BUFFALO, N.Y., Sept. 08, 2015 (GLOBE NEWSWIRE) — CTG (NASDAQ:CTG), an information technology (IT) solutions and services company based in the United States, today announced that Xavier Bettel, Prime Minister of Luxembourg and Minister for Communications and Media, visited the CTG Delivery Centre Business and Operation Support (DC BOS) in Luxembourg on Thursday, September 3, 2015. The visit was a continuation of discussions between CTG senior leadership and Prime Minister Bettel during his recent visit to the United States aimed at meeting with international IT companies and in support of his strategy to make Luxembourg a center of excellence for the High-tech sector, known as the Digital Lëtzebuerg Project.
“We often look at what happens abroad, but we are not always aware of the enormous amount of work that is done in IT in our own country,” said Mr. Bettel. Since his government committed itself to making the Grand Duchy of Luxembourg a highly connected country and an active player in the digital economy with high-quality and secure services, Mr. Bettel, as Minister for Communications and Media, pays special attention to the IT sector in Luxembourg. In the presence of Cliff Bleustein, President and CEO of CTG, Filip J.L. Gydé, Senior Vice President and General Manager of CTG Europe, and Rénald Wauthier, Managing Director of CTG Luxembourg, Mr. Bettel was able to discover the wide range of capabilities of CTG, a company that has been established in the Grand Duchy since 1996 and employs over 200 employees, spread over two sites in Bertrange and Gasperich.
Mr. Gydé commented, “CTG has had a long standing presence in Luxembourg and is proud to be a part of the Digital Lëtzebuerg vision that will help drive further technology innovation and economic development in the country.” He continued, “CTG’s continued growth and success in Luxembourg demonstrates our commitment to the information and communication technologies sector in Luxembourg and that our reliable services and solutions continue to align with the needs and priorities of our clients. The services that CTG provides out of CTG BOS can serve as a model for other companies wishing to become a part of the Luxembourg business community.”
“CTG is one of the top three companies for PSF support in Luxembourg,” stated Mr. Wauthier. “Our Luxembourg operation will celebrate its twentieth anniversary in 2016. The company has been recognized each of the last five years as a Great Place to Work in Luxembourg, and in that time has experienced impressive growth in both the number of clients and employees. Our focus on attracting the most talented people and offering them a challenging and rewarding career guarantees the delivery of high quality services.”
CTG’s Luxembourg legacy includes the reliable provision of customized application development and testing services to Luxembourg government agencies, as well as testing services, 24/7 service desk support in six languages, and application monitoring solutions provided to Luxembourg and Belgium commercial clients from their DC BOS location.
CTG provides industry-specific IT strategy, services, and solutions that address the business needs and staffing challenges of clients in high-growth industries in North America and Western Europe. Backed by nearly 50 years of experience and proprietary methodologies, CTG has a proven track record of reliably delivering high-value, industry-specific staffing services and solutions to its clients. CTG operates in North America and Western Europe, and regularly posts news and other important information online at www.ctg.com.
Safe Harbor Statement
This document contains certain forward-looking statements concerning the Company’s current expectations as to future growth, financial outlook, business strategy and expectations for 2015, and statements related to cost control, new business opportunities, financial performance, market demand, and other attributes of the Company. These statements are based upon the Company’s expectations and assumptions, a review of industry reports, current business conditions in the areas where the Company does business, the availability of qualified professional staff, the demand for the Company’s services, feedback from existing and potential new customers, current and proposed legislation and governmental regulations that may affect the Company and/or its customers, and other future events or circumstances. Actual results could differ materially from the outlook guidance, expectations, and other forward-looking statements as a result of a number of factors, including among others, the dependence on orders from certain customers and their degree of concentration, the uncertainty of customers’ implementation of cost reduction projects, the ability of the Company to identify and develop marketable services, the anticipated amount and timing of revenue from business wins, risks relating to fluctuations in the Company’s operating results, the effect of healthcare reform mandates and initiatives, the mix of work and revenue between staffing and solutions, currency exchange risks, and new changes in government regulations and laws that affect the IT industry and the industries and countries in which the Company and its clients operate, and other factors that involve risk and uncertainty including those listed in the Company’s reports filed with the Securities and Exchange Commission as of the date of this document. Such forward-looking statements should be read in conjunction with the Company’s disclosures set forth in the Company’s 2014 Form 10-K, which is incorporated by reference, and other reports that may be filed from time to time with the Securities and Exchange Commission. The Company assumes no obligation to update the forward-looking information contained in this release.
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CONTACT: CONTACT: Investors and Media: Brendan Harrington, Chief Financial Officer (716) 887-7244