Complete Business Solutions Inc. Launches International Computer Training And Outplacement Initiative;.FRAMINGTON HILLS, Mich.--(BUSINESS WIRE)--Oct. 6, 1997-- MOVE INTENDED TO HELP COUNTERACT GROWING WORLDWIDE SHORTAGE OF COMPUTER PROGRAMMERS Complete Business Solutions, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CBSL CBSL Central Bank of Sri Lanka CBSL Coordinated Baseline Status List ), a worldwide provider of information technology services, announced that it has begun a nationwide training and job placement program for entry level computer programmers in the U.S. At the same time it announced the expansion of similar programs it already has under way internationally. Together, the two initiatives should train over 3,000 tuition- paying students next year, with at least 500 in the U.S. That compares to 80 trained at the company's Michigan headquarters this year and over 800 trained at 9 different sites in India. "The world is facing a growing shortage of industrially-competent computer programmers," says Raj Vattikuti, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of CBSI CBSI CUNA Brokerage Services, Inc. CBSI Cambodian Buddhist Society, Inc. (Silver Springs, Maryland) CBSI Certified Bridge Safety Inspector CBSI Custom Business Solutions, Inc. . He notes that in the U.S. alone, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a recent study of the U.S. Department of Commerce, some 1 million programming positions will go unfilled by the Year 2001. "A crisis like this requires new thinking. Our initiatives do this by turning a CBSI cost center into a profit center. At the same time they make careers in computer programming much more accessible to many more people." In both the U.S. and India, CBSI has expanded its internal training department to take technically able students from the public at large. CBSI provides them intensive, hands-on training in an industry-like environment. It then hires some for its internal employment and places the rest with other leading computer firms - including customers and other IT service companies. To support this effort, CBSI collects tuition fees from students and also a placement fee from job recruitment agencies. Site Expansion In the U.S., CBSI will expand the number of training sites to at least three new locations. These include: -- Chicago, IL: CBSI will begin its first class October 13 at its own training facility in Lombard, Illinois Lombard, "The Lilac Village", is a suburb of Chicago in DuPage County, Illinois. The population was 42,322 at the 2000 census. The United States Census Bureau estimated the population in 2004 to be 42,975. . -- Cincinnati, OH: CBSI will jointly offer a Year 2000 conversion course with a training company based in Dayton. The first class begins in November 1997. -- Charleston, SC: A Continuing Education continuing education: see adult education. continuing education or adult education Any form of learning provided for adults. In the U.S. the University of Wisconsin was the first academic institution to offer such programs (1904). Division of a well-known technical college will offer a CBSI-run course during its spring semester, beginning in February 1998. In addition, CBSI will continue to offer training classes to the public in Farmington Hills, Michigan Farmington Hills is the most populous city in Oakland County of the U.S. state of Michigan. It is a suburb of Detroit and is known for it's affluence, excellent schools, great housing stock, luxury homes and a center of business in Oakland County and Metro Detroit. . Its most recent course began October 6 and its next classes will be offered starting November 3. In each of the programs, students will receive approximately 160 hours of instruction in 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. , CICS (Customer Information Control System) A TP monitor from IBM that was originally developed to provide transaction processing for IBM mainframes. It controls the interaction between applications and users and lets programmers develop screen displays without or DB2 programming languages. Although most of the initial classes will focus on Year 2000 conversion, some classes will prepare students for data base programming, client/server conversion and other disciplines. The course has been certified by the Institute for Certification See ICCP. of Computing Professionals (ICCP (Institute for Certification of Computing Professionals, Des Plaines, IL, www.iccp.org). An organization founded in 1973 that offers industry certification and worldwide test centers. ), and all students will be required to take an ICCP examination upon completing the course. Placement in the U.S. will be undertaken by Management Recruiters International, Inc., the largest recruiting organization in the U.S., with 600 offices in North America. Strategic Business Consultants International, a Canton, Michigan consulting and professional staffing company, has also signed an agreement to help place CBSI trainees. Several other IT firms are currently evaluating placement agreements. Overseas, according to Vattikuti, CBSI will expand its classes at various Indian locations. At the same time, he says, "We are also looking into establishing training centers in Singapore and other progressive countries around the world." Background on CBSI CBSI has an extensive infrastructure that includes two fully functional 'software factories' dedicated to Year 2000 work and development centers in Michigan, Illinois, and California as well as off-shore facilities in Madras and Bangalore, India. CBSI utilizes proprietary methodologies including the Time Machine 2000 (sm) and COSMO (sm), the CBSI offsite success management methodology. CBSI is a worldwide provider of a broad range of information technology services offering Year 2000 end-to-end solutions, legacy maintenance, reengineering services from legacy to client/server, large systems and client/server applications development, internet/intranet expertise and packaged software implementation. Founded in 1985, CBSI's outstanding performance record has enabled the company to grow to 1996 revenues of $83 million through its project sites around the world. To learn more about CBSI, visit its website at www.cbsinc.com Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Provision Statements in this release that are not strictly historical are "forward-looking" statements that 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 reports on file with the Securities and Exchange Commission, including its prospectus and 10-Q filings. CONTACT: Complete Business Solutions, Inc., Farmington Hills Editorial Contact: Tom Gibson 216-881-9376 <73503.1370@compuserve.com> or CBSI Company Contact: Kris Liebold 248-848-2284 <kliebold@cbsinc.com> |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion