DigiTerra, Lawson Software Develop Euro Conversion Tools; First Beta Site, EMI Holland, Converted Successfully.Business Editors ENGLEWOOD, Colo. and LONDON--(BUSINESS WIRE)--June 25, 2001 Building on shared expertise and a successful, long-term relationship, DigiTerra, Inc., 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 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. ), and Lawson Software (Lawson Software, St. Paul, MN, www.lawson.com) A software company that specializes in ERP for vertical markets including health care, retail, public sector, professional and financial services. have jointly developed the Euro Conversion Toolkit, which includes tools and services to facilitate an efficient transition to Euro currency. The Toolkit is generally available to Lawson customers as part of the maintenance agreement. EMI (ElectroMagnetic Interference) An electrical disturbance in a system due to natural phenomena, low-frequency waves from electromechanical devices or high-frequency waves (RFI) from chips and other electronic devices. Allowable limits are governed by the FCC. Holland, which is one of several beta test A test of new or revised hardware or software that is performed by users at their facilities under normal operating conditions. Beta testing follows alpha testing. Vendors of packaged software often offer their customers the opportunity of beta testing new releases or versions, and the sites for the Toolkit, has already successfully converted the base currency in its Lawson system. Lawson Software and DigiTerra co-developed the Euro Conversion Toolkit. The Euro Conversion Toolkit provides a reliable, quick and inexpensive means for converting the base currency in the Lawson system to the Euro currency, as required by the European Monetary Union European Monetary Union An agreement by participating European Union member countries that includes protocols for the pooling of currency reserves and the introduction of a common currency. (EMU). By year-end 2001, all enterprises or subsidiaries operating in the Member States must be able to conduct business and function in every way using the Euro as their base currency. Lawson's software meets the BASDA BASDA Business & Accounting Software Developers Association BASDA Business Application Software Developers' Association EMU Accreditation Standard for multi-currency and triangulation triangulation: see geodesy. The use of two known coordinates to determine the location of a third. Used by ship captains for centuries to navigate on the high seas, triangulation is employed in GPS receivers to pinpoint their current location on earth. . "We partnered with DigiTerra to create the technical programs for converting data while Lawson created the mappings and tested the Toolkit," said Chris Hodge, managing director, International Operations, Lawson Software. "The Toolkit was developed with significant involvement from several of our European customers, and will reduce the amount of time and resources organizations will need to allocate for the conversion process. Lawson's software meets the BASDA EMU Accreditation Standard for multi-currency and triangulation." "Our long-standing record of jointly developing winning Lawson solutions has been proven once again by the success of the Euro Conversion Toolkit," said Kevin Paul, vice president of DigiTerra's Lawson Practice. "In addition to the Toolkit, DigiTerra's packaged service offerings will help customers transition quickly and efficiently to the Euro as their base currency. We continue to look for opportunities that not only strengthen our relationship with Lawson Software but with our mutual customers as well through our ability to provide a solution for all of their business needs." Lawson and DigiTerra held customer briefings in Europe to introduce the Toolkit and DigiTerra's packaged conversion services. A majority of Lawson's international clients attended the briefings. Beta test customers also presented plans for Euro conversion and discussed their progress using the Toolkit. One of those customers was EMI Holland, a long-term customer of both Lawson and DigiTerra. Based in Uden, Netherlands, EMI Holland is engaged in the manufacturing, distribution, and labeling of many of the hottest-selling compact discs around the world. A year ago, DigiTerra assisted EMI Holland with an upgrade of their Lawson Financials, Procurement and Supply Chain modules. "On April 15, we celebrated a successful Euro conversion of two companies in our Lawson system," said Ian Addison, senior director of operation information technology, EMI Holland. "Our Euro conversion planning began 30 months ago and involved converting 100GB of data. Without the Euro Toolkit, converting our Lawson system would not have been achievable in the timeline set by EMI." "The Euro Conversion Toolkit provides an opportunity for DigiTerra to expand our international business by assisting Lawson customers with the crucial Euro conversion," said Paul Robson, vice president of DigiTerra's European Operations. "From our London office and U.S.-based offices, we are positioned to assist other customers achieve the same conversion success recognized by EMI Holland." About Lawson Software Lawson Software is a leading provider of integrated e-business solutions. Lawson offers role-based Self-Evident Applications(R)(SEAs), transaction engines and e-business extensions powering financials, human resources, supply chain, analytic, enterprise relationship management and e-commerce solutions. Headquartered in St. Paul, Minn. and London, Lawson has offices and/or affiliates serving North and South America, Europe, Asia, Africa and Australia. Additional information about Lawson Software is available by calling (800) 477-1357, ext. 100. Lawson, Lawson Software, LawsonTone, lawson.insight, lawson.community, lawson.consulting and Self-Evident Applications are trademarks or registered trademarks of Lawson Software. Other company and product names are the trademarks of their respective companies. About DigiTerra DigiTerra, Inc., a leading enterprise application integrator is uniquely qualified to support e-business solutions. DigiTerra's business and technical expertise spans 20 years of providing solutions to companies across all industries. Combined with DigiTerra's strong partnerships with software providers in the enterprise resource planning See ERP. (application, business) Enterprise Resource Planning - (ERP) Any software system designed to support and automate the business processes of medium and large businesses. (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. ), customer relationship management (CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. ), supply chain, and e-procurement areas, DigiTerra can implement and integrate comprehensive solutions to meet clients' e-business requirements. DigiTerra is headquartered in Englewood, Colorado with offices throughout the United States, Canada and London, England. Information on DigiTerra can be obtained from the company's Web site, www.digiterra.com, or by calling 1-866-894-0999. This news release may include statements that may constitute "forward-looking statements," including estimates of future business prospects or financial results and statements containing the words "believe," "expect," or similar expressions. Any forward-looking statements herein are made pursuant to the 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. provisions 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. There are many factors that could cause actual results of CIBER and its subsidiaries (collectively, the "Company") to differ materially from forward-looking statements. Please refer to a discussion of these factors in the Company's Annual Reports on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. , 10-Qs and other Securities and Exchange Commission filings, which are incorporated herein by reference. The Company disclaims any intent or obligation to update publicly such forward-looking statements, whether as a result of new information, future events or otherwise. CIBER, DigiTerra and the DigiTerra logo are trademarks or registered trademarks of CIBER, Inc. and DigiTerra, Inc., respectively. |
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