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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): July 21, 1997 (July 18, 1997)
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CIBER, INC.
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(Exact name of registrant as specified in its charter)
Delaware 0-23488 38-2046833
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
5251 DTC Parkway, Suite 1400, Englewood, Colorado 80111
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (303) 220-0100
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CIBER, Inc.
Information to be included in the Report
ITEM 5. OTHER EVENTS.
On July 18, 1997 CIBER, Inc. ("CIBER") acquired KCM Computer Consulting,
Inc. ("KCM"). CIBER acquired all of the outstanding common stock of KCM in
exchange for 430,850 common shares of CIBER. This business combination will
be accounted for as a pooling of interests. A Copy of the News Release
announcing the merger is attached.
ITEM 7(c). EXHIBITS.
1. News Release dated July 15, 1997 announcing the merger with KCM
Computer Consulting, Inc.
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Report to be signed on its behalf by the
undersigned, thereunto duly authorized.
CIBER, INC.
Date: July 21, 1997 By: /s/ Christopher L. Loffredo
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Christopher L. Loffredo
Vice President/Chief Accounting Officer
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[Letterhead]
CIBER ANNOUNCES MERGER
WITH KCM COMPUTER CONSULTING
Englewood, Colorado -- July 15, 1997 -- CIBER, Inc. (NYSE-CBR) announced
today that it has reached a definitive agreement to merge into CIBER
privately-held KCM Computer Consulting, Inc. ("KCM"), a provider of
information technology services headquartered in Calverton, MD. On June 26,
1997, CIBER had announced the signing of the letter of intent involving this
transaction.
"This combination creates a strong presence for CIBER in the Washington,
D.C. metropolitan area," said Mac Slingerlend, CIBER's President/COO. "Our
existing Reston, VA office will relocate and combine with KCM's Calverton, MD
operation. Other KCM locations include Atlanta, GA and Denver, CO, which will
merge into existing CIBER operations in those cities. Combining with KCM
provides CIBER with greater expertise in the federal government arena. We are
pleased that Kim Mayfield, one of the founders of KCM, has joined the CIBER
team and will manage our Calverton, MD branch office," continued Mr.
Slingerlend.
KCM currently employes approximately 150 consultants and generates
annualized revenues of $15-20,000,000. The combination will be accounted for
as a pooling of interests.
CIBER, Inc. is a nationwide provider of information technology
consulting services. Through our approximately 2,750 highly trained
consultants operating out of over 50 branch offices in over 20 states, plus
offices in each of three foreign countries, CIBER offers services to its
clients in four principal areas: information technology consulting services,
package software implementation services, management consulting for
"business/IT" problems and LAN/WAN consulting services.
"Safe Harbor" Statement under the Private Securities Litigation Reform
Act 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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CIBER, INC., 5251 DTC PARKWAY, SUITE 1400, ENGLEWOOD, CO 80111
http://www.ciber.com
