGovernment services, today announced that the State of Connecticut has signed agreements with the Company’s wholly owned subsidiary, Connecticut Interactive, LLC, to provide self-funded eGovernment services and manage the state’s official web portal, http://www.ct.gov. The three-year agreement also includes renewal options that the state can exercise to extend the contract to 2020.
“Online government services with a mobile-enabled approach are no longer the exception, but the expectation,” said Mark Raymond, Chief Information Officer for the state of Connecticut. “We are excited about this partnership that will allow us to deliver the eGovernment innovation that Connecticut’s citizens and businesses expect and deserve.”
Connecticut Interactive will focus on creating an enhanced user experience on ct.gov, as well as developing additional mobile applications and new online services that benefit citizens and businesses.
“We truly view the solutions NIC delivers as a valuable public service,” said Harry Herington, NIC Chief Executive Officer and Chairman of the Board. “We are excited to bring our services to Connecticut, as we form a long-lasting partnership that can deliver thousands of positive government interactions each day online.”
Connecticut is the latest state to partner with NIC, joining Pennsylvania and Wisconsin, which began partnering with NIC over the past year.
About NIC
NIC Inc. (NASDAQ: EGOV) is the nation's leading provider of official government websites, online services, and secure payment processing solutions. The Company's innovative eGovernment services help reduce costs and increase efficiencies for government agencies, citizens, and businesses across the country. The family of NIC companies provides eGovernment solutions for more than 3,500 federal, state, and local agencies across the United States. Additional information is available at http://www.egov.com.
Cautionary Statement Regarding Forward-Looking Information
Any statements contained in this release that do not relate to historical or current facts constitute forward-looking statements. These statements may include statements regarding the Company’s potential financial performance for the current fiscal year, statements regarding the planned implementation of new portal contracts and statements regarding continued implementation of NIC’s business model and its development of new products and services. Forward-looking statements are subject to inherent risks and uncertainties and there can be no assurance that such statements will prove to be correct. There are a number of important factors that could cause actual results to differ materially from those suggested or indicated by such forward-looking statements. These include, among others, NIC’s ability to successfully integrate into its operations recently awarded eGovernment contracts; NIC's ability to implement its new portal contracts in a timely and cost-effective manner; NIC’s ability to successfully increase the adoption and use of eGovernment services; the possibility of reductions in fees or revenues as a result of budget deficits, government shutdowns or changes in government policy; the success of the Company in renewing existing contracts and in signing contracts with new states and federal government agencies; continued favorable government legislation; NIC’s ability to develop new services; existing states and agencies adopting those new services; acceptance of eGovernment services by businesses and citizens; competition; the possibility of security breaches through cyber attacks; general economic conditions; and the other important cautionary statements and risk factors described in NIC's 2012 Annual Report on Form 10-K filed with the Securities and Exchange Commission on February 28, 2013 and in subsequent periodic reports filed with the SEC. Any forward-looking statements made in this release speak only as of the date of this release. NIC does not intend to update these forward-looking statements and undertakes no duty to any person to provide any such update under any circumstances.
CONTACT:
NIC Inc.
Angela Davied, 913-754-7054
Director
of Communications
adavied@egov.com