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CIBER Completes Database and Reporting System for The Investment Fund for Foundations (TIFF)

Posted : Mon, 09 Nov 2009 13:06:26 GMT
Author : CIBER, Inc.
Category : Press Release
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CONSHOHOCKEN, Pa., Nov. 9 /PRNewswire-FirstCall/ -- CIBER, Inc. (NYSE: CBR) announced the successful implementation of a completely customized database and reporting system for The Investment Fund for Foundations (TIFF). TIFF engaged CIBER to build a system to its specific needs to better serve its customer base and comply with newly established reporting requirements.

(Logo: http://www.newscom.com/cgi-bin/prnh/20010927/CBRLOGO)

Founded in 1991, TIFF seeks to improve the investment returns of eligible organizations by providing a series of multi-manager investment vehicles and resources aimed at enhancing fiduciaries' knowledge of investing. TIFF partnered with CIBER to replace its outdated, spreadsheet-based system and CIBER created a customized database and reporting system that reduces risk and ensures accountability requirements are met. The $900,000 project was completed on-time and on-budget.

"The database and reporting system CIBER created has significantly reduced the man hours necessary to input, report and track data. This web-based application system has streamlined our business processes and provided us with the custom reports that enhance the speed and accuracy of our decision making processes. CIBER did a great job in every aspect of the project, being very flexible in supporting TIFF's project needs," said Jim Shields, Chief Information Officer of The Investment Fund for Foundations.

"CIBER is pleased with the completion of TIFF's customized database and reporting system. This state-of-the-art system ensures high data quality, data security and data integrity while providing the key financial reports needed to serve clients in an efficient manner," said John Morrissey, Vice President and Area Director for CIBER in Philadelphia.

About CIBER, Inc.

CIBER, Inc. (NYSE: CBR) is a pure-play international system integration consultancy and outsourcing company 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 40 U.S. offices, 25 European offices and seven offices in Asia/Pacific. Operating in 18 countries, with more than 8,500 employees and annual revenue of $1.1 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, the Reliable Global IT Services Partner. 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© 2009.

SOURCE CIBER, Inc.


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