ARLINGTON, Va. – March 3, 2008 – CIBER, Inc. (NYSE: CBR) has announced that the Air Force Office of Scientific Research (AFOSR), based in Arlington, has exercised Option 1 of a $25 million, four and a half year contract for Anadarko Industries, LLC, and its partner, CIBER, to provide business support services for the agency. Federal government contracts are often created for multiple years, such as this one for four and a half years, but they are awarded in pieces so the awarding agency can evaluate the vendor’s services, and cancel the contract early without penalty, if necessary. Because AFOSR was so pleased with the performance of Anadarko and CIBER during the first four months of the contract, the agency decided ahead of schedule to exercise option 1—that is, to extend CIBER’s and Anadarko’s contract for the project.
Option 1 will begin April 1, 2008.
CIBER and Anadarko, a Native American, tribal-owned business, are providing a full range of business services for the agency in the areas of finance, contract management, conference, logistical, multimedia, and policy and integration support.
AFOSR employs 200 scientists, engineers and administrators in Arlington and in its two foreign technology offices in London and Tokyo. By outsourcing non-core business functions such as those CIBER and Anadarko are taking over, AFOSR can maintain its focus on selecting, sponsoring, and managing aerospace-related science and engineering projects that maintain the technological superiority of the United States Air Force.
“This contract is very important to CIBER and its Federal Government Division,” said Marcia Kim, President of CIBER’s Federal Government Division. “Our efforts to expand CIBER’s presence in the Department of Defense—and specifically the Air Force—have paid off with this announcement. Winning the initial contract was a major achievement, and this early decision to exercise the first option year is testimony to the successfulness of our customer approach: build a strong relationship with the customer, listen to and understand their challenges, and always respond quickly, positively, and flexibly.”
For more than 50 years, AFOSR has funded critical research efforts by the Air Force. AFOSR has funded research resulting in numerous technological breakthroughs that can be found on all of today’s modern aircraft and weapons systems, as well as in many consumer products, such as lasers, geographical positioning systems (GPS), and the computer mouse.
About CIBER, Inc.
CIBER, Inc.(NYSE: CBR) is a pure-play international system integration consultancy with superior value-priced services and reliable delivery for both private and government sector clients. CIBER’s services are offered globally on a project- or strategic-staffing basis, in both custom and enterprise resource planning (ERP) package environments, and across all technology platforms, operating systems and infrastructures. Founded in 1974 and headquartered in Greenwood Village, Colo., CIBER now serves client businesses from over 60 U.S. offices, 25 European offices and seven offices in Asia/Pacific. Operating in 18 countries, with more than 8,000 employees and annual revenue over $1 billion, CIBER and its IT specialists continuously build and upgrade clients’ systems to “competitive advantage status.” CIBER is included in the Russell 2000 Index and the S&P Small Cap 600 Index. CIBER, ALWAYS ABLE. www.ciber.com
Forward-Looking and Cautionary Statements
Statements contained in this release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially, as discussed in the company's filings with the Securities and Exchange Commission. CIBER undertakes neither intention nor obligation to publicly update or revise any forward-looking statements.