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SULZBACH, Germany, May 24, 2018 /PRNewswire/ - CGI (NYSE: GIB) (TSX:
GIB.A) and Lufthansa Group, Germany's largest airlines, have entered into
a five-year strategic partnership for the delivery of
infrastructure and digitalization services. As part of Lufthansa's
multi-provider strategy, CGI will manage the company's traditional
infrastructure functions, such as its data center operations and
workplace/network services, as well as assist the company in
implementing its digitalization strategy.
As an initial project, CGI will assume responsibility for the
entire IT infrastructure operation of Lutfhansa AirPlus
International, providing services from CGI locations in Sulzbach,
Erfurt, Bremen, Bangalore (India), as well as locally in Neu-Isenburg. By
partnering with CGI, AirPlus expects not only to optimize its cost
structure, but also benefit from innovation and expertise in the
ongoing modernization of its IT landscape.
"This partnership is the starting point for future
infrastructure and application management projects that we plan to
implement together with CGI," said Dr. Roland Schütz, CIO at
Lufthansa Group. "With CGI, we have found an ideal partner that can
support us in implementing our digitalization strategy over the
long term."
"We look forward to the collaborative IT projects we will be
working on with CGI over the next five years," said Spencer Hanlon, Managing Director of AirPlus
International. "CGI's proximity to our headquarters in Neu-Isenburg
and its high quality standards convinced us that it was the right
partner, along with its committed and motivated team."
"Our local proximity, global delivery model and infrastructure
and digitalization expertise enable us, as a partner, to optimally
support Lufthansa Group on its digital transformation journey,"
added Torsten Strass, President Central & Eastern Europe at CGI. "We look forward to
further expanding our successful partnership with Lufthansa through
joint projects in the future."
About CGI
Founded in 1976, CGI is among
the largest independent IT and business consulting
services firm in the world.
With 73,000 professionals across the globe, CGI delivers
an end-to-end portfolio of capabilities, from IT and business
consulting to systems integration, outsourcing services
and intellectual property solutions. CGI works with clients
through a local relationship model complemented by a global
delivery network that helps clients digitally transform
their organizations and accelerate results. With annual
revenue of C$10.8 billion, CGI
shares are listed on the TSX (GIB.A) and the NYSE
(GIB). Learn more at www.cgi.com.
Forward-looking information and statements
This press
release contains "forward-looking information" within the meaning
of Canadian securities laws and "forward-looking statements" within
the meaning of the United States Private Securities Litigation
Reform Act of 1995 and other applicable United States safe harbours. All such
forward-looking information and statements are made and disclosed
in reliance upon the safe harbour provisions of applicable Canadian
and United States securities laws.
Forward-looking information and statements include all information
and statements regarding CGI's intentions, plans, expectations,
beliefs, objectives, future performance, and strategy, as well as
any other information or statements that relate to future events or
circumstances and which do not directly and exclusively relate to
historical facts. Forward-looking information and statements often
but not always use words such as "believe", "estimate", "expect",
"intend", "anticipate", "foresee", "plan", "predict", "project",
"aim", "seek", "strive", "potential", "continue", "target", "may",
"might", "could", "should", and similar expressions and variations
thereof. These information and statements are based on our
perception of historic trends, current conditions and expected
future developments, as well as other assumptions, both general and
specific, that we believe are appropriate in the circumstances.
Such information and statements are, however, by their very nature,
subject to inherent risks and uncertainties, of which many are
beyond the control of CGI, and which give rise to the possibility
that actual results could differ materially from our expectations
expressed in, or implied by, such forward-looking information or
forward-looking statements. These risks and uncertainties include
but are not restricted to: risks related to the market such as the
level of business activity of our clients, which is affected by
economic conditions, and our ability to negotiate new contracts;
risks related to our industry such as competition and our ability
to attract and retain qualified employees, to develop and expand
our services, to penetrate new markets, and to protect our
intellectual property rights; risks related to our business such as
risks associated with our growth strategy, including the
integration of new operations, financial and operational risks
inherent in worldwide operations, foreign exchange risks, income
tax laws, our ability to negotiate favorable contractual terms, to
deliver our services and to collect receivables, and the
reputational and financial risks attendant to cybersecurity
breaches and other incidents; as well as other risks identified or
incorporated by reference in this press release, in CGI's annual
and quarterly MD&A and in other documents that we make public,
including our filings with the Canadian Securities Administrators
(on SEDAR at www.sedar.com) and the U.S. Securities and Exchange
Commission (on EDGAR at www.sec.gov). Unless otherwise stated, the
forward-looking information and statements contained in this press
release are made as of the date hereof and CGI disclaims any
intention or obligation to publicly update or revise any
forward-looking information or forward-looking statements, whether
as a result of new information, future events or otherwise, except
as required by applicable law. While we believe that our
assumptions on which these forward-looking information and
forward-looking statements are based were reasonable as at the date
of this press release, readers are cautioned not to place undue
reliance on these forward-looking information or statements.
Furthermore, readers are reminded that forward-looking information
and statements are presented for the sole purpose of assisting
investors and others in understanding our objectives, strategic
priorities and business outlook as well as our anticipated
operating environment. Readers are cautioned that such information
may not be appropriate for other purposes. Further information on
the risks that could cause our actual results to differ
significantly from our current expectations may be found in the
section titled "Risk Environment" of CGI's annual and quarterly
MD&A, which is incorporated by reference in this cautionary
statement. We also caution readers that the above-mentioned risks
and the risks disclosed in CGI's annual and quarterly MD&A and
other documents and filings are not the only ones that could affect
us. Additional risks and uncertainties not currently known to us or
that we currently deem to be immaterial could also have a material
adverse effect on our financial position, financial performance,
cash flows, business or reputation.
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SOURCE CGI Group Inc.