FAIRFAX, VA, Oct. 16, 2017 - CGI (NYSE: GIB) (TSX: GIB.A) announced that is has been awarded a base plus four years and a potential ceiling of $900+ million contract renewal with the U.S. Department of State, Bureau of Consular Affairs for onsite management, administration and processing support at three passport centers and 24 passport agencies nationwide. Under the Passport Production Support Services contract, CGI will continue to provide passport applications processing, passport book processing, customer service support, document and quality control, and mail-out services for the Bureau's Passport Services Directorate.
"Production and management of passports and travel cards is a vital citizen service and critical government mission that helps ensure the flow of commerce and tourism while safeguarding U.S. borders," said Kenyon Wells, Senior Vice-President, CGI. "We are pleased to continue our long-term relationship with the Department of State as the lead provider of secure passports to the traveling public."
CGI has provided support for passport services since 1992, and since 2006 has managed the contract for Book Personalization Facilities that is expected to print more than 20 million passports and travel cards in 2017. CGI also provides visa support services to U.S. embassies and consulates in 70 countries.
"For the Department of State, we will continue to build on an excellent delivery record by providing an experienced passport services management team, a seasoned workforce, an ISO 9001 quality platform and continuous improvement initiatives," said Wells.
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, 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 70,000 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.
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 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.
For more information:
Investors
Lorne Gorber
Executive Vice-President, Global Communications and Investor Relations
lorne.gorber@cgi.com
+1 514-841-3355
Media
Jennifer Goodman Horowitz
Director, Communications
jennifer.horowitz@cgi.com
+1 703-227-4636