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Technology Stocks : Command Systems, Inc. (CMND)

CMND 0.0743

+3.2%

Dec 12 9:30 AM EST

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To: Big Dog who wrote (1239)	8/5/1998 8:38:00 AM
From: Big Dog	of 1956

Here's an example of the outsourcing trend: CGI Signs Full Outsourcing Contract With U.S.-Based Insurance Company JULY 31, 1998 MONTREAL, QUEBEC--CGI and Long Island, N.Y.-based Interboro Mutual Indemnity Insurance Company today announced the signing of an outsourcing agreement according to which CGI will provide Interboro with a full range of business solutions and outsourcing services. CGI expects the agreement to generate revenue of approximately CDN$16 million over its ten-year term. "Interboro was seeking to renew and broaden its portfolio of property and casualty insurance products based on advanced technology, in order to strengthen its competitive advantage," said Interboro Chairman of the Board and President Andrew E. Festa. ... Jean Brassard, CGI's President and COO, added: "We are pleased that Interboro chose us to support them as they leverage technology to strengthen their competitive advantage. CGI and its U.S. subsidiary ISI Systems have the resources and infrastructure to meet all of Interboro's IT and insurance needs."

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