UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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): July 30, 2007
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NIC INC.
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(Exact name of registrant as specified in its charter)
Colorado 000-26621 52-2077581
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(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification No.)
10540 South Ridgeview Road
Olathe, Kansas 66061
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(Address of principal executive offices, including zip code)
(877) 234-3468
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(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 (see General Instruction A.2. below):
[ ] 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 July 30, 2007, NIC Inc. ("NIC" or the "Company") issued a press release
announcing that the state of Arizona recently finalized a three-year agreement
with the Company to operate the state's official Web site, Arizona@YourService
(http://az.gov). The contract runs through 2010 with renewal options that extend
through June 2013. Arizona issued its competitive bid in February 2007 and chose
NIC from a competitive field.
The contract includes recurring fixed monthly fees for baseline services and
project-based pricing for variable services. The value of the initial three-year
contract for core baseline services is $5.7 million and the state may choose
additional baseline service levels that could add $3 million to $9 million to
the contract's overall value. NIC also can earn additional revenues through
deployment of variable services.
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 July 30, 2007
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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: July 30, 2007 /s/ Stephen M. Kovzan
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Stephen M. Kovzan
Vice President, Financial Operations
Chief Accounting Officer
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