CIBER Reports 50 Percent Increase in Clients Using Multiple Services.ENGLEWOOD, Colo.--(BUSINESS WIRE)--April 27, 1999-- 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. ("CIBER") (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. ) reports its acquisition strategy is yielding benefits to existing clients. "Most importantly, the work we are doing for our large customers has evolved over the years from COBOL COBOL: see programming language. COBOL in full Common Business-Oriented Language. High-level computer programming language, one of the first widely used languages and for many years the most popular language in the business community. programming to now include outsourcing, ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. implementations and Internet-based web applications. We are bringing the new services of our acquisitions to our established client base. For example, 100% of our business model practices today (ERP, Network Services, etc.) are doing work at the City & County of San Francisco, originally just a network client. In total, nearly 200 clients were using more than one of our business model services in the first nine months of our fiscal year; this is up over 50% from fiscal 1998," stated Mac Slingerlend, CIBER's President/CEO. "We have changed over 50% of our business since 1995, yet the marketplace has not yet completely grasped this transformation. We have been doing business with Ford Motor Company for 24 years and American Express for over 20 years. Additional 10-year plus customers include IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , Xerox, 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) , AT&T and several other global companies. In almost all cases, we do more business with these companies each year, year after year. Internal growth has annually exceeded 20% per year," continued Mr. Slingerlend. "Becoming a $1 billion global systems integrator requires, by definition, cross-border systems support. We expect to be able to assist businesses internationally in the next several months. Our competition is rapidly becoming the consulting arms of the Big 5 accounting firms and the likes of EDS (Electronic Data Systems, Plano, TX, www.eds.com) Founded in 1962 by H. Ross Perot (independent candidate for the President of the U.S. in 1992), EDS is the largest outsourcing and data processing services organization in the country. and CSC. The long-term relationships we have, both in the private and public sectors, are proving to be springboards to the larger, longer and more complex opportunities we are seeking. The bi-products are not only greater visibility, but better assignments for our technical staff and tighter relationships with our key clients. We believe these differentiators will prove compelling advantages over the next several months and years," concluded Mr. Slingerlend. CIBER, Inc. is a premier provider of system integration consulting services. Employing 6,600+ employees located in over 45 major cities in more than 20 states plus Canada, CIBER offers leveraged information technology integration solutions in five principal areas: management consulting, aligning business/IT solutions (including E-Business, data warehousing and middleware integration), enterprise applications solutions (EAS/ERP) implementation and outsourcing services, enterprise integration and network services consulting, and professional 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. |
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