COMCEL Awards CGI A Telecommunications Contract In Colombia.MONTREAL--(BUSINESS WIRE)--March 10, 1999--Colombian-based wireless telecommunications operator, Comcel Comunicacion Cellular S.A. (COMCEL), and CGI CGI in full Common Gateway Interface. Specification by which a Web server passes data between itself and an application program. Typically, a Web user will make a request of the Web server, which in turn passes the request to a CGI application program. are pleased to announce the signing of a US$9.1 million systems integration contract. CGI, with support from its partner LHS (filename extension) lhs - The filename extension for literate Haskell source files. Group Inc., will act as the system integrator, responsible for the customization and implementation of LHS' BSCS BSCS Biological Sciences Curriculum Study BSCS Bachelor of Science in Computer Science BSCS Business Support & Control System BSCS Black Sea Coastal States (Bulgaria, Georgia, Romania, Russia, Turkey, Ukraine) version 5.2 software, to provide COMCEL with a fully integrated billing and customer care system. "We selected CGI for its track record in fulfilling similar telecommunications integration work around the world, and for the quality of their service and delivery," stated Peter H. Burrowes, COMCEL's President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "Their experience in integrating systems of this kind, their project management capabilities and ability to deliver on time and on target made them the right choice for supporting us in this project." "It's a privilege to work with COMCEL, a leader in the Latin American telecommunic cellular company in Colombia. We believe that this project provides us with valuable expertise which positions us well for other similar contracts in Latin America and elsewhere," said Jean Brassard, CGI's President and COO. "We are looking forward to building more partnerships of this kind." COMCEL's new system is LHS' scalable, modular customer care and billing solution BSCS which supports innovative marketing and pricing for telecommunications services. It will allow COMCEL to enhance its customer service by improving functions in billing and ordering; marketing, promotions and sales; and facilitation. Customers will receive one bill to cover all services supported by the system. COMCEL S.A. is Colombia's largest cellular provider, operating in Colombia's leading political, commercial and financial centres. Founded in 1994, COMCEL has experienced significant subscriber and revenue growth to more than 700, 000 subscribers, and has captured 55 percent of the market share in Colombia's eastern region, 54 percent in the western region and 48 percent of the entire country. In March 1998, COMCEL merged with OCCEL, another leading Colombian cellular service provider, when COMCEL's largest shareholder, Bell Canada International, bought 68.4 percent of OCCEL's common stock. Its digital technology allows COMCEL to include additional revenues through the sale of digital specific value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. cellular services, such as call forwarding, call waiting, three way conference calling and voice mail. CGI is the largest independent information technology consulting Information technology consulting (IT consulting or business and technology services) is a field that focuses on advising businesses on how best to use information technology to meet their business objectives. firm in Canada and the sixth largest in North America. It provides end-to-end IT services and business solutions to some 2,000 clients in Canada, the United States and 20 countries around the world. CGI has 8,000 professionals, an annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. revenue-run rate of $1.3 billion and an order backlog totaling approximately $6.7 billion. The company currently has proposals outstanding for an additional $4 billion in potential large contracts. CGI's shares are listed on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. (GIB See NIST binary. ), as well as on the Toronto and Montreal exchanges (GIB.A). They are included in the Toronto Stock Exchange's TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). 300 Composite and TSE 200 indexes. Web site: www.cgi.ca. LHS is a leading global provider of convergent client/server customer care, billing and customer acquisition software and services for the telecommunications industry. Its over 140 systems are installed in some 70 countries, operating in 13 languages. In addition to its Atlanta headquarters, LHS has major offices in Frankfurt, Germany; Kuala Lumpur, Malaysia; Boston and Miami, USA; and Zurich, Switzerland. LHS is listed with NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on (LHSG) and on the Frankfurt Neuer Markt Exchange (LHI LHI Local Heritage Initiative LHI Leading Health Indicator LHI Leasehold Improvement LHI Lars Hoej Informatik A/S (Danish translation technology company) LHI Lipschitz-Hankel Integral ). For more information, visit LHS' web site at www.lhsgroup.com. All statements contained in this or any other press release of CGI Group Inc., or in any document filed by the Company with the U.S. Securities and Exchange Commission, or in any other written or oral communication by or on behalf of the Company, that do not directly and exclusively relate to historical facts, constitute "forward looking statements" within the meaning of the U.S. Private Securities Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Report Act of 1995. These statements represent the Company's expectations and beliefs, and no assurance can be given that the results described in such statements will be achieved. This press release may contain forward looking statements that involve a number of risks and uncertainties, including statements regarding the outlook for the company's business and results of operations. There are a number of factors that could cause actual results to differ materially from those indicated. Such factors include, without limitation, the various factors set forth in the Company's annual report or Form 40F filed with the SEC and its Annual Information Form filed with Canadian securities commissions, which important factors are included here by reference. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion