Found, Inc., DigiTerra Announce System Integration Partnership; Alliance to Provide Rapid Integration with Retailer Legacy Systems for End-to-End ``Bricks and Clicks'' Solution.Business Editors SAN FRANCISCO & ENGLEWOOD, Colo.--(BUSINESS WIRE)-- Aug. 14, 2000 Found, Inc., an innovative e-infrastructure technology solution provider leveraging the Internet to create efficiencies for offline retailers and manufacturers throughout the supply chain, and DigiTerra, Inc., a leading Enterprise Application Integrator (EAI (Enterprise Application Integration) Refers to various techniques used to share data and business processes in large enterprises. When companies acquire another organization, disparate information systems have to be made to work together. ) providing e-business solutions and 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. ), today announced DigiTerra as a systems integration partner for expediting deployment of the Found technology to retail customers. The two companies will work together to effectively implement Found's core ICaM(TM) (Integrated Clicks and Mortar Also called "bricks and clicks," it refers to businesses that offer online services via the Web as well as the traditional retail outlets (offline) staffed by people. Coined in 1999 by David Pottruck, co-CEO of the Charles Schwab brokerage firm, it refers to running the two divisions in a ) technology within a variety of retail businesses and marketplaces. This relationship will allow Found's retail clients to quickly implement the proprietary Found technology into their existing legacy systems, seamlessly integrating online and offline operations. DigiTerra's retail customers also stand to benefit through the Found technology as DigiTerra explores the development of a dedicated practice to offer the Found technology to its own retail customers. "Strategic relationships with leading companies like DigiTerra are critical to our next phase of accelerated growth, positioning Found for advanced implementation of multiple retail partners," said Richard Lawson, President and Chief Executive Officer, Found. "With the customer-centric model of the current marketplace, solution companies need to help businesses manage multiple forms of customer interaction," said Claude Watson, President and Chief Executive Officer, DigiTerra. "Our partnership with Found will allow us to build on our expertise among retail customers in this new integrated retail space that Found is pioneering." About DigiTerra Inc. DigiTerra Inc., a wholly owned subsidiary of CIBER, Inc. (NYSE:CBR), is a leading Enterprise Application Integrator (EAI) providing end-to-end e-business solutions to middle market ($200 million to $4 billion) companies in the retail, health care, manufacturing/distribution, services, higher education and public sector industries. DigiTerra maintains strong partnerships with several tier one 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), Supply Chain, and e-Procurement areas. Through these relationships DigiTerra provides comprehensive solutions to client's e-business requirements. DigiTerra is uniquely qualified to perform the complex integration of these e-business elements that are extremely critical to the execution of an e-business strategy. The company's web site is www.digiterra-inc.com. About Found, Inc. Found is an innovative e-infrastructure solution provider that utilizes the Internet to create dramatic efficiencies for offline retailers and manufacturers throughout the supply chain. The Found product offering helps traditional offline companies rapidly and cost-effectively allow their customers to search for, locate and purchase products online or offline from their regional distribution centers or local retail stores. Found's patent-pending proprietary technology adds in-store functionality to a retailer's Web site by creating a secure communication network between a retailer's in-store inventory system and customers via the Internet. Found also provides offline partner companies the ability to more effectively monitor and react to geographically relevant real-time product movement within the supply chain. Based in San Francisco and privately held with more than $45 million in capital, Found counts among its investors Accel-KKR, Sun Microsystems, Bain Capital, Simon Property Group Simon Property Group, Inc. (NYSE: SPG), also known as SIMON, an S&P 500 company headquartered in Indianapolis, Indiana, is the largest developer of shopping malls in the United States. Simon Property Group, Inc. , Informix Software, Excalibur Technologies, GESD GESD Glendale Elementary School District GESD Government Electronics System Division (GEA) GESD Generalized Extreme Studentized Deviate Castling, EsNet and Allen & Company. For more information, visit www.found.com. "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 CIBER's Annual Reports, 10-Ks, 10-Qs and other Securities and Exchange Commission filings. |
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