U.S. Department of State, Bureau of Consular Affairs Awards a US$50.4 Million Task Order to Stanley, a CGI Federal Subsidiary
June 06 2012 - 9:26AM
Marketwired
The U.S. Department of State, Bureau of Consular Affairs has
awarded Stanley Associates, Inc. (Stanley), a wholly-owned
subsidiary of CGI Federal Inc. (CGI) (NYSE:GIB)(TSX:GIB.A), a
US$50.4 million firm-fixed-price task order with a two-year base
and four one-year option periods on its 10-year multiple award,
indefinite-delivery, indefinite-quantity Global Support Strategy
(GSS) for visa support services contract. This is the seventh task
order won under the GSS contract.
Under the award, the company will provide business process
support services to assist with the processing of non-immigrant and
immigrant visa applications in India. Support services will include
offsite biometric collection services as well as providing
information to applicants about the application process,
appointment services, fee collection, and document delivery.
With this award, the company supports visa processing operations
in 33 countries across Asia, Asia Pacific, Central America, Eastern
Europe, Russia and its Southern Neighbors, and West Africa.
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, and intelligence missions.
Founded in 1976, CGI Group Inc. is one of the largest independent
information technology and business process services firms in the
world. CGI provides end-to-end services with approximately 31,000
professionals located in offices and centers of excellence in the
United States, Canada, Europe and Asia Pacific. As at March 31,
2012, CGI's annualized revenue was approximately $4.3 billion and
its order backlog was approximately $13.1 billion. CGI shares are
listed on the NYSE (GIB) and the TSX (GIB.A) and are included in
both the Dow Jones Sustainability Index and the FTSE4Good Index.
Website: www.cgi.com/usfederal.
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.
www.cgi.com/newsroom
Contacts: Investors Lorne Gorber Senior Vice-President, Global
Communications and Investor Relationslorne.gorber@cgi.com
514-841-3355 Media Linda Odorisio Vice-President, US
Communicationslinda.odorisio@cgi.com 703-267-8118
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