CGI wins US$9.48 million task order from the U.S. Department of State’s Bureau of Consular Affairs
The U.S. Department of State, Bureau of Consular Affairs, has awarded Stanley Associates, Inc. (Stanley), a wholly-owned subsidiary of CGI Federal Inc. (CGI) (NYSE: GIB ; TSX: GIB.A), a US$9.48 million firm-fixed-price task order with a one-year base and four, one-year option periods on its 10-year multiple award, indefinite-delivery, indefinite-quantity Global Support Strategy (GSS) for visa services contract. This is the second task order won under the GSS contract, which has a US$2.8 billion ceiling.
Under this task order award, CGI will provide business process services to support the processing of non-immigrant and immigrant visa applications, including information services, fee collection, appointment services and document delivery, at U.S. embassies and consulates located in Ghana, Nigeria, Sierra Leone, The Gambia, and Liberia.
“We are pleased to take on additional mission support work for the Department of State’s Bureau of Consular Affairs operations in Africa,” said Paul Belanger, Senior Vice-President, CGI. “Our team will be leveraging our global visa experience across 56 countries as well as deep understanding of the West Africa region to provide an integrated, flexible, applicant-centric, and secure solution. We look forward to providing support services to more than 111,000 visa applicants annually in West Africa—which builds on our other recent GSS win for providing visa services for more than 320,000 visas annually in the Philippines, Malaysia, Indonesia and Singapore.”
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 and civilian missions. 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 the United States, Canada, 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 NYSE (GIB) and the TSX (GIB.A) 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 and constitute 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: uncertainties as to the timing of the tender offer and the merger; uncertainties as to how many of the Stanley stockholders will tender their shares in the offer; the risk that competing offers will be made; the possibility that various closing conditions for the transaction may not be satisfied or waived, including regulatory approvals; 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 Report on Form 40-F filed with the U.S. Securities and Exchange Commission (filed on EDGAR at www.sec.gov), CGI’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.
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