The Agreement is for an initial term of 10 years and will come into effect once customization, currently being conducted by Mobi724 for a CGI project is completed. There is also an option for a five-year extension of this agreement.
'Today's announcement is the culmination of customization efforts the past 20 months,' says
Mobi724 and CGI began a collaborative business relationship back in the fall of 2020. Since then, both companies are enjoying a solid working relationship and, look forward in the future, to building upon this foundation.
'Mobi724 has proven to be a valuable partner and has shown their expertise and agility to meet customer needs,' says
About CGI
Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 84,000 consultants and professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. CGI Fiscal 2021 reported revenue is
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Mobi724 cautions investors that any forward-looking statements or projections made by Mobi724 are subject to risks and uncertainties, that may cause actual results to differ materially from those projected. Such factors include, but are not limited to, those described under Item 'Risk Factors and Uncertainties' in the Company's Management Discussion and Analysis, available on SEDAR. Any forward-looking statements reflect management's current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. Mobi724 cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Mobi724's control. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, Mobi724 undertakes no obligation to publicly update or revise any forward-looking information.
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