STOCKHOLM, December 15, 2014 /PRNewswire/ --
Stock Market Symbols
GIB (NYSE)
GIB.A (TSX)
http://www.cgi.com/newsroom
CGI (NYSE: GIB) (TSX: GIB.A) is pleased to announce that
PostNord Group, a leading logistics company in the Nordic region,
has renewed its payroll outsourcing contract for five years, with
the option of a two-year extension. CGI will continue to manage
PostNord's payroll processes for approximately 26,000 employees
across its Swedish operations.
PostNord has outsourced its payroll processes to CGI since 2005
with the objectives of increasing quality and flexibility. "At
PostNord, we have challenging payroll demands, and our
collaboration with CGI has ensured those challenges are met, that
quality is maintained, and that delivery is cost-effective," said
Finn Hansen, Chief HR Officer,
PostNord. "Flexibility, in particular, is vital, and the
agreement will allow us to continue to focus on effectively
managing variable costs."
"PostNord is at the front edge when it comes to using modern
technologies to streamline its business processes," said Fredrik
Almén, Vice President IP and BPS, who leads CGI's business process
services practice in Sweden. "CGI
has in-depth experience in delivering HR and payroll services, as
well as other BPS services, including business system, cash flow
control, and document and data services. We look forward to
continuing to evolve PostNord's payroll processes to meet its
current and future needs."
About CGI
Founded in 1976, CGI Group Inc. is the fifth largest independent
information technology and business process services firm in the
world. Approximately 68,000 professionals serve thousands of global
clients from offices and delivery centers across the Americas,
Europe and Asia Pacific, leveraging a comprehensive
portfolio of services including high-end business and IT
consulting, systems integration, application development and
maintenance, infrastructure management as well as a wide range of
proprietary solutions. With annualized revenue in excess of
C$10 billion and an order backlog
exceeding C$18 billion, CGI shares are listed on the TSX
(GIB.A) and the NYSE (GIB). Website: http://www.cgi.com
Forward-Looking Statements
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
Canadian securities laws. These statements and this information
represent CGI's 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
but 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 IT industry; general economic and business
conditions; foreign exchange and other risks identified in the
press release, in CGI's annual and quarterly Management's
Discussion and Analysis ("MD&A"), in CGI's Annual Report, in
CGI's Annual Report on Form 40-F filed with the U.S. Securities and
Exchange Commission (filed on EDGAR at http://www.sec.gov), and in
the Company's Annual Information Form filed with the Canadian
securities authorities (filed on SEDAR at http://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.
Investors and media: Lorne
Gorber, Senior Vice-President, Global Communications and
Investor Relations, lorne.gorber@cgi.com, +1-514-841-3355; Swedish
media: Anna Carlson, PR and Communications, anna.carlson@cgi.com,
+46(0)073-398-0119