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Monday, 05/07/2007 4:57:14 PM

Monday, May 07, 2007 4:57:14 PM

Post# of 26430
Remtech operates as a subsidiary of CIBER, Inc.


Press Release Source: CIBER, Inc.


CIBER Announces First Quarter 2007 Results
Thursday April 26, 8:00 am ET
Revenue Increases 7%; EPS Increases 57%


GREENWOOD VILLAGE, Colo., April 26 /PRNewswire-FirstCall/ -- CIBER, Inc. (NYSE: CBR - News), a leading international system integrator consultancy, today announced financial results for the first quarter of 2007, ended March 31st.

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

First Quarter 2007 Summary

* Revenue was $259.2 million, a CIBER record and an increase of 7.2%,
4.0% organically, compared to the first quarter of 2006.

* Gross profit increased 12% compared to the first quarter of 2006
to $70.0 million.

* Gross profit margins increased 110 basis points on a year-over-year
basis to 27.0%.

* Operating income was $12.7 million, a 31% increase year-over-year
for the quarter.

* Operating income margins improved 90 basis points on a year-over-year
basis to 4.9%.

* Net Income increased 48% year-over-year to $6.6 million.

* GAAP EPS was $0.11 per share, a 57% increase versus $0.07 for the
same period of 2006.

* CIBER purchased 750,000 shares into treasury during the quarter at
an average price of $7.02 per share.


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