NIC Conquest to Provide eGovernment Filing Services for New York State; NIC Subsidiary to Support XML Batch Transfers of UCC Filings for the Department of State

Business Wire, Feb 16, 2001

Business Editors

NAPLES, Fla.--(BUSINESS WIRE)--Feb. 16, 2001

NIC Conquest, a leading provider of eGovernment services for Secretaries of State and a subsidiary of NIC (Nasdaq:EGOV), today announced it will build a next-generation filing application for the New York State Department of State.

The system will allow the Department of State to accept XML batch transfers of Uniform Commercial Code (UCC) documents directly into its UCC database. New York is one of the three highest-volume UCC filing jurisdictions in the nation.

This new system will increase efficiency and reduce expenses for filers in New York State by eliminating paperwork and decreasing processing and turnaround time. Financial and legal institutions will soon be able to send large and small batches of UCC documents to the New York Department of State instantly over the Internet on a 24-hour-a-day basis. New York State's XML batch transfer system for UCC filing is expected to launch on July 1, 2001.

The International Association of Corporation Administrators (IACA) is in the process of approving the XML standard for UCC filings. The XML (Extensible Markup Language) platform will standardize how data is collected from different sources, thus allowing Secretaries of State to receive online UCC submissions from virtually any filing entity. There is currently only one operational XML batch filing system in the nation, which NIC designed last year for the State of Nebraska.

"NIC Conquest already leads the nation in delivering Web-enabled UCC filing, and we are proud to be the first to offer XML batch transfers to our government partners," said Bill Birdsall, President of NIC Conquest. "XML will soon be the new national standard for UCC filing, and NIC is the only company that offers this next-generation technology. We look forward to delivering this XML-based UCC filing solution to our partners in New York State."

NIC Conquest currently provides online filing and document management services to over eighty county agencies and several states, including Minnesota, Texas, Wisconsin, Arkansas, Nebraska, Indiana, Iowa, Colorado, and Montana.

About NIC

NIC, "The eGovernment Company(TM)," is the world's most experienced eGovernment provider. The company is enabling the positive transformation of the relationship between government and the communities it serves by providing solutions that make life simpler for businesses and citizens. Through partnerships at all levels of government, NIC manages transactions for hundreds of state and local agencies that serve more than 43 million people in the United States. For more information, visit NIC at www.nicusa.com.

Special Note: The statements in this release regarding continued implementation of NIC's business model and its development of new products and services are forward-looking statements. 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 solutions by businesses and citizens; competition; and general economic conditions and the other important cautionary statements and risk factors described in NIC's Annual Report on Form 10-K filed on March 10, 2000, with the Securities and Exchange Commission and in the Company's most recent quarterly report on Form 10-Q filed with the SEC.