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GREENWOOD VILLAGE, Colo., March 9, 2012 /PRNewswire/ -- CIBER, Inc. (NYSE: CBR - News), a global information technology consulting, services and outsourcing company, today announced that it has closed the previously announced sale of its Federal division and related assets to CRGT Inc., a leading provider of full life-cycle IT services and expert in emerging technology solutions for the Federal government. As previously announced, the closing price was $40 million.

(Logo: http://photos.prnewswire.com/prnh/20010927/CBRLOGO)

"This sale was an important strategic step in creating value for our shareholders, and allows us to focus on the core components of our growth," said CIBER President and CEO David Peterschmidt.

Claude Pumilia, Executive Vice President and CFO, commented, "We expect net cash proceeds of $34 million, subject to adjustments for working capital items post-closing. We are committed to using at least $9 million of the proceeds to further pay down debt under our existing credit facility."

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 7,400 employees and subcontractors and operates in 18 countries, serving clients in North America, Europe and Asia/Pacific. Annual revenue in 2011 was $1 billion. CIBER trades on the New York Stock Exchange (NYSE: CBR - News), and is included in the Russell 2000 Index and the S&P Small Cap 600 Index. For more information, visitwww.ciber.com.

About CRGT Inc.

CRGT is a full life-cycle services provider and leading expert in emerging technology solutions for the Federal government. Working as a close partner with government agencies spanning national defense, domestic security and civilian services, CRGT has earned a proud track record of success with integration and operations for large-scale, high-volume solutions that connect these vital agencies to their diverse constituencies. CRGT is best known for programs such as Army Knowledge Online (AKO), an enterprise-scale, cloud-based, knowledge management solution serving over 2.3 million users globally. More broadly, CRGT is known for its work across numerous innovative technology domains, including enterprise mobile computing, cloud services, visually and spatially oriented analytics solution and cyber security in support clients such as the Department of Justice, Department of Homeland Security, the U.S. Army, the Veterans Administration, United States Postal Service, Montgomery County, MD and more. Spun out from CherryRoad Technologies in 2008, CRGT is a uniquely positioned, nimble organization that offers customers the flexibility and agility they have valued for over 25 years combined with the strength that comes from being part of the Veritas Capital group. For additional information on CRGT, please visit http://www.crgt.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 relating to our operations, results of operations and other matters that are based on our current expectations, estimates, forecasts and projections. Words, such as "anticipate," "believe," "could," "expect," "estimate," "intend," "may," "opportunity," "plan," "potential," "project," "should," and "will" and similar expressions, are intended to identify forward-looking statements. For example, we make certain forward-looking statements regarding our current expectations for revenue, cash flow, debt balances and profitability for certain of our business units or the Company for 2012 and the future. These statements reflect a number of risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by our forward-looking statements. These risks include, without limitation, risks that: (1)economic and political conditions, including regulatory or legislative action, adversely affect us or our clients' businesses and levels of business activity; (2) the refinancing of our credit facility is not completed as expected, in which case we face covenant issues; (3)we cannot expand and develop our services and solutions in response to changes in technology and client demand; (4)we cannot compete as effectively as we expect in the highly competitive consulting, systems integration and technology and outsourcing markets; (5)our work in the government contracting environment exposes us to additional risks; (6)our clients may terminate their contracts with us or they may be unable or unwilling to pay us for our services, which may impact our accounting assumptions; (7)our outsourcing services subject us to operational and financial risk; (8)we cannot maintain favorable pricing and utilization rates; (9)our business is restricted by our current level of indebtedness and we could breach our financial covenants, and/or be unable to amend, extend or replace our current debt facility under favorable terms; (10)we cannot anticipate the cost and complexity of performing our work or we are not able to control our costs especially on fixed price contracts; (11) our global operations are subject to complex risks, some of which are beyond our control, including, but not limited to, fluctuations in foreign exchange rates; (12) we cannot balance our resources with client demand or hire sufficient employees with the required skills and background; (13) we may incur liability from our subcontractors' or other third parties' failure to deliver their project contributions on time or at all; (14) we cannot manage the organizational challenges associated with our size or our business strategy; (15) our share price could fluctuate due to numerous factors, including variability in revenues, operating results and profitability; and/or (16) other factors discussed from time to time in the Company's news releases and public statements, as well as the risks, uncertainties and other factors discussed under the "Risk Factors" heading in the Company's Form10-Q and most recent Annual Report on Form 10-K and other documents filed with or furnished to the Securities and Exchange Commission. Most of these factors are beyond CIBER's ability to predict or control. Forward-looking statements are not guarantees of performance and speak only as of the date they are made, and 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.

Read more:
Ciber Announces the Closing of the Sale of Its Federal Division

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And because of a quirk of internet history that made the US-controlled domains the de-facto standard for web sites, this is a situation that's quite possibly permanent. 4Read More 28 Comment(s) "Deep" layoffs at Yahoo Linked by David Adams on 03/05/12 21:26 UTC I ran across a business news story about Yahoo's impending layoffs today, and if you're a deep-into-the-internet person like me, it certainly comes as no surprise to read yet again that Yahoo is on the skids. In fact, you're more likely to be surprised to learn that Yahoo has more than 14,000 employees and made something like $6 billion in revenue last year. Yahoo ceased to be relevant a long time ago, and even the Yahoo services that still get some love, like Flickr, seem to be tainted by association. 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Mozilla has announced a partnership with Telefonica and Qualcomm, which will bring Mozilla's Boot to Gecko HTML5-based mobile interface to devices later his year. This is a huge boon for the fully open source environment. 3Read More 30 Comment(s)

Link:
Windows Phone 'Tango' device limitations revealed

Apple unveils new iPad, adds Retina Display Linked by Thom Holwerda on 03/07/12 22:59 UTC And it was that time of the year again - Apple held one of its product announcements. This one focussed on the iPad mostly, and while some will call it a disappointment merely because virtually everything had already been leaked, I'm still in awe over the fact the newly announced iPad has a 2048x1536 display. My mind is blown. 0Read More 93 Comment(s) Windows 8's desktop mode: Microsoft's 'Classic' Linked by Thom Holwerda on 03/06/12 23:27 UTC As you may have seen, David's been taking care of OSNews for a few days because I'm quite busy with work. Still, there's one thing I'd like to talk about: the desktop mode in Windows 8. I wish I could've added this to the first impressions article, but I only arrived at this conclusion yesterday: desktop mode in Windows 8 is Microsoft's equivalent of Mac OS X's Classic mode. 0Read More 94 Comment(s) US government claims right to seize any .com domain Linked by David Adams on 03/06/12 16:23 UTC If you run a web site or service that runs afoul of US law, and that site is hosted overseas, then the US legal system doesn't have much recourse, right? Wrong. Because the .com, .net, and .org top level domains are managed by a US company, the government can come to Verisign with a court order and seize your domain, effectively shutting you down. And because of a quirk of internet history that made the US-controlled domains the de-facto standard for web sites, this is a situation that's quite possibly permanent. 4Read More 28 Comment(s) "Deep" layoffs at Yahoo Linked by David Adams on 03/05/12 21:26 UTC I ran across a business news story about Yahoo's impending layoffs today, and if you're a deep-into-the-internet person like me, it certainly comes as no surprise to read yet again that Yahoo is on the skids. In fact, you're more likely to be surprised to learn that Yahoo has more than 14,000 employees and made something like $6 billion in revenue last year. Yahoo ceased to be relevant a long time ago, and even the Yahoo services that still get some love, like Flickr, seem to be tainted by association. But the question I asked myself when I read the article was, "why didn't Yahoo become a technology leader?" 1Read More 23 Comment(s) First impressions: Windows 8 consumer preview Linked by Thom Holwerda on 03/02/12 16:16 UTC Wednesday was the big day for Microsoft - the largest overhaul of its operating system since Windows 95 (heck, I'd argue the overhaul is far larger than Windows 95) went into consumer preview. I've been running it on my Asus ZenBook since its release, and in all honesty, it's not as arduous as I expected. I'm not planning on doing a full review, but I do want to mention a number of things - both positive and negative - that stood out to me. 5Read More 108 Comment(s) Microsoft up to its old tricks with Windows 8 versions Linked by David Adams on 03/02/12 15:55 UTC, submitted by sawboss By all early reports, Windows 8 is going to be a good operating system. Microsoft's hegemony may be crumbling in a mobile computing onslaught, but its core empire remains undimmed. However, whereas Windows 7 had three versions, Windows 8 will apparently be ballooning to 9 versions. 0Read More 79 Comment(s) Raspberry Pi launch turns into frenzy Linked by Thom Holwerda on 02/29/12 9:47 UTC This morning, I experienced the nerd equivalent of a Black Friday $50 iPad sale. At 07:00 CET, the first batch of the much-anticipated Raspberry Pi went on sale, and while Raspberry Pi itself was very properly prepared, the two large international retailers actually selling the device weren't - despite warnings from Raspberry Pi about the enormous amount of traffic that would come their way, the two sites crumbled to dust within seconds. There's good news too - the cheaper model A has seen its RAM doubled at no additional cost. 9Read More 104 Comment(s) How to Integrate SATA and IDE Drives Linked by Howard Fosdick on 02/29/12 0:56 UTC Current computers use SATA disk drives. Pentium IV's and earlier computers used the IDE drive standards. How can you intermix SATA and IDE disk drives? This article discusses the options. It is the next in my series of articles on computer refurbishing. 0Read More 15 Comment(s) Genode 12.02 released, now with open development process Linked by nfeske on 02/28/12 11:51 UTC The just released version 12.02 of the Genode OS Framework takes the first steps to carry out the plan to turn the framework into a general-purpose OS for the daily use by its developers until the end of the year. It features a new ACPI driver, the first bits of a device-driver manager, support for using the fork syscall in GNU programs, and a PDF rendering engine. The most significant point of this release, however, is the way it was conducted. It represents the first version carried out using a completely open development process. 4Read More 8 Comment(s) Mozilla, Telefonica announce Boot to Gecko partnership Linked by Thom Holwerda on 02/27/12 12:22 UTC And even more news from Mobile World Congress in Barcelona. Mozilla has announced a partnership with Telefonica and Qualcomm, which will bring Mozilla's Boot to Gecko HTML5-based mobile interface to devices later his year. This is a huge boon for the fully open source environment. 3Read More 30 Comment(s)

Follow this link:
Apple uses OpenStreetMap for iPhoto on iOS, doesn't give credit

WALTHAM, Mass.--(BUSINESS WIRE)--

NameMedia, the world leader in the acquisition, development and trading of digital real estate through a targeted website network and domain name marketplace, today announced the promotion of Bob Mountain to Senior Vice President of Business Development.

Mountain, who joined NameMedia in 2009, has been the key architect for Afternics Domain Listing Service (DLS) which is now the largest and most successful network for the listing and sale of premium domains in the aftermarket. Functioning similar to the Multiple Listing Service for physical real estate, DLS aggregates the supply of millions of domain names offered for sale by their owners, and then syndicates those listings to dozens of reseller sites. The network effect from aggregating both supply and demand has made Afternic the clear leader in bringing liquidity to the domain aftermarket.

Bob has worked tirelessly to knit together the most powerful reseller network for premium aftermarket domains, said NameMedia CEO Kelly Conlin. This promotion is a recognition of the contributions Bob has made not only to our company, but to the entire domain industry.

As much as we have accomplished, I believe that some of the programs and initiatives we have on our roadmap will make the future even more exciting, said Mountain. I look forward to continuing to grow the industry through collaboration and partnership the world over.

Prior to NameMedia Bob was co-founder and Chief Operating Officer of Quantia Communications, a mobile media company in the healthcare industry, and previously was the Chief Operating Officer of Sympatico-Lycos, a joint venture between Bell Canada Enterprises and Lycos Inc. Bob has a degree in economics from the University of Massachusetts at Lowell and an MBA from Worcester Polytechnic Institute.

About NameMedia:

NameMedia is the world leader in the acquisition, development and trading of digital real estate through a network of highly targeted websites and a marketplace for premium domain names. The companys website development focuses on creating compelling online communities in niche categories. The companys marketplace allows owners of premium domain names to list their domain properties for sale, and for domain buyers to review the largest available inventory. Through its ownership of one of the largest domain portfolios in the world, its innovative website development platform, and its broad distribution, NameMedia now serves more than 50 million visitors to its network of websites and sells domains to customers in more than 100 countries. Headquartered outside Boston in Waltham, Massachusetts, more information is available at http://www.namemedia.com.

See the original post:
NameMedia Promotes Bob Mountain To Senior Vice President

Apple unveils new iPad, adds Retina Display Linked by Thom Holwerda on 03/07/12 22:59 UTC And it was that time of the year again - Apple held one of its product announcements. This one focussed on the iPad mostly, and while some will call it a disappointment merely because virtually everything had already been leaked, I'm still in awe over the fact the newly announced iPad has a 2048x1536 display. My mind is blown. 0Read More 64 Comment(s) Windows 8's desktop mode: Microsoft's 'Classic' Linked by Thom Holwerda on 03/06/12 23:27 UTC As you may have seen, David's been taking care of OSNews for a few days because I'm quite busy with work. Still, there's one thing I'd like to talk about: the desktop mode in Windows 8. I wish I could've added this to the first impressions article, but I only arrived at this conclusion yesterday: desktop mode in Windows 8 is Microsoft's equivalent of Mac OS X's Classic mode. 0Read More 88 Comment(s) US government claims right to seize any .com domain Linked by David Adams on 03/06/12 16:23 UTC If you run a web site or service that runs afoul of US law, and that site is hosted overseas, then the US legal system doesn't have much recourse, right? Wrong. Because the .com, .net, and .org top level domains are managed by a US company, the government can come to Verisign with a court order and seize your domain, effectively shutting you down. And because of a quirk of internet history that made the US-controlled domains the de-facto standard for web sites, this is a situation that's quite possibly permanent. 4Read More 27 Comment(s) "Deep" layoffs at Yahoo Linked by David Adams on 03/05/12 21:26 UTC I ran across a business news story about Yahoo's impending layoffs today, and if you're a deep-into-the-internet person like me, it certainly comes as no surprise to read yet again that Yahoo is on the skids. In fact, you're more likely to be surprised to learn that Yahoo has more than 14,000 employees and made something like $6 billion in revenue last year. Yahoo ceased to be relevant a long time ago, and even the Yahoo services that still get some love, like Flickr, seem to be tainted by association. But the question I asked myself when I read the article was, "why didn't Yahoo become a technology leader?" 1Read More 22 Comment(s) First impressions: Windows 8 consumer preview Linked by Thom Holwerda on 03/02/12 16:16 UTC Wednesday was the big day for Microsoft - the largest overhaul of its operating system since Windows 95 (heck, I'd argue the overhaul is far larger than Windows 95) went into consumer preview. I've been running it on my Asus ZenBook since its release, and in all honesty, it's not as arduous as I expected. I'm not planning on doing a full review, but I do want to mention a number of things - both positive and negative - that stood out to me. 5Read More 108 Comment(s) Microsoft up to its old tricks with Windows 8 versions Linked by David Adams on 03/02/12 15:55 UTC, submitted by sawboss By all early reports, Windows 8 is going to be a good operating system. Microsoft's hegemony may be crumbling in a mobile computing onslaught, but its core empire remains undimmed. However, whereas Windows 7 had three versions, Windows 8 will apparently be ballooning to 9 versions. 0Read More 79 Comment(s) Raspberry Pi launch turns into frenzy Linked by Thom Holwerda on 02/29/12 9:47 UTC This morning, I experienced the nerd equivalent of a Black Friday $50 iPad sale. At 07:00 CET, the first batch of the much-anticipated Raspberry Pi went on sale, and while Raspberry Pi itself was very properly prepared, the two large international retailers actually selling the device weren't - despite warnings from Raspberry Pi about the enormous amount of traffic that would come their way, the two sites crumbled to dust within seconds. There's good news too - the cheaper model A has seen its RAM doubled at no additional cost. 9Read More 104 Comment(s) How to Integrate SATA and IDE Drives Linked by Howard Fosdick on 02/29/12 0:56 UTC Current computers use SATA disk drives. Pentium IV's and earlier computers used the IDE drive standards. How can you intermix SATA and IDE disk drives? This article discusses the options. It is the next in my series of articles on computer refurbishing. 0Read More 15 Comment(s) Genode 12.02 released, now with open development process Linked by nfeske on 02/28/12 11:51 UTC The just released version 12.02 of the Genode OS Framework takes the first steps to carry out the plan to turn the framework into a general-purpose OS for the daily use by its developers until the end of the year. It features a new ACPI driver, the first bits of a device-driver manager, support for using the fork syscall in GNU programs, and a PDF rendering engine. The most significant point of this release, however, is the way it was conducted. It represents the first version carried out using a completely open development process. 4Read More 8 Comment(s) Mozilla, Telefonica announce Boot to Gecko partnership Linked by Thom Holwerda on 02/27/12 12:22 UTC And even more news from Mobile World Congress in Barcelona. Mozilla has announced a partnership with Telefonica and Qualcomm, which will bring Mozilla's Boot to Gecko HTML5-based mobile interface to devices later his year. This is a huge boon for the fully open source environment. 3Read More 30 Comment(s)

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Windows Embedded Standard 8 preview available to download