Investors

MAXIMUS CRIS Software Named a Top Product by Readers of University Business Magazine

Thursday, January 14, 2016 6:30 am EST

Dateline:

RESTON, Va.
"CRIS is used by colleges and universities throughout the U.S. and we appreciate their feedback on its quality, reliability and ability to streamline the preparation of F&A Cost Rate Proposals."

RESTON, Va.--(BUSINESS WIRE)--MAXIMUS, a leading provider of government services worldwide, announced today that its Comprehensive Rate Information System (CRISTM) software was recognized by higher education leaders who named it one of University Business magazine’s “Readers’ Choice Top Products” for 2016.

Used by more than 130 educational institutions across the United States, CRIS provides a total solution for preparing Facilities and Administrative (F&A) Cost Rate Proposals. The software assists universities with submitting indirect cost proposals to the federal government and, in turn, optimizing reimbursement for costs incurred on grants and contracts. Updated annually, CRIS incorporates all the reporting requirements of the federal Uniform Administrative Requirements, Cost Principles, and Audit Requirements for federal awards (2 CFR Part 200), including the Standard Format, which summarizes financial and statistical data that is included in the proposal. In addition to providing on-site, hands-on training in all applications of CRIS, MAXIMUS offers consulting expertise, including successful rate negotiations, to help universities maximize their F&A recovery dollars.

“The MAXIMUS Higher Education Practice always strives to deliver the highest level of service and software to our clients, so having our CRIS software named among the top products by readers of University Business is truly a validation of this commitment,” commented MAXIMUS President Bruce Caswell. “CRIS is used by colleges and universities throughout the U.S. and we appreciate their feedback on its quality, reliability and ability to streamline the preparation of F&A Cost Rate Proposals.”

Kenneth Erickson, Director of Research Management and Compliance at the University of Utah noted, “The CRIS software and our coordination with MAXIMUS professional consultants was critical to the University of Utah’s timely completion, review and submission to the federal government of our F&A Proposal in February 2015. The data gathering is a time-consuming task, and the ability of the CRIS software to compile, analyze and report the data is essential to the preparation of report data that is accurate.”

University Business magazine is a publication for higher education leaders at two- and four-year colleges and universities nationwide. The magazine provides coverage of higher education technology, news, finance, policy, profiles and more across print, digital and in-person event platforms.

About MAXIMUS

Since 1975, MAXIMUS has operated under its founding mission of Helping Government Serve the People®, enabling citizens around the globe to successfully engage with their governments at all levels and across a variety of health and human services programs. MAXIMUS delivers innovative business process management and technology solutions that contribute to improved outcomes for citizens and higher levels of productivity, accuracy, accountability and efficiency of government-sponsored programs. With more than 16,000 employees worldwide, MAXIMUS is a proud partner to government agencies in the United States, Australia, Canada, New Zealand, Saudi Arabia and the United Kingdom. For more information, visit maximus.com.

About CRIS

CRIS is a reliable and proven Facilities and Administrative (F&A) software in the higher education industry, providing automation of the F&A rate calculation and a total solution for preparing F&A Cost Rate Proposals. This dynamic software operates on Microsoft’s .NET platform and is updated regularly to meet client needs and government reporting requirements. Universities have the opportunity to purchase the CRIS software under a license agreement that offers full usage of CRIS to prepare F&A Cost Rate Proposals and internal institution cost studies. For more information, please visit maximus.com/cris.

Contact:

MAXIMUS
Lisa Miles, 703-251-8637
lisamiles@maximus.com
or
Jackie Lyndon, 303-285-7135
jacquelinelyndon@maximus.com

Contact Us

American Stock Transfer & Trust Company, LLC

Shareholder Services
6201 15th Avenue
Brooklyn, NY 11219
800.937.5449

Barron’s 400 Selection

MAXIMUS has been selected to the Barron’s 400 Index for at least two
consecutive years. The Index selects the top 6% of all publicly traded
companies in North America based on their fundamental soundness and
overall attractiveness to investors. Approximately 1.5% of all companies
in North America remain in the list for two consecutive years.