AMSTELVEEN, NETHERLANDS -- (Marketwired) -- 04/10/13 -- ProRail, which manages the Dutch railway, has selected CGI (NYSE: GIB)(TSX: GIB.A) as one of its software management and development partners. CGI will help to develop and manage ProRail's mission-critical traffic control systems under a six-year agreement with a four-year extension option. The first project to be delivered under the contract is valued at more than EUR10 million.
ProRail's mandate is to ensure that over 6,000 trains for passengers and cargo run smoothly in the Netherlands. Its traffic control systems need to function flawlessly 24 hours a day, 7 days a week to help 1,200,000 passengers reach their destinations daily. Management of these systems, therefore, is highly critical; adjustments must take place without impacting business continuity.
Over the next decade, CGI and ProRail will focus on quality management and technical support, as well as ongoing innovation.
CGI has a longstanding relationship with ProRail, as well as in the field of traffic control and travel information systems. Previously, CGI developed a solution called Train Observation & Tracking System (TROTS) for ProRail. This train number tracking system provides information to traffic controllers about the position of trains. With this solution, traffic controllers always have accurate, real-time information for use in directing train traffic and ensuring the safety of train passengers.
"ProRail appreciates the good relationship we have with all our suppliers, including CGI," said Kees Bronner, manager of IT train service systems at ProRail. "We are confident that CGI will contribute in a significant way to a timely and safe railway, thanks to its expertise and knowledge of traffic control systems. We are looking forward to expanding our long-term relationship with CGI."
"CGI has years of experience in managing mission-critical systems for a large number of clients," said Ron de Mos, Senior Vice-President and General Manager for CGI's operations in the Netherlands. "With ProRail, we have built a long-term relationship; our professionals know the rails, and they understand what traffic controllers need in their day-to-day work. We know what requirements IT systems must comply with and how we can use the latest technology to make train traffic run smoothly."
Founded in 1976, CGI Group Inc. is the fifth largest independent information technology and business process services firm in the world. With approximately 71,000 members located in offices and global delivery centers in the Americas, Europe and Asia Pacific, CGI offers a comprehensive portfolio of services including high-end business and IT consulting, systems integration, application development and maintenance, infrastructure management as well as a wide range of proprietary solutions. Further to the recent completion of the Logica acquisition, CGI's annualized revenue is approximately C$10.4 billion, with an estimated order backlog of approximately C$17.6 billion; CGI's shares are listed on the NYSE (GIB) and the TSX (GIB.A) and are included in the FTSE4Good Index. Website: www.cgi.com.
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.
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