FAIRFAX, Virginia, April 14, 2015 /PRNewswire/ --
Move creates additional channel for
CGI services to government customers
Stock Market Symbols
GIB (NYSE)
GIB.A (TSX)
http://www.cgi.com/newsroom
The United States Department of Agriculture (USDA) recently
announced that the General Service Administration's (GSA) shared
service offering of CGI Federal Inc.'s (CGI) (NYSE: GIB) (TSX:
GIB.A) Momentum financial, budget, asset and procurement platform
has completed transition to USDA stewardship. USDA is committed to
offer Momentum as a Federal Shared Service, available across
federal agencies as part of an ongoing U.S. initiative to improve
return on investment, eliminate waste and improve the effectiveness
of government IT solutions.
"We are excited that a designated Shared Service Provider will
carry CGI's Momentum offering," said Timothy Hurlebaus, President, CGI Federal. "By
partnering with the USDA, we are able to provide federal customers
with a trusted, proven and comprehensive solution that drives
government efficiency and creates value for taxpayers."
Federal Shared Services are part of an ongoing effort by the
Office of Management and Budget and Department of Treasury to
increase sharing of IT solutions and processes. Through the use of
shared services, agencies achieve a higher degree of
standardization, cost savings and the ability to more effectively
focus on core missions and services. As a new addition to the
USDA's shared services portfolio, CGI's Momentum offers a highly
secure software platform built specifically for the unique
requirements of the federal government that is already in use by
more than 100 customers across all branches of government.
"Already a well-respected provider of human resources, payroll,
and financial management services, the USDA today strengthens its
commitment to Federal Shared Service clients through access to a
CGI solution that features maximum flexibility in the most dynamic
agency environments," said Stephanie
Mango, CGI Federal Vice President and ERP Practice leader.
"For CGI, this opportunity complements our current Shared Services
Practice, which includes similar offerings for agencies looking to
leverage our market-leading solutions, customer service and
commitment to effective government operations."
About CGI Federal Inc.
CGI Federal Inc. is a wholly-owned U.S. operating subsidiary of
CGI Group Inc., dedicated to partnering with federal agencies to
provide solutions for defense, civilian, and intelligence missions.
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 annual revenue in excess of
C$10 billion and an order backlog
exceeding C$20 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: Lorne Gorber, Senior
Vice-President, Global Communications and Investor Relations,
lorne.gorber@cgi.com , +1-514-841-3355
Media: Linda Odorisio,
Vice-President, Global Communications, linda.odorisio@cgi.com ,
+1-703-267-8118