CIBER Announces Record Fiscal Year End and 4th Quarter Results.

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Aug. 12, 1998--CIBER, Inc. ("CIBER") (NYSE:CBR) reported today record revenues and earnings for its fiscal 1998 year and fourth quarter ended June 30, 1998.

Revenues for the fiscal year ended June 30, 1998 were $550,421,000, an increase of 41% over revenues for the fiscal year ended June 30, 1997 of $390,817,000. Pro forma net income for the year, excluding merger costs increased 84% to $38,841,000, or $.74 per share, compared to $21,111,000, or $.43 per share for fiscal 1997. After merger costs, pro forma net income for fiscal 1998 increased 72% to $34,303,000, or $.65 per share, compared to $19,893,000, or $.40 per share, for fiscal 1997. (All per share data is presented on a "diluted" basis.)

Revenues for the June 1998 quarter were $150,215,000 compared to revenues for the June 1997 quarter of $113,157,000. This revenue increase reflects a 39% increase in consulting services revenue offset by a decrease in other revenues, principally hardware sales. Excluding merger costs, pro forma net income for the June 1998 quarter was $12,415,000, or $.23 per share, an increase of 85% compared to $6,693,000, or $.13 per share, for the June 1997 quarter. After merger costs, pro forma net income for the June 1998 quarter increased 58% to $10,568,000, or $.20 per share, compared to $6,693,000, or $.13 per share, for the June 1997 quarter.

All prior period information has been restated for the poolings of interests through June 30, 1998. Revenues for the fiscal year and three months ended June 30, 1998 were actually 110% and 90%, respectively, greater than revenues as originally reported for the prior comparable periods.

"We are extremely pleased with our record results for the year and the quarter," stated Mac Slingerlend, President/Chief Executive Officer. "In each of our five years as a public company we have set records in revenues, net income and earnings per share. These record results are reflective of the strong ongoing demand for CIBER's services and the dedicated efforts of our employees. Our May 1998 business combination with The Summit Group has gone very well. We are looking forward to our fiscal 1999, our 25th year, with the same fervor and excitement that has brought us our past accomplishments," Mr. Slingerlend continued.

CIBER, Inc. is a premier provider of system integration consulting services. Employing over 5,500 employees located in over 80 offices in more than 20 states plus Canada, CIBER offers services in four principal areas: management consulting for business/IT, ERP implementation services, information technology consulting services and network technology design/integration consulting. CIBER's wholly-owned subsidiaries include Spectrum Technology Group, Inc., Business Information Technology, Inc., The Summit Group, Inc. and CIBER Network Services, Inc. -0-

                              CIBER, Inc.
            Condensed Consolidated Statements of Operations
                              (Unaudited)

In thousands,                   Fiscal Year      Three Months
  except per share data       Ended June 30,     Ended June 30,
                               1997(1)  1998     1997(1)   1998

Consulting services          $335,874 $490,625 $ 98,269  $136,398
Other revenues                 54,943   59,796   14,888    13,817
  Total revenues              390,817  550,421  113,157   150,215

Cost of consulting services   221,496  313,724   63,844    86,034
Cost of other revenues         41,152   43,150   11,362     9,431
Selling, general and
  administrative expenses      91,530  127,317   26,089    34,249
Amortization of intangible
  assets                        3,087    3,936    1,016     1,050
Merger costs                    1,218    4,538       --     1,847
  Operating income             32,334   57,756   10,846    17,604
Interest and other income,
  net                           1,029    1,530      264       520

  Income before income taxes   33,363   59,286   11,110    18,124
Income tax expense             12,667   22,776    3,846     5,560
  Net income                   20,696   36,510    7,264    12,564
Pro forma adjustment to
  income tax expense             (803)  (2,207)    (571)   (1,996)
  Pro forma net income       $ 19,893 $ 34,303 $  6,693  $ 10,568

Pro forma income
  per share - basic          $    .43 $    .68 $    .14  $    .21
Pro forma income
  per share - diluted        $    .40 $    .65 $    .13  $    .20

Supplemental information -
  excluding merger costs:
  Pro forma income
     per share - basic       $    .45 $    .77 $    .14  $    .24
  Pro forma income
     per share - diluted     $    .43 $    .74 $    .13  $    .23

Weighted average shares
  - basic                      46,738   50,199   48,145    50,994
Weighted average shares
  - diluted                    49,457   52,687   50,599    53,443

(1) Restated for poolings of interests through June 30, 1998.

"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 the Company's Annual Reports, 10-Ks, 10-Qs and other Securities and Exchange Commission filings.

    CONTACT: CIBER, Inc.
              Kara Kennedy
              Shareholder Relations
              303/220-0100
              http://www.ciber.com