OLATHE, Kan. – October 10, 2013 – NIC Inc., (NASDAQ: EGOV) the dominant provider of official eGovernment services, today announced it ranked no. 11 on Forbes’ list of the “100 Best Small Companies in America.” This marks the fifth consecutive year the company has made the list, rising from a no. 31 ranking in 2012. NIC continues to be the only company headquartered in Kansas to make the list.
“This is a great honor for NIC,” said Harry Herington, NIC Chief Executive Officer and Chairman of the Board. “To be ranked so highly within this exclusive list of companies reinforces all of our hard work, as we focus on our core business and work every day to make government more efficient. Thank you to our 775 employees, board of directors, and partners for their support and dedication.”
The list ranked companies that had been publicly traded for at least a year, with annual revenue between $5 million and $1 billion. Criteria included earnings growth, sales growth, and return on equity in the past 12 months and over five years, as well as stock performance.
Complete coverage of Forbes’ “100 Best Small Companies in America” can be found at http://www.forbes.com/best-small-companies/. The coverage also includes quotes from Herington regarding tips for success (http://www.forbes.com/pictures/feki45kdki/harry-herington-ceo-nic/) and about how he spends his day as CEO (http://www.forbes.com/sites/karstenstrauss/2013/10/10/a-day-in-the-life-of-a-ceo-whos-crushing-it/).
About NIC
Founded in 1992, NIC 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 in the United States. Headquartered in Olathe, Kansas, NIC has offices in 28 states and the District of Columbia. Additional information is available at http://www.egov.com/.
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