CGI, LOCATOR TECHNOLOGIES AND NATIONAL VEHICLE SERVICE DATABASE WILL HELP DETECT MOVEMENT OF STOLEN AND UNSAFE VEHICLES ACROSS NORTH AMERICAN BORDERS
To assist insurers and other organizations to detect vehicle theft and prevent
fraud, CGI Group Inc. (TSX: GIB.A; NYSE: GIB), Locator Technologies LLC (LT) and
National Vehicle Service (NVS), a-not-for-profit company today announced the
development of a shared database of automobile information for cars in Canada,
the United States and Mexico.
This service will identify potentially stolen or unsafe vehicles that were transported over international borders. Additional information that will be available includes:
- lien verification
- on-line vehicle auction information
- impounded US and Canadian vehicle identification
- vehicles exported from the U.S
- Canadian insurance claims
- U.S. total vehicle loss
- U.S., Canadian and Mexican theft verification
"The addition of this verification process to
timely data sources from across North America to CGI's AutoPlus suite of
products will allow our clients to make informed decisions based on the true
status of the vehicle from an insurability point of view," said Wayne Beck,
Vice-President, Consulting Services, CGI. "We are committed to addressing the
changing flow of vehicles between Canada and the United States by adding
additional sources of information to the verification process to insure our
clients are aware of the true identity of each vehicle which will enhance the
overall value proposition of our services."
CGI’s Autoplus is Canada’s largest database of automobile policy and claims containing 40 million policy records and 30 million claims that span more than 15 years.
“I am very confident that this data exchange partnership will assist National Vehicle Service to achieve our mission to be recognized as a world leader in providing unique vehicle theft, vehicle fraud and asset protection solutions to the law enforcement community, vehicle finance, insurance and rental car industries," says Jim Spiller, President and CEO of National Vehicle Service and retired National Insurance Crime Bureau (NICB) executive.
The database will be augmented with verifications provided by the organizations and will be available by the end of 2007.
About Locator Technologies, LLC
Locator Technologies, LLC is a California corporation in the US that collects electronic vehicle lien information for US, Canadian and Mexican lenders to assist them in monitoring their vehicle assets. LT also makes its vehicle lien data available through NVS to law enforcement agencies worldwide, while utilizing key law enforcement information to assist its clients. Website: www.locatortechnologies.com.
About National Vehicle Service
National Vehicle Service, a not-for-profit company incorporated in the State of Illinois, provides services to Law Enforcement agencies and various clients in the insurance industry, financial industry and car rental industry. The companies mandate is to assist its member agencies to protect against vehicle theft and fraud as well as facilitate vehicle recovery and identification. Website: www.nvsliens.org.
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 25,500 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 annual revenue run rate stands at $3.7 billion (US$3.5 billion) and at June 30th, 2007, CGI's order backlog was $12.4 billion (US$11.6 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.
For more information:
Director of Communications, Canada