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Contract is anchored by Strata(R), a key CGI solution for the global
SYDNEY, Australia, April 17 /CNW Telbec/ - CGI Group Inc. (CGI)
(TSX: GIB.A; NYSE: GIB) today announced the signing of a contract to implement
CGI's patented Strata(R) solution in order to modernise the billing and
customer care environment of it's long-standing partner, Telstra. The Strata
decisioning capabilities will be integrated with a solution based on
out-of-the-box Siebel CRM, Kenan Billing and Tribold Product Catalog
As part of the initial deployment, CGI will replace Telstra's existing
decisioning application used for Credit Assessments and centralise it on the
Strata platform for both Credit Assessments and Collections. Telstra will be
using a broad range of Strata's native capabilities in monthly processing of
individual and business accounts. With Strata, organizations can make
profitable and efficient decisions throughout the customer life cycle and
improve performance in every area, including:
- Customer level risk assessment for new applications,
- Assignment of treatment decisions for delinquent accounts,
- Credit limit updates, and
- Treatment decisions for accounts over limit.
Strata will provide out-of-the-box assessment functionality for Telstra
that can easily be configured without the need for customisation and the
ability to incorporate existing processes into the Strata application.
"We're delighted Strata will become a vital part of Telstra's new credit
infrastructure to help them transform their IT environment and capabilities,"
said Jonathan Light, Vice-President, Managing Director, CGI in Australia. "We
are proud to be considered a long-standing, trusted partner to Telstra."
CGI's decision management solution, Strata(R) Enterprise, integrates and
leverages information from every point on the customer value chain. With
improved decision support and a unified customer view, organizations obtain
better response and approval rates, higher utilization and wallet share, lower
attrition rates, and increased cash collection.
Strata has been implemented at more than 50 organizations worldwide,
including six of the top 10 U.S. banks, seven of the top 10 U.S.
telecommunications carriers, and multiple state agencies. CGI has been granted
eight U.S. patents for the decision management innovations built into Strata.
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 25,000 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 annualized
revenue run rate stands at $3.6 billion (US$3.1 billion) and at December 31st,
2006, CGI's order backlog was $12.6 billion (US$10.9 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.
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 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
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 or 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. Except to the extent required by law, 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. Readers are cautioned not to place undue reliance on
these forward-looking statements or on this forward-looking information.
For further information:
For further information: Business Development: Michael Shepherd,
Director, Consulting Services, (02) 9243 5877, firstname.lastname@example.org; Media
Relations: Philippe Beauregard, Director, Corporate Communications and Public
Affairs, (514) 841-3218, email@example.com