CGI to Distribute CNC's Human Resources Management
Application Throughout Quebec's Healthcare Network
MONTREAL, QUEBEC--AUGUST 1, 2001 - 13:41 EDT
The agreement represents potential revenues of more than Cdn$6
million for CNC
Management of Central Network Communications Inc. ("CNC")
announces that, through its subsidiary Soft Dimension Inc., it has
entered into a memorandum of understanding with CGI Group Inc.
("CGI") for the distribution of three modules of its human
resources management application throughout Quebec's healthcare
sector. CGI will integrate CNC's application into its ASP Health
solution, a total management solution based on SAP technology
already implemented with great success in several hospitals across
the province. Scheduled to be ratified by September 2001, this
agreement would provide CNC with more than Cdn$6 million in
revenues, including a definite Cdn$1 million over the next 12
months.
CNC's application features human resources management, staffing,
scheduling and payroll. The three modules covered by this
agreement are the recall list, work scheduling and electronic
timesheets. Developed mainly for the healthcare sector, this
application has been implemented in such establishments as the
LeGardeur Hospital, the Montreal Jewish Hospital and the Portneuf
Hospital. Powerful, versatile and cost-effective, the application
also handles human resources management at Cabano-Kingway, Drakkar
Human Resources, MAAX, Secur, City of Montreal (Occupational
Health and Safety) and several other well-known organizations.
The fourth largest independent information technology consulting
company in North America, CGI offers healthcare centres a unique
solution combining administrative, medico-administrative, clinical
and e-business applications. Luc Bouchard, Vice-President,
Business Development, Health and Social Services at CGI, said:
"CNC's solution ideally meets the human resources management needs
of healthcare centres across Quebec. It will definitely enable us
to further strengthen the uniqueness of our ASP Health solution."
"We will gradually transfer our knowledge of the application to
CGI which will take over without difficulty," said Carol Brunet,
CNC's Executive Vice-President. "With its sales and
implementation force, CGI will be able to establish our solution
as a true standard in Quebec's healthcare sector."
There are about 1,000 hospitals and over 2,000 extended-care
centres across Canada. Quebec alone has approximately 200
hospitals, some 400 local community health services centres
(CLSCs) and more than 400 residential and extended-care centres
(CHSLDs). "Considering the size of the potential market, we
believe that this agreement will provide CNC with close to Cdn$6
million in royalties," added Mr. Brunet.
"CGI is an ideal partner: CNC designs and markets applications,
whereas CGI integrates the best applications for its clients'
benefit. We are confident that this agreement marks the start to
a rewarding, long-term business relationship," concluded Mr.
Brunet.
Central Network Communications Inc.
Central Network Communications Inc. markets proven IT solutions
targeted to important potential markets. Through alliances,
licences or mergers/acquisitions, CNC holds the marketing rights
to three applications aimed at cost management in the health
sector; human resources management; and the construction and
management of Internet portals. These three applications can be
combined to provide health sector players with a complete and
integrated solution. Headquartered in Montreal, CNC is a public
company listed on the OTC-Other market under the ticker symbol
CNCW. For further information, please visit the Web site at:
www.centralnetcom.com.
About CGI
Founded in 1976, CGI is the fourth largest independent information
technology services firm in North America, based on its headcount
of more than 13,000 professionals. CGI's annualized revenue
run-rate totals US$1.3 billion (CDN$2.0 billion). CGI's order
backlog currently totals US$5.7 billion (CDN$8.8 billion). CGI
provides end-to-end IT services and business solutions to more
than 3,000 clients in the United States, Canada, the United
Kingdom, France, India, Japan, and Australia from more than 60
offices in more than 20 countries. CGI's shares are listed on the
NYSE (GIB) and the TSE (GIB.A). They are included in the TSE 300
Composite Index as well as the S&P/TSE Canadian Information
Technology and Canadian MidCap Indices. Website: www.cgi.ca.
The statements contained herein other than those based on
historical facts are forward-looking statements in regard to the
Company's future plans, projections, returns or performances. The
latter entail certain risks and uncertainties that could cause
actual results to differ materially from the forecast results.
Such risks relate among others to the implementation schedule as
well as to the scope and success of the program described above. |
