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.
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 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.
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For more information:
CGI
Yvonne
Gibson
Director of Communications,
Canada
yvonne.gibson@cgi.com
905-695-6421
