GREENWOOD VILLAGE, Colo., Oct. 14 /PRNewswire/ -- CIBER, Inc. (NYSE: CBR), today announced it has been awarded a new 5-year, $36 million outsourcing contract with Nashville Electric Service (NES), one of the 12 largest public electric utilities in the nation, distributing energy to nearly 357,000 customers in Middle Tennessee. CIBER has successfully delivered full IT outsourcing services to NES since 2004 and was recently awarded a new contract to continue to provide services such as application development and maintenance and infrastructure support. CIBER once again partnered with Nashville-based Zycron, Inc., thus continuing a very successful 6-year relationship in delivering IT outsourcing services to NES.
"A critical outsourcing arrangement requires the mutual respect and trust of a partnership, and CIBER has consistently excelled as our partner. They distinguish themselves from other providers by being flexible in addressing our needs, quick to act when the situation calls for it and always seeking opportunities to drive innovation for the benefit of NES and our customers," said Vic Hatridge, Chief Information Officer for NES.
"Long-standing relationships with clients like NES are the foundation of CIBER's business, and further demonstrates our strong utilities vertical expertise. CIBER's partnership with NES not only mitigates risk for them, but allows for practical, yet innovative approaches to future challenges," said Garth Carter, CIBER's Vice President for State and Local Government.
Under the new contract, CIBER will continue to provide all onsite IT services, including applications development and maintenance, database administration, security administration, desktop support, network and server support, strategic planning and help desk services. "NES can depend on CIBER and its partner, Zycron, Inc. to continue to deliver consistent, reliable and innovative services necessary to support and grow their IT operations," said John Wood, CIBER's Vice President, Area Director for Tennessee and Kentucky.
About CIBER, Inc.
CIBER, Inc. is a global information technology consulting, services and outsourcing company applying practical innovation through services and solutions that deliver tangible results for both commercial and government clients. Services include application development and management, ERP implementation, change management, project management, systems integration, infrastructure management and end-user computing, as well as strategic business and technology consulting. Founded in 1974 and headquartered in Greenwood Village, Colorado, CIBER has more than 8,000 employees. We operate in 19 countries, serving clients from 14 Global Solution Centers and 70 local offices in North America, Europe and Asia/Pacific. Annual revenue in 2009 exceeded $1.0 billion. CIBER trades on the New York Stock exchange (NYSE: CBR), and is included in the Russell 2000 Index and the S&P Small Cap 600 Index. For more information, visit www.ciber.com.
CIBER 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. CIBER and the CIBER logo are trademarks or registered trademarks of CIBER, Inc. Copyright© 2010.
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