CIBER Invests in BroadbandLiving, Forms Strategic Partnership.Business Editors ENGLEWOOD, Colo.--(BUSINESS WIRE)--July 26, 2000 CIBER CIBER Center for International Business Education and Research (various locations) CIBER Center for International Business and Research (Michigan State University) CIBER Cellular Inter-Carrier Billing Exchange Record , Inc. (NYSE NYSE See: New York Stock Exchange : CBR (1) (Computer-Based Reference) Reference materials accessible by computer in order to help people do their jobs quicker. For example, this database on disk! (2) (Constant Bit Rate) A uniform transmission rate. ), the trusted technology leader transforming businesses to be agile, scalable and connected, and BroadbandLiving, Inc., a Denver-based start-up developing product management technologies for providers of cable-modem, Digital Subscriber Line See DSL. (communications, protocol) Digital Subscriber Line - (DSL, or Digital Subscriber Loop, xDSL - see below) A family of digital telecommunications protocols designed to allow high speed data communication over the existing copper telephone lines between end-users and (DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary ) and wireless broadband services, announced today that the two companies have forged a strategic partnership. As part of the agreement, CIBER has invested an undisclosed dollar amount in BroadbandLiving, which was founded in March 2000 by veterans of the broadband and cable television industries. BroadbandLiving's technology enables broadband-access and Internet service providers (ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. ) to rapidly capture market share and deploy new services to their customers. Through its BroadbandAgent(TM) technology, BroadbandLiving provides technical, marketing and customer-care solutions to its cable television, telephone, satellite and independent service provider clients. CIBER's technology expertise and Internet solutions help businesses in vertical industries, such as telecommunications, banking and health care, stay agile and grow in this fast-changing market. "CIBER's experience in telecom, which includes clients like AT&T, MCI (1) (Media Control Interface) A high-level programming interface from Microsoft and IBM for controlling multimedia devices. It provides commands and functions to open, play and close the device. (2) (Microwave Communications Inc. , GTE GTE General Telephone & Electronics GTE Génie Thermique et Énergie (French) GTE Gas Turbine Engine GTE Global Tropospheric Experiment GTE Geothermal Energy GTE Gas Turbine Efficiency plc (Sweden & USA) and Sprint, coupled with BroadbandLiving's platform and product suite, brings together a unique set of capabilities for broadband companies," said Mac Slingerlend, Chief Executive Officer, CIBER. "We look forward to working with the BroadbandLiving management team to deploy and integrate products with their clients." "Companies in the broadband space face unique challenges in acquiring and managing their customers," said Karl Denzer, President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , BroadbandLiving. "Our partnership with CIBER enables BroadbandLiving to rapidly deploy products that meet these challenges." The new partnership will create ways for CIBER to more widely market and apply its core skills and technological expertise in the rapidly expanding global Internet economy; give BroadbandLiving the financial and strategic backing it needs to take advantage of significant marketplace opportunities; and blend the two companies' strengths to develop new products and cutting-edge system-integration processes. About BroadbandLiving BroadbandLiving was founded in March 2000 to develop technologies that help broadband access providers and ISPs drive the acquisition, upsale and retention of their customers. The company's investors include leaders from the cable, computer and broadband industries, including executives from Englewood-based MediaOne/AT&T Broadband; 360 Degree Networks; Kinetic Strategies; American Broadband; Road Runner; Intel Corp.; and the venture capital firm New Millennium Partners. BroadbandLiving can be found on the Internet at broadbandliving.com. About CIBER CIBER, Inc. is the trusted technology leader transforming businesses to be agile, scalable and connected. Backed by 26 years of information technology consulting Information technology consulting (IT consulting or business and technology services) is a field that focuses on advising businesses on how best to use information technology to meet their business objectives. , CIBER provides thought leadership in Internet solutions to Global 2000 and rapidly scaling companies and governments through its National Practices - Strategy and Enterprise Integration, Internet Services, Business Intelligence, Network Integration and Outsourcing. Based in Englewood, Colo., the company's consultants serve client businesses from 35 CIBER offices, 15 DigiTerra offices and four Neovation, Inc. offices in the U.S., Canada and Europe. CIBER's web site is http://www.ciber.com. "Safe Harbor" Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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. |
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