Business Services Industry
NIC Chief Executive Officer Jeff Fraser Wins Ernst & Young Entrepreneur Of The Year 2004 Award
Business Wire, July 8, 2004
OLATHE, Kan. -- NIC (Nasdaq: EGOV) Chief Executive Officer Jeff Fraser has been named one of seven Ernst & Young Entrepreneur Of The Year(R) Award winners for the Missouri-Kansas region. The awards, which were announced on June 23 in St. Louis, honor outstanding entrepreneurs for their vision, leadership, and achievement.
Fraser was singled out for his efforts to use technology to help governments deliver services more effectively to businesses and citizens.
As co-founder of NIC, Fraser is a pioneer in forming effective public-private partnerships with state government. After signing a contract with the state of Kansas in 1992, Fraser deployed a unique self-funded business model that allowed the state to put in-demand services online for the benefit of its constituents -- all at no upfront cost to taxpayers.
NIC now uses this self-funded solution to operate official government Web sites and build online services for 16 states and five local governments, including Virginia, Indiana, Utah, Maine, and Indianapolis. The company has built more than 1,000 interactive services that make renewing a driver's license, filing taxes, or registering a business as easy as checking e-mail.
Under Fraser's leadership, NIC has grown into a $50 million company that employs more than 275 people in 21 states.
"I share this recognition with our employees," said Fraser. "NIC is a successful and growing company because our teams across the country continue to deliver exceptional value to our government partners and the constituents they serve."
Winners were selected by an independent judging panel of local community and business leaders. Fraser is now eligible for the Ernst & Young Entrepreneur Of The Year 2004 national program, which will be announced in November in Palm Springs, California.
About NIC
IC manages more eGovernment services than any provider in the world. The company helps government communicate more effectively with citizens and businesses by putting essential services online. NIC provides eGovernment solutions for 1,500 state and local agencies that serve more than 51 million people in the United States. Additional information is available at www.nicusa.com.
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