GREENWOOD VILLAGE, Colo.,
March 10, 2017 /PRNewswire/
-- Ciber, Inc. (NYSE: CBR) a leading global information
technology consulting, services and outsourcing company, confirmed
that Legion Partners Asset Management, LLC ("Legion Partners") has
submitted a notice of its intent to nominate two candidates to
stand for election to the Board of Directors ("Board") at the
Company's 2017 Annual Meeting of Stockholders (the "2017 Annual
Meeting").
Ciber's Board and management are committed to acting in the best
interests of all stockholders. Ciber regularly engages with
its stockholders, including Legion Partners, and welcomes investor
feedback. The Board will review the nomination notice of
Legion Partners and will present its recommendations to
stockholders in its proxy statement with respect to the 2017 Annual
Meeting to be filed with the Securities and Exchange
Commission. Stockholders are not required to take any action
at this time.
Vinson & Elkins L.L.P. is serving as legal counsel to
Ciber.
About Ciber, Inc.
Ciber partners with organizations to develop technology
strategies and solutions that deliver tangible business value.
Founded in 1974, the company trades on the New York Stock Exchange
(NYSE: CBR). For more information, visit www.ciber.com and follow
us on Twitter, LinkedIn, Facebook, Google Plus and our blog.
Important Additional Information
The Company, its directors and certain of its executive officers
are participants in the solicitation of proxies from the Company's
stockholders in connection with the Company's 2017 Annual Meeting
of Stockholders. The Company intends to file a proxy statement and
white proxy card with the U.S. Securities and Exchange Commission
(the "SEC") in connection with any such solicitation of proxies
from the Company's stockholders. STOCKHOLDERS OF THE COMPANY ARE
STRONGLY ENCOURAGED TO READ SUCH PROXY STATEMENT, ACCOMPANYING
WHITE PROXY CARD AND ALL OTHER DOCUMENTS FILED WITH THE SEC
CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE AS THEY
WILL CONTAIN IMPORTANT INFORMATION. Information regarding the
ownership of the Company's directors and executive officers in
Company stock, restricted stock and options is included in the
Company's SEC filings on Forms 3, 4, and 5, which can be found
through the Company's website www.ciber.com in the section
"Investor Relations" or through the SEC's website at www.sec.gov.
Information can also be found in the Company's other SEC filings,
including the Company's definitive proxy statement for the 2016
Annual Meeting of Stockholders and its Annual Report on Form 10-K
for the year ended December 31, 2015,
and for the year ended December 31,
2016, when filed with the SEC. Updated information regarding
the identity of potential participants, and their direct or
indirect interests, by security holdings or otherwise, will be set
forth in the definitive proxy statement and other materials to be
filed with the SEC in connection with the 2017 Annual Meeting.
Stockholders will be able to obtain any proxy statement, any
amendments or supplements to the proxy statement and other
documents filed by the Company with the SEC at no charge at the
SEC's website at www.sec.gov. Copies will also be available at no
charge at the Company's website at www.ciber.com in the
section "Investor Relations".
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of 1995
relating to Ciber's operations, results of operations and other
matters that are based on Ciber's current expectations, estimates,
forecasts and projections. Words, such as "anticipate," "believe,"
"could," "expect," "estimate," "intend," "may," "opportunity,"
"plan," "positioned," "potential," "project," "should," and "will"
and similar expressions, are intended to identify these
forward-looking statements. These statements are not guarantees of
future performance and involve risks, uncertainties and assumptions
that are difficult to predict. Forward-looking statements are based
on assumptions as to future events that may not prove to be
accurate. For a more detailed discussion of these risks, see the
information under the "Risk Factors" heading in Ciber's Annual
Report on Form 10-K for the year ended December 31, 2015, Ciber's Quarterly Report on
Form 10-Q for the three months ended September 30, 2016 and Ciber's Annual Report on
Form 10-K for the year ended December 31,
2016, when filed with the SEC, and other documents filed
with or furnished to the SEC. Other than as required by law, Ciber
undertakes no obligation to publicly update any forward-looking
statements in light of new information or future events. Readers
are cautioned not to put undue reliance on forward-looking
statements.
Contact:
Scott Kozak
Global Communications, Investor and Industry Relations
303-967-1379
skozak@ciber.com
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SOURCE Ciber, Inc.