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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):
AUGUST 17, 1998 (AUGUST 11, 1998)
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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 August 11, 1998, CIBER, Inc. issued approximately 1,150,000 shares
of its common stock and assumed substantially of the liabilities of EJR
Computer Associates, Inc. ("EJR") in exchange for all of the assets of EJR.
This business combination will be accounted for as a pooling of interests.
ITEM 7 (c). EXHIBITS.
1. News Release dated August 12, 1998 announcing the merger with EJR Computer
Associates, 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: August 17, 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 CLOSE OF MERGER WITH
EJR COMPUTER ASSOCIATES, INC.
Englewood, Colorado -- August 12, 1998 -- CIBER, Inc., ("CIBER")
(NYSE:CBR) announced today the closing of the merger with EJR Computer
Associates, Inc. ("EJR"), a privately held provider of data processing
consulting and project management services headquartered in Hoboken, NJ.
"Founded in 1979 by Elliott J. Rosenzweig, President, EJR brings to
CIBER a solid client base comprised of Fortune 500 companies, including many
leading financial institutions and pharmaceutical firms, in the New York and
New Jersey markets," stated Mac Slingerlend, CIBER's President and Chief
Executive Officer. "The consistent high level of performance and stability of
EJR's technical staff will enhance our CIS division and create project and
solution sales opportunities in these established client relationships. In
addition, we are pleased that Jerry Sciarrillo, Vice President in charge of
consulting operations, has agreed to join the CIBER team as a regional vice
president overseeing several of our northeast operations," Mr. Slingerlend
continued.
EJR employs approximately 185 consultants and generates annualized
revenues of approximately $28 million. The combination will be accounted for
as a pooling of interests.
CIBER, Inc. is a premier provider of system integration consulting
services. Employing over 5,500 employees located in over 80 offices in more
than 20 states plus Canada, CIBER offers services in four principal areas:
management consulting for business/IT, ERP implementation services,
information technology consulting services and network technology
design/integration consulting. CIBER's wholly-owned subsidiaries include
Spectrum Technology Group, Inc., Business Information Technology, Inc., The
Summit Group, 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
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