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FAIRFAX,
Va., March 2, 2023 /PRNewswire/ - CGI Federal,
the wholly-owned U.S. operating subsidiary of CGI Inc. (NYSE: GIB)
(TSX: GIB.A), announced today that it will continue to support
consular services for the U.S. Department of State's Bureau of
Consular Affairs in the Republic of India. The services will be delivered under a
new, 10-year task order awarded in January
2023 under the Global Support Strategy for Overseas Consular
Support Services 2.0 (GSS 2.0) contract. Specifically, CGI Federal
will leverage its proven CGI Atlas360 solution to provide critical
on-site processing support for consular services.
"CGI Federal is proud to extend its relationship with the Bureau
of Consular Affairs and provide capabilities that will maintain the
efficiency and security of the U.S. visa application process in
India," said Lacy Perry, CGI Federal Senior Vice-President,
Consulting-Delivery and International Affairs and Energy Business
Unit Account Lead. "As a trusted partner of the State Department,
CGI Federal will continue to leverage our experience in complex,
mission-critical environments to optimize the performance of U.S.
consular processes in this dynamic region of the world."
Configured to meet the needs of U.S. consulates, CGI Federal
will continue to leverage its CGI Atlas360 solution in India. The solution provides a
person-centric, end-to-end view of the visa application process
that is secure, and flexible. CGI Atlas360 also contains built-in
functionality that helps combat fraud and abuse in the appointment
system.
About CGI Federal
CGI Federal Inc., a wholly-owned U.S. operating subsidiary of
CGI Inc., is dedicated to partnering with federal agencies to
provide solutions for defense, civilian, healthcare and
intelligence missions. Founded in 1976, CGI is among the largest IT
and business consulting services firms in the world. With 90,250
consultants and other professionals across the globe, CGI delivers
an end-to-end portfolio of capabilities, from strategic IT and
business consulting to systems integration, managed IT and business
process 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 Fiscal 2022
reported revenue of C$12.87 billion,
CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn
more at 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 harbors. All such
forward-looking information and statements are made and disclosed
in reliance upon the safe harbor 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 Inc.