CGI-AMS financial management solution meets new government certification Momentum(R) 6.0 receives certification
March 23 2005 - 11:05AM
PR Newswire (US)
CGI-AMS financial management solution meets new government
certification Momentum(R) 6.0 receives certification FAIRFAX,
Virginia, March 23 /PRNewswire-FirstCall/ -- CGI-AMS Inc., the
wholly-owned U.S. operating subsidiary of CGI Group Inc. (CGI)
(TSX: GIB.SV.A; NYSE: GIB), announced today that CGI-AMS's
financial management system, Momentum 6.0, has been certified by
the U.S. Government's Financial Systems Integration Office
(formerly the U.S. Government's Joint Financial Management
Improvement Program) as meeting its requirements. The Financial
Systems Integration Office sets the financial management standards
required to implement objectives of the President's Management
Agenda, which specifically identifies improving financial
performance as one of five government-wide goals to enhance federal
management. Release 6.0 combines the robust functional capabilities
of Momentum with the latest in Web technology. This technology
upgrade greatly improves the system's interactions and navigation
techniques and provides the federal financial management community
with efficient tools to continue to improve its financial
performance. "This certification demonstrates CGI-AMS's continued
commitment to the Momentum solution and provides a alternative
expressly designed for government by people with deep federal
financial management domain knowledge," said Donna Morea, CGI-AMS
president. "Through Momentum 6.0, our federal agency customers will
be able to set a new standard of excellence when it comes to
delivering financial information that is crucial to their
decision-making processes." Momentum 6.0 extends beyond the
government's core financial system requirements to support complex
federal financial management activities, including the full federal
budget cycle and the complete federal acquisition life cycle. Since
1985, more than 60 customers have deployed CGI-AMS's federal
financial management systems, and with this certification all of
these customers now have a clear upgrade path to the Web-enabled
Momentum 6.0.
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About CGI-AMS CGI-AMS Inc. is the U.S. wholly-owned operating
subsidiary of CGI Group Inc. Founded in 1976, CGI is among the
largest independent information technology and business process
services firms in North America. CGI and its affiliated companies
employ approximately 25,000 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 India and Canada. CGI's annualized revenue
run rate is currently CDN$3.8 billion (US$3.0 billion) and at
December 31, 2004, CGI's order backlog was CDN$13 billion (US$10.3
billion). CGI's shares are listed on the TSX (GIB.SV.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: http://www.cgi.com/ . DATASOURCE: CGI GROUP INC.
CONTACT: For media inquiries contact: Jennifer McGihon, (703)
449-2350; Archived images on this organization are available
through CNW Photo Archive at http://photos.newswire.ca/. Images are
free to members of media.
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