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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):
November 4, 1997 (October 22, 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 October 24, 1997, The Constell Group, Inc. ("Constell") merged into
CIBER, Inc. ("CIBER") in a business combination to be accounted for as a
pooling of interests. CIBER issued 250,000 shares of its common stock in
exchange for all of the common stock of Constell.
On October 22, 1997, CIBER issued 73,864 shares of its common stock in
exchange for all of the assets and liabilities of Bailey & Quinn, Inc. This
business combination will be accounted for as a pooling of interests.
ITEM 7(c). EXHIBITS
1. News Release dated October 27, 1997 announcing the merger with The
Constell Group, 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: November 4, 1997 By: /s/ Christopher L. Loffredo
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Christopher L. Loffredo
Vice President/Chief
Accounting Officer
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[LETTERHEAD]
-- CIBER, INC. NEWS RELEASE --
For Immediate Release Contact:
Kara Kennedy
Shareholder Relations
303/220-0100
CIBER ANNOUNCES MERGER
WITH THE CONSTELL GROUP
Englewood, Colorado -- October 27, 1997 -- CIBER, Inc. (NYSE - CBR)
announced today that privately-held The Constell Group, Inc. ("Constell"), a
provider of information technology and project management services
headquartered in Elmwood Park, NJ, has merged into CIBER.
"David Shaw and Karen Kalajian Shaw have built a terrific consulting
company," said Mac Slingerlend, CIBER's President/Chief Operating Officer.
"They are enthusiastic about the advantages of combining their operations
with CIBER. Constell's well-known project management training and
methodology, "PROJEX," will add even greater skill level to Spectrum
Technology Group, our senior level consulting group," Continued Mr.
Slingerlend.
The Constell Group provides IT consulting services to major corporations
in the New York/New Jersey market. Constell employs 100 consultants and
generates annualized revenues of approximately $14 million. The combination
will be accounted for as a pooling of interests.
CIBER, Inc. is a nationwide provider of information technology
consulting services. Through our nearly 4,000 employees operating out of over
50 branch offices in over 20 states, plus our foreign operations, CIBER
offers services to our clients in four principal areas: information
technology consulting services (including Year 2000 conversions), 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
