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AG 1999 03 15
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AG 1999 03 15
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Last modified
3/25/2002 5:58:00 PM
Creation date
11/27/2017 11:48:47 AM
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Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
3/15/1999
Board
Board of Commissioners
Meeting Type
Regular
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02/22/99 11:t8 F,i,l 17044249895 IQi:ANE CHARL0~I~ ~008/021 <br /> <br />Cabarrus County <br /> <br />Year 2000 Readiness Audit Proposal <br /> <br />Keane's Raleigh-Durham, NC Branch office has over ¢,00 employees with over 20 Year 2000 projects <br />completed or underway. Kcan¢'s Atlanta, Georgia office has over 250 employees with over 25 Year <br />~-000 projects completed or underway. <br /> <br />2.6 ATradltion of Excellence <br /> <br />Keane, Incorporated is $1 Billion, publicly-held corporation, providing information technology solutions <br />to customers m thc United States, Cs. ada and Europe. Keane's 10,000 cmploye, es provide cost-effective <br />and highly responsive service to our customers through a strong network of local Branch offices. K~ne <br />builds its business on lOrllg-~,zl partnerships with customers by "doing what we say we would do." This <br />simple approach to business has resulted in the fact that over 92% of Keane's rcvc'nue is from customers <br />we have dove business with in the past. <br /> <br />KEA <br /> <br />solutions. <br /> <br />Keanc's mission is to be thc premier provider of information technology services, helping <br />our clients plan, build and mat~age application soilwsxc that enable their business strategies. <br />Ke, ane solutions include: operations improvement consulting, IT planning and consulting, <br />application d~vclopmcnt, application outsourcing, program and project mana§erncnt, year <br />2000 compliance, migration services, help desk manag~-~nent and enterprise healthcare <br />At Keane, We get 1T Done. <br /> <br />Keane, over its four decades of service to its customers, is consistently recognized as one of the best- <br />'managed companies in the information technology services indu~hy. Recently the Wall Street lourn=l <br />rated Keane #1 in shareholder r~tum, among ail publicly held U.S. companies over a ten-year l~Wiod. <br />Listing a portio~ o£ Keane's 'impressive client list," the Journal also stated: ",..Keaae lis] a technology <br />powerhouse. If age brings wisdom, Keane is a genius. It basically has stuck to fi.4ng other <br />companies' computer problems for 33 years." In addition, Computcrworld Magazine recently named <br />Keane as "one of the top twcn~-fivc places to work" in the IT industry. <br /> <br />Keane has experienced consistent growth over thc past five years, with a compound annual growth rat~ <br />of 37% in revenues and 36% in net income. The Keane organization has reported a loss in only one <br />quarter in thc Company's 33-year history. Keanc's (AMEX:I(I~A.) stock has also performed based upon <br />market standards as well, including a 187% rctum in 1996 and a 144% return in 1997. Igewsweek <br />Magazine listed Kcane as Numbc~ One on its list o£"Top Ten Stock Sta~s" and reported that a $1,000 <br />investment in Keane in 1983 would be worth $321,000 in 1997. <br /> <br />3 NEXT STEPS <br /> <br />Upon verbal notification from Cabarrus County that Keane has been chosen as Cabsrms County' partner <br />for this effort, Kcane recommends a kick-offmccting to introduce project team members and to discuss <br />specifics for the scope and schedule for the project. <br /> <br />In parallel, Kcane and Cabarrus County will agr~ to initiate contractual obligations. <br /> <br />4 CONCLUSION <br /> <br />Keane looks forward to working with CabarrUS County on this very important Audit project. Wc have <br />worked with hundreds of corporations on their Year 2000 compliance efforts and have delivered <br /> <br />Proprietary and Confidential <br /> 02/22/99 <br /> <br /> <br />
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