Cummins Inc. Selected as One of The "100 Best Places to Work in IT" by IDG's Computerworld magazine.COLUMBUS, Ind IND Investigational new drug Therapeutics A status assigned by the FDA to a drug before allowing its use in humans, exempting it from premarketing approval requirements so that experimental clinical trials may be conducted. See Phase 1.2, 3 studies, Sponsorship. . -- Cummins Inc. (NYSE NYSE See: New York Stock Exchange :CMI (Computer-Managed Instruction) Using computers to organize and manage an instructional program for students. It helps create test materials, tracks the results and monitors student progress. ) today was named as one of the "100 Best Places to Work in IT" by IDG IDG International Data Group IDG Integrated Drive Generator IDG Installation Design Guide IDG Internet Discussion Group IDG Inset Dielectric Guide IDG International Dangerous Goods (mail, shipping) Computerworld. This is the first time Cummins has made the Best Places to Work list, and the Company finished No. 43 overall and No. 20 on the list of best large companies. For the past 14 years, Computerworld magazine has compiled an annual ranking of the 100 best work environments for IT professionals. The Best Places to Work feature will appear in the June 18 issue of Computerworld and online at www.computerworld.com/2007bestplaces. The ranking is based on a comprehensive questionnaire regarding company offerings in categories such as benefits, diversity, career development, training and retention. In addition, Computerworld conducts extensive surveys of IT workers, and their responses factor heavily in determining the rankings. "We are excited and honored hon·or n. 1. High respect, as that shown for special merit; esteem: the honor shown to a Nobel laureate. 2. a. Good name; reputation. b. to be among the companies on the Best Places to Work list," said Cummins Chief Information Officer Gail Farnsley. "As a company, Cummins works hard to create an environment where diverse and talented employees can flourish. "Our employees have made significant strides in recent years to transform the Cummins IT department into a world-class technology organization. This recognition is a validation See validate. validation - The stage in the software life-cycle at the end of the development process where software is evaluated to ensure that it complies with the requirements. that, as a company, we have created an atmosphere that recognizes and rewards such effort, and in which our employees feel valued." In order to be considered for a place on the Computerworld Best Places to Work list, a U.S. company must have $100 million in annual revenue and a minimum of 300 total employees and 50 IT employees. With revenue of $11.4 billion in 2006, Cummins is No. 221 on Fortune magazine's list of the 500 largest U.S companies. Cummins currently employs approximately 700 full-time IT employees, who provide a wide range of IT solutions to support the Company's employees and businesses around the world. About Cummins Cummins Inc., a global power leader, is a corporation of complementary business units that design, manufacture, distribute and service engines and related technologies, including fuel systems, controls, air handling, filtration filtration: see sewerage; water supply. Filtration The separation of solid particles from a fluidsolids suspension of which they are a part by passage of most of the fluid through a septum or membrane that retains most of the solids , emission solutions and electrical power generation systems. Headquartered in Columbus, Indiana Columbus (IPA: [kəˈlʌm.bəs]) is the county seat of Bartholomew County, Indiana. The population was 39,059 at the 2000 census. The current mayor is Fred Armstrong. , (USA) Cummins serves customers in more than 160 countries through its network of 550 Company-owned and independent distributor facilities and more than 5,000 dealer locations. Cummins reported net income of $715 million on sales of $11.4 billion in 2006. Press releases can be found on the Web at www.cummins.com. Forward-looking disclosure statement Information provided in this release that is not purely historical are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of 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, including statements regarding the company's expectations, hopes, beliefs and intentions on strategies regarding the future. It is important to note that the company's actual future results could differ materially from those projected in such forward-looking statements because of a number of factors, including, but not limited to, general economic, business and financing conditions, labor relations, governmental action, competitor pricing activity, expense volatility and other risks detailed from time to time in Cummins Securities and Exchange Commission filings. |
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