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):
June 1, 2009
NIC
Inc.
(Exact
name of registrant as specified in its charter)
|
Delaware |
000-26621 |
52-2077581 |
|
(State or other jurisdiction of incorporation) |
(Commission
|
(I.R.S.
Employer
|
|
25501 West Valley Parkway, Suite 300 Olathe, Kansas 66061 |
|
(Address of principal executive office)(Zip code) |
(877)
234-3468
(
Former
name or former address, if changed since last report
)
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 7.01 Regulation FD Disclosure
On June 1, 2009, NIC Inc. (the “Company”) issued a press release announcing that it has been awarded the New Mexico Motor Vehicle Division (“MVD”) contract to manage the driver history database for up to four years. The contract has an initial one-year term and MVD has three one-year renewal options that run through June 2013. The press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.
The information in this 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 June 1, 2009 |
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. | ||
| By: | /s/ Stephen M. Kovzan | |
|
Stephen M. Kovzan
Chief Financial Officer |
||
Date: June 1, 2009
INDEX TO EXHIBITS
|
Exhibit Number |
Description |
| 99.1 | Press release dated June 1, 2009 |
Exhibit 99.1
NIC Wins New Mexico Motor Vehicle Division Contract for Driver History Database
OLATHE, Kan.--(BUSINESS WIRE)--June 1, 2009--eGovernment provider NIC Inc. (NASDAQ: EGOV) today announced it has been awarded the New Mexico Motor Vehicle Division (MVD) contract to manage the state’s driver history database for up to four years.
The contract has an initial one-year term and MVD has three annual renewal options that run through June 2013. The work will be executed under a no-cost, self-funded model in which NIC earns revenue from modest transaction fees.
“We are helping New Mexico align with the national security standards by implementing a single driver and vehicle record database with access controls that are compliant with federal and state laws,” said Harry Herington, Chairman of the Board and Chief Executive Officer of NIC. “We’re honored to help MVD lead the way to even better customer service and enhanced data security. We put privacy and security first and New Mexicans can rest assured that their driving and vehicle records will be handled in accordance with applicable laws through a single database that is controlled by the state.”
Driving records are provided for a modest fee to insurance companies and authorized employers who check driving history as part of their business decision-making process. NIC manages secure access to driver record systems in 22 other states.
In January, the state Taxation and Revenue Department, on behalf of its Motor Vehicle Division, issued a request for proposal for qualified vendors with experience in managing access to large databases and developing online services and information for MVD customers. NIC and IBM were the finalists.
The MVD service is expected to launch this fall. The state of New Mexico has a population of nearly 2 million people. With this contract, NIC now provides eGovernment services to 97 million people in the United States.
About NIC
NIC is the nation’s leading provider of official government 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. NIC provides eGovernment solutions for more than 3,000 federal, state, and local agencies that serve 97 million people in the United States. Additional information is available at http://www.nicusa.com .
“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995
Any statements contained in this release that do not relate to historical or current facts constitute forward-looking statements. These statements include NIC’s financial guidance for the current fiscal year 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, the success of the Company in signing contracts with new states and government agencies, including 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; and general economic conditions (including the recent worsening in such conditions) and the other important cautionary statements and risk factors described in NIC's 2008 Annual Report on Form 10-K filed on March 13, 2009, with the Securities and Exchange Commission (SEC), and NIC’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2009, filed with the SEC on May 5, 2009. 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.
Nancy Beaton, 913-754-7054
nbeaton@nicusa.com