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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): March 5, 1998 (March 4, 1998)
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 March 4, 1998, CIBER, Inc. announced that it will split its common
stock 2 for 1. The stock split will be based on a record date of March 18,
1998 and have a payable date of March 31, 1998.
ITEM 7 (c). EXHIBITS.
1. News Release dated March 4, 1998.
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: March 5, 1998 By: /s/ Christopher L. Loffredo
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Christopher L. Loffredo
V.P./Chief Accounting Officer
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Exhibit 1
-- CIBER, INC. NEWS RELEASE --
For Immediate Release Contact:
Kara Kennedy
Shareholder Relations
303/220-0100
CIBER ANNOUNCES 2 FOR 1 SPLIT
Englewood, Colorado -- March 4, 1998 -- CIBER, Inc. ("CIBER") (NYSE-CBR)
announced today that it will split its common stock 2 for 1 based on a record
date of March 18, 1998 and a payable date of March 31, 1998. Management
expects that the Company's common stock will begin trading at the
split-affected trading price on April 1, 1998.
"There are several compelling reasons to split our stock at this point.
Primarily, however, we want to further increase the public float of our
stock, currently approximately 15 million shares. This will place
approximately 15 million new shares in the public's hands and, as a result,
more investors will be able to participate in greater quantities in our stock
at more attractive investment prices," said Richard Montoni, CIBER's Chief
Financial Officer.
CIBER, Inc. is a nationwide provider of information technology
consulting services. Through our 4,700 employees operating out of over 60
offices in over 20 states, plus our foreign operations, CIBER offers services
to our clients in four principal areas: management consulting for
"business/IT" problems, ERP implementation services, information technology
consulting services (including Year 2000 conversions) and network design and
integration consulting. CIBER's three wholly owned operating subsidiaries
are Spectrum Technology Group, Inc., Business Information Technology, Inc.
and CIBER Network Services, Inc.
"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
