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TORONTO, Dec. 17 /CNW Telbec/ - CGI Group Inc. (TSX: GIB.A; NYSE: GIB)
today announced that it will continue providing managed services to
Interac Association for 3 additional years. This will extend the decade
long partnership until October 2013.
CGI will continue to be responsible for the technology management and
operations of the Interac Inter-Member Network, a national payments network for the processing of Interac Debit and Interac Shared Cash transactions. CGI also provides, under a separate agreement,
managed services in support of Interac e- TransferTM and Interac Online.
"With Interac branded services, you have instant access to your money virtually
anywhere in Canada 24/7 at the Point-of-Sale, Online or using Automated
Banking Machines," said Amanda Holden, Vice President, Operations,
Security and Technology, Interac Association and Acxsys Corporation.
"We chose to renew our technology management and operations agreement
for Interac Debit and Interac Shared Cash network managed services based on CGI's demonstrated ability
to provide high-quality and reliable services to the members of Interac
Canadians count on the safety, security and reliability of the Interac network nearly 4 billion times per year and CGI is proud to be part of
delivering this essential service across Canada," said Jamie Holland,
Senior Vice-President, CGI.
CGI offers financial services organizations innovative solutions that
use capabilities sourced beyond the four walls of a bank. We provide
managed IT and business process services and industry-leading business
applications that allow banks to focus on what's most important - their
clients. Our array of end-to-end managed services solutions is proven
to increase efficiencies, enhance service and help financial
institutions exceed their performance and strategic goals.
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
31,000 professionals. CGI provides end-to-end IT and business process
services to clients worldwide from offices and centers of excellence in
Canada, the United States, Europe and Asia Pacific. As at September 30,
2010, CGI's revenue was C$3.7 billion and its order backlog was C$13.3
billion. CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB)
and are included in both, the Dow Jones Sustainability Index and the
FTSE4Good Index. Website: www.cgi.com.
All statements in this press release that do not directly and
exclusively relate to historical facts constitute "forward-looking
statements" within the meaning of that term in Section 27A of the
United States Securities Act of 1933, as amended, and Section 21E of
the United States Securities Exchange Act of 1934, as amended, and are
"forward-looking information" within the meaning of sections 138.3 and
following of the Ontario Securities Act, as amended. These statements
and this information represent CGI Group Inc.'s ("CGI") intentions,
plans, expectations and beliefs, and are subject to risks,
uncertainties and other factors, of which many are beyond the control
of the Company. These factors could cause actual results to differ
materially from such forward-looking statements or forward-looking
information. These factors include and are not restricted to the timing
and size of new contracts, acquisitions and other corporate
developments; the ability to attract and retain qualified members;
market competition in the rapidly-evolving information technology
industry; general economic and business conditions, foreign exchange
and other risks identified in the Management's Discussion and Analysis
("MD&A") in CGI's Annual Report on Form 40-F filed with the U.S.
Securities and Exchange Commission (filed on EDGAR at www.sec.gov), and in CGI's annual and quarterly MD&A and Annual Information Form
filed with the Canadian securities authorities (filed on SEDAR at www.sedar.com), as well as assumptions regarding the foregoing. The words "believe,"
"estimate," "expect," "intend," "anticipate," "foresee," "plan," and
similar expressions and variations thereof, identify certain of such
forward-looking statements or forward-looking information, which speak
only as of the date on which they are made. In particular, statements
relating to future performance are forward-looking statements and
forward-looking information. CGI disclaims any intention or obligation
to publicly update or revise any forward-looking statements or
forward-looking information, whether as a result of new information,
future events or otherwise, except as required by applicable law.
Readers are cautioned not to place undue reliance on these
forward-looking statements or on this forward-looking information.
®, TM: Interac and Interac e-Transfer are trade-marks of Interac Inc. Used under license.
SOURCE CGI Group Inc.
For further information: For further information:
Lorne Gorber Senior Vice-President, Global Communications and Investor Relations
Director, Media Relations