CIBER Promotes Larry Greenwood to Solutions Consulting Group President.ENGLEWOOD, Colo.--(BUSINESS WIRE)--Aug. 7, 1997--CIBER, Inc. ("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 ") (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. ) announced today that effective immediately, Larry Greenwood, President/Spectrum Technology Group, Inc. ("Spectrum), a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of CIBER, has been elevated to President of CIBER's Solutions Consulting Group. This consolidated division will be initially responsible for Spectrum (senior management IT consulting), Business Information Technology, Inc. (enterprise-wide software package implementations), and CIBER Network Services, Inc. (LAN/WAN/Internet services). "Since 1995, CIBER has clearly been moving towards more 'solution-oriented sales,' greater band widths of service offerings for our clients. This consolidation creates a platform of well over $100 million in solution-oriented sales and delivery capabilities for our clients," said Mac Slingerlend, CIBER's President/COO. "We believe by further coordinating our technology processes and execution strengths, our consulting services will become more robust and competitive. Larry Greenwood has demonstrated the ability to articulate and lead CIBER's solution-oriented programs. Additionally, Don Hahl, a co-founder and Vice President of Spectrum, is receiving a well-deserved promotion to President of Spectrum." "Our CIBER Information Services division, ("CIS Cis (sĭs), same as Kish (1.) (1) (CompuServe Information Service) See CompuServe. (2) (Card Information S ," professional application development and maintenance services) remains CIBER's largest and continues under the direction of Bill Storrison. Together, we believe Larry and Bill will lead our operational leveraging of business models as we approach and surpass $500 million in revenues," Slingerlend continued. "Between internal growth of over 20%/annum and several beneficial acquisitions, we have created a four business unit, national, major IT consulting company. We will add more; we need to leverage our strengths while keeping our autonomies." CIBER, Inc. is a nationwide provider 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. services. Through our approximately 3,500 employees operating out of over 50 branch offices in over 20 states, plus offices in each of three foreign countries, CIBER offers services to its clients in four principal areas: information technology consulting services, package software implementation services, management consulting for "business/IT" problems and LAN/WAN LAN/WAN Local Area Network/Wide Area Network consulting services. "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 the Company's Annual Reports, 10-Ks, 10-Qs and other Securities and Exchange Commission filings. CONTACT: CIBER, Inc. Kara Kennedy, 303/220-0100 http://www.ciber.com |
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