Integrated material management system delivers
worldwide visibility
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GIB (NYSE)
GIB.A (TSX)
www.cgi.com/newsroom
FAIRFAX, VA, Sept 1, 2015 /CNW Telbec/ - CGI (NYSE: GIB) (TSX:
GIB.A) today announced that it has won a five-year (one base plus
four option years) contract with the U.S. Army Sustainment Command
(ASC) for software development and support of the Integrated
Materiel Management Operations Systems (IMMOS) application suite.
The base year has been incrementally funded at US$3.1 million. If all options are exercised, the
contract value will be US$55.8
million with a completion of date July 31, 2020. The work will be performed in
Alexandria, Virginia and at
multiple locations within the continental United States and overseas.
From warfighting to humanitarian relief, the Army must be able to
track and identify equipment stored and serviced at designated
facilities worldwide. ASC uses the IMMOS suite to perform
asset tracking and maintenance management tasks for army
prepositioned stocks, helping to assure that deploying units
receive the right equipment at the right time to complete their
missions.
CGI developed and has supported IMMOS logistics software
applications since 1994. During this time, system innovations
have included real time Care of Supplies in Storage (COSIS) and
warehouse management functionality; radio-frequency identification
tag and network management tools; business intelligence;
accountability, inventory and maintenance reporting; and automated
equipment hand-off and receipt-back capability.
"We are gratified to see our logistics systems expertise recognized
and intend to continue supporting this vital client with high
quality service and support for years to come," said Pat Dougherty, Senior Vice President, CGI.
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 annual revenue in excess of
C$10 billion and an order backlog of
approximately C$20 billion, CGI
shares are listed on the TSX (GIB.A) and the NYSE (GIB). Website:
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 www.sec.gov), and in the
Company's 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.
SOURCE CGI Group Inc.