TORONTO; Jan. 31, 2007 — Accenture (NYSE: ACN) has extended its application outsourcing work with XM Canada with the signing of an C$11.6 million contract that encompasses additional application management support for XM Canada’s billing and customer care applications.
"Our relationship with Accenture has driven business results and proven to be financially beneficial to XM Canada," said Stephen Tapp, president and COO of XM Canada. "Outsourcing our billing and customer care applications to Accenture has provided great results. Simply put, Accenture delivers high-quality and efficient application management services at a lower cost than if we did it ourselves."
"Accenture has worked with XM Canada since before they launched their service. Our focus in providing application outsourcing services has been to not only deliver cost savings for XM Canada, but to allow XM to focus on its core business of delivering top-quality programming to Canadians," said Dennis Melnbardis, managing partner of Accenture’s Communications & High Tech practice in Canada.
Accenture is a global management consulting, technology services and outsourcing company. Committed to delivering innovation, Accenture collaborates with its clients to help them become high-performance businesses and governments. With deep industry and business process expertise, broad global resources and a proven track record, Accenture can mobilize the right people, skills and technologies to help clients improve their performance. With approximately 146,000 people in 49 countries, the company generated net revenues of US$16.65 billion for the fiscal year ended Aug. 31, 2006. Its homepage is www.accenture.com.
About Canadian Satellite Radio Holdings Inc.
Canadian Satellite Radio Holdings Inc. (TSX: XSR) operates as XM Canada™ through its subsidiary, Canadian Satellite Radio Inc. XM is Canada’s premium digital audio entertainment and information company with the best satellite coverage in the country and offering a unique lineup of premier Canadian and international content.
XM Canada offers listeners up to 100 channels of unique and exclusive programming including the most NHL™ games, PGA TOUR™ and Major League Baseball™ coverage, the deepest play list, and news, talk, sports, entertainment and children's programming. After this season, XM will become the exclusive provider of NHL games on satellite radio. Acura, Buick, Cadillac, Chevrolet, General Motors, GMC, Harley Davidson, Honda, Hummer, Hyundai, Infiniti, Lexus, Nissan, Pontiac, Toyota, Saab, Saturn, Suzuki and Subaru will offer XM radios in more than 115 different models of vehicles for model year 2007.
XM has an exclusive Canadian license from U.S.-based XM Satellite Radio Inc. (NASDAQ: XMSR), the leading satellite radio provider in the U.S. with more than 7.6 million subscribers. XM is offered on TELUS Mobile Radio™ and as of March 2007, will be the exclusive music provider to all of Air Canada’s flights.
To find out more about Canadian Satellite Radio Inc. (TSX: XSR), visit our website at www.cdnsatrad.com. A live stream of selected XM Canada channels is available via a three-day complimentary trial of XM Radio Online at http://listen.xmradio.ca. To subscribe to XM Canada online or for more information about XM Canada's programming lineup and radio choice, visit www.xmradio.ca .