Stock Market Symbols
FAIRFAX, VA, Feb. 27 /CNW Telbec/ - CGI Federal, a wholly-owned U.S.
operating subsidiary of CGI Group Inc. (TSX: GIB.A; NYSE: GIB), today
announced that the latest release of its financial, procurement and budget
formulation software solution for the U.S. federal government,
Momentum(R) 6.2, received official certification from the Office of Management
and Budget's Financial Systems Integration Office (FSIO) at the General
Services Administration. Over 100 U.S. federal government organizations
currently use Momentum.
Momentum 6.2 is offered as a commercial off the shelf (COTS) product, and
as a hosted managed services solution in CGI's Shared Service Center for
agencies seeking to implement under the Federal Financial Management Line of
Business (FMLOB) initiative. FSIO's certification of Momentum 6.2 ensures that
it meets all mandatory federal financial system requirements and can be
deployed by federal government agencies as part of the FMLOB program.
Momentum 6.2 is one of only seven FSIO certified software products.
"Momentum 6.2 builds on CGI's established leadership in financial
management software and hosted managed services for the U.S. federal
government," said Donna Ryan, Senior Vice-President at CGI. "This latest
version of Momentum applies Service-Oriented Architecture (SOA) technologies
to help agencies achieve their compliance, accountability and security goals."
Some of the features of Momentum 6.2 include:
- Enabling standardization - Momentum 6.2 provides a number of features
in support of OMB initiatives to increase standardization and
interoperability across the federal government such as Web services and
enhanced service oriented architecture (SOA), evolving CGAC standards,
and government-wide accounting initiatives.
- Reducing Cost and Risk - The latest release of Momentum includes the
Rapid Momentum Implementation methodology that distills CGI's 30 years
of implementation expertise into an implementation toolkit which
includes a configured Momentum database to reduce costs and facilitate
- Improving performance and efficiency - Momentum 6.2 is integrated with
FedBid, the market-leading reverse auction site allowing agencies to
streamline and maximize value for commodity buys. It also incorporates
a configurable user experience to increase the efficiency of each user.
- Protection of Personally Identifiable Identification (PII)- Momentum
has enhancements such as distributed system security, and utilities to
purge all PII from non-production environments.
About CGI Federal
CGI Federal (www.cgi.com\usfederal) is a wholly-owned U.S. operating
subsidiary of CGI Group Inc., dedicated to providing effective IT solutions
for federal government agencies by combining over 30 years of government
experience and technology skills. Founded in 1976, CGI Group Inc. is one of
the largest independent information technology and business process services
firms in the world. CGI and its affiliated companies employ approximately
26,500 professionals. CGI provides end-to-end IT and business process services
to clients worldwide from offices in Canada, the United States, Europe, Asia
Pacific as well as from centers of excellence in North America, Europe and
India. CGI's annual revenue run rate stands at $3.7 billion and at
December 31st, 2007, CGI's order backlog was $12.04 billion. CGI shares are
listed on the TSX (GIB.A) and the NYSE (GIB) and are included in the S&P/TSX
Composite Index as well as the S&P/TSX Capped Information Technology and
MidCap Indices. Website: www.cgi.com.
For further information:
For further information: Peter Cutler, Director, Communications, (703)