Telstra
and
CGI Continue Strong Partnership with Contract for Credit Assessments
and
Collections Platform
Contract
is anchored by Strata®, a key CGI solution for the global Telecommunications
Industry
Sydney,
Australia, April 17, 2007
- CGI Group Inc.
(CGI) (TSX: GIB.A; NYSE: GIB) today announced the signing of a contract
to
implement CGI’s patented Strata® solution in order to modernise the billing and
customer care environment of its long-standing partner, Telstra. The
Strata
decisioning capabilities will be integrated with a solution based on
out-of-the-box Siebel CRM, Kenan Billing and Tribold Product Catalog
capabilities.
As
part of the initial deployment, CGI will replace Telstra’s existing decisioning
application used for Credit Assessments and centralise it on the Strata
platform
for both Credit Assessments and Collections. Telstra will be using a
broad range
of Strata’s native capabilities in monthly processing of individual and business
accounts. With Strata, organizations can make profitable and efficient
decisions
throughout the customer life cycle and improve performance in every area,
including:
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Customer
level risk assessment for new applications,
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Assignment
of
treatment decisions for delinquent accounts,
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Credit
limit
updates, and
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Treatment
decisions for accounts over
limit.
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Strata
will provide
out-of-the-box assessment functionality for Telstra that can easily be
configured without the need for customisation and the ability to incorporate
existing processes into the Strata application.
“We’re
delighted
Strata will become a vital part of Telstra’s new credit infrastructure to help
them transform their IT environment and capabilities,” said Jonathan Light,
Vice-President, Managing Director, CGI in Australia. “We are proud to be
considered a long-standing, trusted partner to Telstra.”
About
Strata
CGI’s
decision management solution, Strata® Enterprise, integrates and leverages
information from every point on the customer value chain. With improved
decision
support and a unified customer view, organizations obtain better response
and
approval rates, higher utilization and wallet share, lower attrition
rates, and
increased cash collection.
Strata
has been implemented at more than 50 organizations worldwide, including
six of
the top 10 U.S. banks, seven of the top 10 U.S. telecommunications carriers,
and
multiple state agencies. CGI has been granted eight U.S.
patents
for the decision management innovations built into Strata.
About
CGI
Founded
in 1976, CGI Group Inc. is one of the largest independent information
technology
and business process services firms in the world. 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
North America, Europe and India. CGI's annualized revenue run rate stands
at
$3.6 billion (US$3.1 billion) and at December 31st, 2006, CGI's order
backlog
was $12.6 billion (US$10.9 billion). CGI shares are listed on the TSX
(GIB.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: www.cgi.com.
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 the Ontario Securities Act,
as amended. These statements and this information represent CGI Group
Inc.’s
(“CGI”) 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 and 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 information
technology industry; general economic and business conditions, foreign
exchange
and other risks identified in the Management’s Discussion and Analysis
(“MD&A”) in CGI’s Annual Report or Form 40-F filed with the U.S. Securities
and Exchange Commission (filed on EDGAR at www.sec.gov),
and in CGI’s
annual and quarterly MD&A and 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. Except to
the extent
required by law, 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. Readers are
cautioned not to place undue reliance on these forward-looking statements
or on
this forward-looking information.
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For
more information:
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Business
Development
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Media
Relations
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Michael
Shepherd
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Philippe
Beauregard
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Director,
Consulting Services
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Director
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Michael.shepherd@cgi.com
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Corporate
Communications and Public Affairs
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(02)
9243 5877
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philippe.beauregard@cgi.com
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(514)
841-3218
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