184060 Resource 125361 126221 200444 1190603187398 1214509738566 Controlled CIBER Acquires Metamor Enterprise Solutions

Extends Reach of ERP Solutions with Addition of Headstrong Corporation's U.S. SAP Practice

<p>International System Integration Consultancy, <a title="CIBER" href="http://www.ciber.com/" target="_blank">CIBER, Inc.</a>&nbsp;(NYSE: CBR) announced it has acquired Metamor Enterprise Solutions, the&nbsp; SAP Practice of Headstrong Corporation.&nbsp; The transaction expands CIBER's U.S. SAP practice in response to market demand and complements CIBER's focus on the retail vertical.</p><p>&ldquo;Metamor is expecting calendar 2007 revenue to exceed $20 million, only the last four months of which will be at CIBER, and to be profitable. We expect the combination will be neutral to 2007 operating results and nominally accretive to 2008 results, and provide leadership and scale to our greater domestic SAP activities,&rdquo; added Dave Girard, CIBER&rsquo;s Chief Operating Officer. </p><p><a href="http://updataadvisors.com/transactions.asp?newsid=184" target="_blank">Updata Advisors</a> acted as financial advisor and assisted in the negotiations for CIBER, Inc. </p> 9 application/xml false CIBER Headstrong Corporation IT services Metamor Enterprise Solutions SAP services Updata Advisors http://www.ciber.com/news/article.cfm?id=20070905 Recent IT services mergers and acquisitions deals completed by Updata Advisors http://updataadvisors.com/transactions.asp?sector=13&level2id=54&level2name=IT%20Services&sectorname=ALL%20SECTORS Mozilla/4.0 (compatible; MSIE 6.0; Windows NT 5.0; .NET CLR 1.1.4322; .NET CLR 2.0.50727; InfoPath.1) 127.0.0.1 127.0.0.1 fbartolomey 208.82.213.22 false true false false true 125361 blog blogsite/UpdataAdvisors/web