Calian Group Diversifies Government Customers With New IT and Cyber Security Service Agreements Worth in Excess of $10 million
Ottawa, ON April 10, 2018 – Calian Group Ltd. (TSX: CGY) is pleased to announce it has been awarded new IT and cyber security service agreements with Shared Services Canada, Canada Revenue Agency and Public Services and Procurement Canada.
These contracts awarded recently have terms of up to four years and an aggregate value of approximately $11 million.
Under the contracts Calian IT and Professional Services’ (ITPS) cyber professionals will provide services to develop and implement cyber strategies, standards and guidelines, and deliver threat and impact assessments. Calian will also deliver IT services in the areas of business transformation, IT architecture, SAP, IT systems and security services, as well as standards and policies.
“These contracts demonstrate the value of Calian’s IT and cyber capabilities to agencies across government,” said Sandra Cote, Vice President, Calian ITPS. “Our IT services output remains very strong and we are seeing increased demand for our full-service cyber practice as organizations recognize a need to be prepared for and respond to the next cyber attack or breach.”
“Customer diversification is part of our Four Pillar Growth Strategy. It is exciting to see the ITPS team bringing its expertise and extensive knowledge of government operations to new federal and municipal government customers,” added Jerry Johnston, acting President, BTS Division.
In addition to this contract, Calian ITPS’ recent partnership with PerfectMind, creators of the innovative membership management, activity registration and facility-booking platform, continues to yield business in the municipal market. Calian's expertise in professional IT services and experience with complex IT initiatives provides scalability for PerfectMind's fast-growing client base and ensures successful and timely delivery of each project.
PerfectMind has so far launched 10 new projects in fiscal 2018 and Calian’s IT professionals are now engaged in or supporting the delivery of more than 30 PerfectMind projects.
About Calian ITPS
Calian ITPS has the experience and knowledge to support complex IT initiatives and manage discrete IT functions in support of business and technology needs, regardless of platform or applications. Calian ITPS offers SAP consulting, IT development support services, cloud consulting and on-demand IT services. Calian’s Cyber Resilience Office provides organizations with the right people, technology and solutions to build actionable plans and keep their environments safe and secure.
Calian employs more than 2,900 people with offices and projects that span Canada, U.S. and international markets. The company's capabilities are diverse with services delivered through two divisions. The Business and Technology Services (BTS) Division is headquartered in Ottawa and includes the provision of business and technology services to industry, public and government in the health, training, engineering and IT services domains. Calian’s Systems Engineering Division (SED), located in Saskatoon plans, designs and implements complex communication systems for many of the world’s space agencies and leading satellite manufacturers and operators. SED also provides contract manufacturing services for both private sector and military customers in North America.
Jacqueline Gauthier Media inquiries:
Chief Financial Officer Simon Doyle
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Certain information included in this press release is forward-looking and is subject to important risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Such statements are generally accompanied by words such as “intend”, “anticipate”, “believe”, “estimate”, “expect” or similar statements. Factors which could cause results or events to differ from current expectations include, among other things: the impact of price competition; scarce number of qualified professionals; the impact of rapid technological and market change; loss of business or credit risk with major customers; technical risks on fixed price projects; general industry and market conditions and growth rates; international growth and global economic conditions, and including currency exchange rate fluctuations; and the impact of consolidations in the business services industry. For additional information with respect to certain of these and other factors, please see the Company’s most recent annual report and other reports filed by Calian with the Ontario Securities Commission. Calian disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. No assurance can be given that actual results, performance or achievement expressed in, or implied by, forward-looking statements within this disclosure will occur, or if they do, that any benefits may be derived from them.