More than 5,000 publicly traded technology companies were
evaluated by Forbes for the ranking. Criteria included
profitability, minimum revenue of $150 million, minimum
market value of $500 million, sales growth of at least 10
percent for each of the past three fiscal years and over
the latest 12 months, and three-to-five year estimated
earnings-per-share growth rates greater than 10 percent. In
addition, companies were ranked based on their three-year
average sales growth rates.
"To be ranked among companies of such high caliber as one
of the fastest growing technology companies in America is a
huge honor," said Harry Herington, NIC Chief Executive
Officer and Chairman of the Board. "We are very proud to be
the only Midwestern company on the list, proving that great
innovation is not confined to Silicon Valley - it takes
place right here in the Heartland."
NIC Inc. (NASDAQ: EGOV)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. Founded in 1992, NIC is headquartered in
Olathe, Kansas, and has offices in 28 states. Additional
information is available at http://www.egov.com.