CGI (NYSE: GIB) (TSX: GIB.A) today announced that it has been awarded the recompete of its US$32 million contract by the Department of State’s Bureau of Consular Affairs for visa processing support services in Russia, Kazakhstan and Mongolia. The award is a firm-fixed-price task order with four one-year extensions, made under the DOS Global Support Strategy indefinite-delivery, indefinite-quantity (IDIQ) contract.
Under the terms of the new agreement, CGI will continue to assist the government with non-immigrant and immigrant visa processing, providing information, appointment, document delivery and greeter services.
This contract provides the State Department’s consular affairs stations with numerous advantages, including the delivery of more consistent service levels. In addition, the Department gains far greater visibility into the visa process. Ultimately, the security of US borders is strengthened through vigilant adjudication of visa applications.
“We are gratified by this award and view it as a vote of confidence in the high quality support we have provided this important client during the last five years,” said Tim Hurlebaus, CGI Federal President. “CGI is proud to now support consular services in 70 countries around the world.”
About CGI Federal
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, healthcare 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 65,000 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 150 IP-based services and 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: www.cgi.com.
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.
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Executive Vice-President, Global Communications and Investor Relations
Vice-President, Global Communications, CGI