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Ciber Confirms Receipt of Director NominationsGREENWOOD 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
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: To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/ciber-confirms-receipt-of-director-nominations-300421888.html SOURCE Ciber, Inc. |