Press Release
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CGI-AMS and Infoglide Software Announce Strategic Partnership
Chicago, Illinois, May 25, 2005 - CGI-AMS, the wholly owned U.S. operating subsidiary of CGI Group Inc. (TSX: GIB.SV.A; NYSE: GIB) and Infoglide Software, a leading provider of risk management solutions to the retail industry, have aligned to strategically advance both of their retail practices in North America and abroad. CGI-AMS, a dominant information technology and business process services provider in North America, seeks to aggressively expand its footprint in the retail industry. Infoglide Software will benefit from CGI-AMS' strength and expertise, expanding Infoglide Software's proven, robust, and scaleable risk management solutions to broader markets. The collaboration will utilize CGI-AMS' proven global delivery model to offer a choice of high quality, real-time deployment of risk management solutions, or a full end-to-end managed services option, each designed to achieve considerable return on technology investments almost immediately.
The alliance provides a full range of products and services for virtually every aspect of risk management, including transitioning from current solutions to CGI-AMS/Infoglide Software in a way that maximizes existing investments and infrastructure while generating the greatest return on investment.
“We look forward to bringing our clients and the retail industry enhanced software and services delivered with the unparalleled quality to which they have become accustomed to receiving from CGI-AMS," said Robert Barcum, Senior Vice President, CGI-AMS. “We are very pleased to be aligning with a company with such a strong offering in the retail space. We strongly believe that this partnership will bring increased market opportunity for us and added value for our existing and future retail clients."
"Our retail risk management suite, built on the same proven technology as our leading counter-terrorism software, is unlike any other available in the retail market," said Tony Allen, Vice President of Infoglide Software. “We needed a partner that shares our vision and that has the world-class services capability to rapidly and cost-effectively deploy solutions that assess, manage, and dramatically reduce retail shrinkage and fraud risk. CGI-AMS is the perfect partner. We are bringing together the best of both companies to this opportunity. Our compelling and powerful technology combined with CGI-AMS's strength and global reach will offer a world class, cost-effective solution to the industry."
About CGI-AMS
CGI-AMS is the wholly owned U.S. 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 Canada, the US,
Europe and India. CGI's annualized revenue run-rate is currently
CDN$3.8 billion (US$3.1 billion) and at March 31, 2004, CGI's order
backlog was CDN$12.9 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: www.cgi.com.
About Infoglide Software Corporation
Infoglide Software Corporation (www.infoglidesoftware.com)
is the leader in the emerging transactional business intelligence
market. Infoglide Software provides a new generation of enterprise
software that enables organizations to apply business intelligence
in an operational environment by integrating real-time transactional
data with remote and disparate historical data to achieve true enterprise
intelligence. The company's enterprise software, Bladeworks™,
enables more accurate and informed decisions; streamlines operational
processes; increases efficiencies and reduces operational costs;
transforms data in real-time into useful and useable information;
improves customer service and customer interaction; and drives more
profitable relationships with customers. Bladeworks is used in business-critical
applications including enterprise risk management, automated fraud
detection, enterprise identity management, transactional CRM, compliance,
enhanced data connectivity, and enhanced data mining. Current markets
include financial services, information services, transportation,
retail, e-business, insurance, government, and CRM. Incorporated
in 1996, Infoglide Software is a privately held company headquartered
in Austin, Texas.
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Infoglide®, Infoglide Software™, Infoglide Software logo, and Bladeworks™ are trademarks of Infoglide Software Corporation. All other company or product names are the registered trademarks or trademarks of their respective owners.
