Ciber Confirms Receipt of Director Nomination Notice from Lone Star Value
March 13, 2017 at 06:30 pm IST
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On March 13, 2017, Ciber, Inc. confirmed that Lone Star Value Management LLC has submitted a notice of its intent to nominate 2 candidates to stand for election to the Board of Directors at the Company's 2017 annual meeting of stockholders. In addition, the Company announced that the Board will review nomination notice 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. Furthermore, the Company urged stockholders not to take any action at this time.
CMTSU Liquidation, Inc., formerly Ciber, Inc., is a global information technology (IT) services company. The Company operates in two segments: North America and International. Its Ciber International segment primarily consists of countries in Western Europe and the Nordic region. Its North America segment is organized into service offerings, which include Independent Software Vendor Relationships (ISV)/Channel Partner Platforms, Managed Services, Business Consulting, Application Development and Management/Staffing, and Software-as-a-Service. It provides project management, application and technical consulting, and database administration for both implementation projects and managed-services engagements. It also provides a solution, Ciber Compliance Suite, which helps SAP customers monitor the usage of their SAP systems. Its business consulting offering helps clients manage their business by offering expertise in IT strategy, enterprise architecture and vertical business processes.
CMTSU LIQUIDATION, INC. 
