18.05.2005 17:22:00
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CIBER Develops Leasing Analysis and Approval System for Highwood Properties
RALEIGH, N.C., May 18 /PRNewswire-FirstCall/ -- CIBER, Inc. today announced it has completed development of a leasing analysis and approval system for Highwoods Properties, one of the nation's largest fully integrated real estate operating companies. The system, Highwoods' largest IT project for 2004, enables pipeline review and management, deal approval and cash flow forecasting for improved decision making.
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"While leasing is a very dynamic and fluid process, it is the core of our business. CIBER helped us build a system, which empowers our leasing staff with better information access and reduces inefficient paper pushing. The tool also facilitates better decision analysis with our leasing pipeline, which will ultimately help our long-term growth," said Kevin Penn, Chief Information Officer for Highwoods Properties. "When selecting a partner for this core project, we sought a company with a mature methodology and a consistent track record of delivering application development projects on time and on budget. We found that and more in CIBER."
For the leasing analysis and approval system, CIBER used its CIBER Application Process(TM) (CAP) to serve as the software development life cycle (SDLC) for the project. Built on commercial best practices and continually refined through lessons learned, CAP is structured to be either a complete, standalone SDLC or serve as a framework to support a client's preferred SDLC, existing tools or licensed software for modeling, testing and configuration management.
After completing business requirement analysis, CIBER built the system on a .Net platform using Visual Studio .Net Enterprise Architect and BizTalk. CIBER then worked with Highwoods Properties using a defined quality assurance process to thoroughly test and validate system functionality.
"Highwoods Properties leasing analysis and approval system highlights the intrinsic value strategic application development planning can have for companies. The new system has efficiently accelerated key business processes by enabling decision makers across the enterprise to have rapid access to vital and accurate business information when they need it. In a short timeframe, the new system has demonstrated significant business value," said Dan Russell, CIBER's Vice President and Area Director for the Carolinas. "By investing in mission-critical development projects, companies can improve their current environments, better position themselves for growth and build in the necessary scalability to accommodate that growth. CIBER has a long history of helping companies evaluate and develop application development projects that maximize their investment."
About Highwoods Properties, Inc.
Highwoods Properties, a member of the S&P MidCap 400 Index, is a fully integrated, self-administered real estate investment trust ("REIT") that provides leasing, management, development, construction and other customer-related services for its properties and for third parties. As of December 31, 2004, the Company owns or has an interest in 510 in-service office, industrial and retail properties encompassing approximately 40.8 million square feet. Highwoods also owns approximately 1,101 acres of development land. Highwoods is based in Raleigh, North Carolina, and its properties and development land are located in Florida, Georgia, Iowa, Kansas, Maryland, Missouri, North Carolina, South Carolina, Tennessee and Virginia.
About CIBER, Inc.
CIBER, Inc. is a pure-play international system integration consultancy with superior value-priced services for both private and government sector clients. CIBER's global delivery services are offered 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, the company's consultants now serve client businesses from over 60 U.S. offices, 22 European offices and three offices in Asia. With offices in 17 countries, annualized revenue run rate of approximately $950 million and approximately 8,000 employees, CIBER's IT specialists continuously build and upgrade our clients' systems to "competitive advantage status." CIBER is included in the Russell 2000 Index and the S&P Small Cap 600 Index. CIBER, ALWAYS ABLE.
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(C) 2005. All rights reserved.
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