CIBER Announces New Chief Financial Officer, Comments on Fourth-Quarter 2000 Earnings; Operations Profitable; Share Buy-Backs Continue.

Business Editors/High-Tech Writers

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--Jan. 22, 2001

CIBER, Inc. (NYSE:CBR) today announced the promotion of David Durham to Senior Vice President and Chief Financial Officer.

Durham joined CIBER in May 1995 when the company acquired the privately held Spencer & Spencer Systems, Inc. of St. Louis. He has been responsible for various financial and operating tasks within CIBER. Most recently, he was CFO and acting-President of Neovation, Inc., CIBER's highly focused creative and strategy e-business subsidiary.

"David is well respected internally and his multi-faceted background in finance and operations will serve CIBER well," said Mac Slingerlend, CIBER's President and Chief Executive Officer. "While we considered several outsiders for the position, we did not interview anyone that rivaled David's qualities. We know Wall Street will appreciate Dave's ethics and work effort as well."

In addition, CIBER remarked that its operations for fourth-quarter 2000 were approximating Wall Street consensus through November, although low year-end productivity combined with harsh storms from the Midwest through New England took a toll on results for the end of December.

CIBER is forecasting revenues in the area of $145 million, approximately 96 percent of expectations. Operations continue to be profitable despite the lower productivity. Cash earnings per share (EPS) is currently projected to be $0.08 to $0.09 for the December quarter, compared to consensus of $0.10. No special charges are anticipated, other than possible immaterial, spin-related charges for DigiTerra, Inc., CIBER's package software, e-business-enabling subsidiary. All accounting results are subject to year-end audit reviews.

CIBER was able to repurchase approximately 1.4 million shares in the December quarter, out of its cash flow, without borrowing, under its share repurchase program, as originally announced in June 1999.

"While many of the pure `e' services players have announced sequentially imploding revenues of up to 35 percent, plus layoffs in the hundreds, CIBER continued to compete well in a slower marketplace," said Slingerlend. "October and November were positive months for us, but the last 10 days of December had traditional holiday time off increased by awful weather from Chicago to Boston. We also had a few extra holiday closures due to client-specific, soft-business conditions.

"We are encouraged that our branch and subsidiary operations have confidence in 2001," continued Slingerlend. "Most offices believe they will grow and see a return to above average, CIBER-like growth as the year proceeds. While concerned about a slowing economy, we are hopeful for more normalcy in 2001 than the last 18 months.

"Further, the diversified business model we have created, with projects and

staffing, package and custom integration, National Practices focused on Wireless, Network Integration and Security, Infrastructure, Information Technology (IT) Architecture, Business Intelligence and Outsourcing, long-term client relationships and five results-driven operating companies, all put us in a strong competitive position. Our industry has had to endure a lot since mid-1998. The return to solid, experienced operators is a lesson `learned-again' by serious clients and investors. Our revenues have grown 13 times our 1994 initial public offering (IPO) rate, while our market cap has only grown at one-half that rate. We are aggressively attacking 2001 opportunities," Slingerlend concluded.

CIBER will announce year-end results on Feb. 22, during its earnings conference call at 9 a.m. mountain time. To participate in the call, dial 952/556-2804 and ask to be connected to CIBER, Inc.'s earnings conference call. A replay of the call will be available through Feb. 27 at 703/326-3020 and at www.ciber.com, using confirmation code 4933460.

CIBER, Inc. (NYSE:CBR) is the trusted technology leader transforming businesses to be agile, scalable and connected. Backed by 27 years of information technology consulting, CIBER provides thought leadership in Internet solutions to Global 2000 and rapidly scaling companies and governments through its National Practices -- Strategy and Enterprise Integration, Wireless, Internet Services, Business Intelligence, Network Integration and Outsourcing. Based in Greenwood Village, Colo., the company's consultants serve client businesses from 35 CIBER offices, 15 DigiTerra offices and four Neovation offices in the U.S., Canada and Europe. CIBER's web site is www.ciber.com.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Forward-looking statements involve risks and uncertainties that could cause actual results to vary materially from such statements. Please refer to discussions of certain of these risks and uncertainties in CIBER's Annual Reports, 10-Ks, 10-Qs and other Securities and Exchange Commission filings.