Monday March 1, 9:34 am Eastern Time
Company Press Release
SOURCE: Compuware Corporation
Compuware Announces Acquisition of M.I.S. International Inc.
Agreement Will Transition More Than 400 Professional Services Personnel To Compuware Professional Services Division
FARMINGTON HILLS, Mich., March 1 /PRNewswire/ -- Compuware Corporation (Nasdaq: CPWR - news) today announced that on Tuesday, February
23, 1999 it completed its acquisition of M.I.S. International Inc. (M.I.S.), a privately held provider of Information Technology (IT) professional services. The
acquisition will be accounted for as a pooling of interests. Approximately 400 M.I.S. professional services personnel will transition to Compuware's
Professional Services Division as a result of the acquisition.
Founded in 1971, M.I.S. is one of the largest privately held information systems and project management consulting firms in the United States. M.I.S. provides
professional services personnel to many Fortune 500 companies, including major automotive manufacturers and their first-tier OEM suppliers. With
headquarters in Bloomfield Hills, Michigan, M.I.S. professionals supply technical expertise to clients in the software, electronic, steel, chemical, banking,
insurance and telecommunication industries.
''This is a tremendous career opportunity for our employees with a leading employer in the southeast Michigan area and the global technology industry,'' said
Michael Bahn, chairman and CEO of M.I.S. ''Compuware is committed to supporting the professional and personal growth of our employees and has
enthusiastically welcomed these talented individuals into their organization. Our employees have much to look forward to as employees of Compuware.''
''We are pleased to welcome such a highly skilled group of IT professionals to a career with Compuware,'' said Phyllis Recca, Senior Vice President,
Compuware Professional Services. ''The addition of these individuals to our hand-picked professional services staff strengthens Compuware's ability to
provide its clients with superior service and immediate and measurable return on their IT investments.''
Compuware Corporation
Compuware productivity solutions help 14,000 of the world's largest corporations more efficiently maintain and enhance their most critical business
applications. Providing immediate and measurable return on information technology investments, Compuware products and services improve quality, lower
costs and increase the speed at which systems can be developed, implemented and supported. Compuware employs more than 11,000 information technology
professionals worldwide, including more than 6,600 in its professional services organization. With calendar 1998 revenues of $1.5 billion, Compuware is the
world leader in client/server development technology. For more information on Compuware, please contact the corporate offices at 800-521-9353.
Compuware also can be found on the World Wide Web at compuware.com.
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