CGI Group Inc. (CGI) (TSX:
GIB.A; NYSE: GIB), and the New York Metropolitan Transportation Authority (MTA)
today announced the signing of a five-year contract renewal valued at US$16
million to continue current operations of the Transit Adjudication Bureau (TAB)
of MTA New York City Transit (NYC Transit ). The NYC Transit is the largest
agency within the New York Metropolitan Transportation Authority (MTA). The
award builds on a successful partnership between NYC Transit and CGI that began
in 1985.
CGI has been entrusted to provide all of the functions
necessary to ensure the continued successful and streamlined operations of TAB,
which processes Notices of Violation (or “TAB Summonses”) that New York City
Police Department officers serve to violators of the NYC Transit’s “Rules of
Conduct.” CGI is responsible for the timely and complete processing of an
average of 150,000 summonses annually in a manner that protects the rights of
citizens, eases access for them and provides maximum operational benefit to NYC
Transit.
CGI operates TAB’s six major units: inquiry, payment
processing, hearing support, collections, enforcement and administration. CGI
also operates and maintains the state-of-the-art summons processing system it
developed, and provides support for facilities management, operations and
disaster recovery.
“TAB’s decision to continue its longstanding
relationship with CGI is proof of our solid track record of high quality
performance and client satisfaction,” said Donna Morea, President, CGI, US and
India Operations. “This agreement also reaffirms our commitment to the City of
New York to provide its citizens with the same level of quality service that we
have delivered to TAB for over 20 years.”
New York City Transit is one
of the most extensive and complex public transportation systems in the world,
operating 24-hour-a-day bus and subway service throughout five boroughs. New
York City Transit has more buses than any other public agency in North America
and the largest subway car fleet anywhere.
CGI in the Public
Sector
With over 5,000 professionals dedicated to the public sector and
more than $1 billion in revenue from this sector, CGI is one of the largest IT
and business process services providers to government in Canada and the United
States. CGI’s deep expertise enables public sector clients to modernize and
transform with services and solutions that improve the citizen experience,
increase efficiency and improve accountability.
About
CGI
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 24,500 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 fiscal 2006 revenue was
$3.5 billion (US$3.1 billion) and at September 30, 2006, CGI's order backlog was
$12.7 billion (US$11.4 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.
CGI 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 the Ontario Securities Act, as amended. These
statements and this information represent CGI Group Inc.’s (“CGI”) 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 and 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 information
technology industry; general economic and business conditions, foreign exchange
and other risks identified in the Management’s Discussion and Analysis
(“MD&A”) in CGI’s Annual Report or Form 40-F filed with the U.S. Securities
and Exchange Commission (filed on EDGAR at www.sec.gov), and in CGI’s annual and
quarterly MD&A and 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. Except to the extent required by
law, 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. Readers are cautioned not to
place undue reliance on these forward-looking statements or on this
forward-looking information.
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For more
information:
Investors
Lorne Gorber
Vice-President, Global
Communications and
Investor Relations
lorne.gorber@cgi.com
(514)
841-3355
Media
Philippe Beauregard
Director, Public
Affairs
philippe.beauregard@cgi.com
(514) 841-3218
