CGI-AMS ADVANTAGE ERP SUITE SELECTED BY CITY AND COUNTY OF HONOLULU
Financial and Human Resources Systems to be Automated
CGI-AMS Inc., the wholly-owned U.S. operating
subsidiary of CGI Group Inc. (CGI) (TSX: GIB.A; NYSE: GIB), today announced that it is has been selected by the City and County of Honolulu to integrate its web-based AMS Advantage® ERP Suite to centralize and support core financial and human resources processes and systems such as general ledger, accounts payable, purchasing, fixed assets, payroll and other related services. The two and a half year contract is worth $10 million.
Honolulu's existing systems were originally implemented separately and are currently maintained as such. The age of the systems and the technologies that were used to develop them have made it difficult and costly for the City and County to modify and improve them. By implementing an integrated ERP solution, the systems' functionalities and flexibility will be greatly enhanced to better support modern business practices and mission critical functions of City government.
"We are pleased to add the City and County of Honolulu to our Advantage client family," said Donna Morea, President of CGI-AMS. "Advantage will enable Honolulu to meet its business objectives, including lower total cost of ownership, more efficient business processes and better information for financial decision making."
"Honolulu joins a growing list of governments that recognize the benefits of CGI's Advantage software when compared to other conventional commercial ERP products offered by integrators with less government experience," said Michael Keating, Senior Vice-President, CGI-AMS western region. "This contract demonstrates local government's interests in solutions that truly support the unique needs of government, and Advantage is the only solution available on the market designed specifically for government. We are thrilled to expand our relationship with the City and County of Honolulu."
AMS Advantage is used by more than 190 public sector clients, 47 of which have already committed to implementing the new Web-based AMS Advantage 3 solutions, and has a flexible, open architecture solution that facilitates decision-making, automates document workflow, decreases paperwork and improves customer service. CGI-AMS incorporates more than 35 years of government experience and knowledge in the public sector market.
CGI-AMS Inc. is the wholly-owned U.S. operating subsidiary of CGI Group Inc. Founded in 1976, CGI Group Inc. ("CGI") is the eighth largest independent information technology and business process services firms in the world. CGI and its affiliated companies employ approximately 25,000 professionals. CGI provides end-to-end IT and business process services to clients worldwide from offices in Canada, the United States of America ("US"), Europe, Asia Pacific as well as from centers of excellence in Canada, the US, Europe and India. CGI's annualized revenue run rate is currently $3.5 billion (US$3.0 billion) and at March 31, 2006, CGI's order backlog was $13.7 billion (US$11.7 billion). CGI's shares are listed on the TSX (GIB.A) and the NYSE (GIB) and are included in the S&P/TSX Composite Index as well as the S&P/TSX Capped Information Technology and MidCap Indices. Website: www.cgi.com.
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All statements in this press release that do not directly and exclusively relate to historical facts constitute "forward-looking statements" within the meaning of that term in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended, and may be "forward-looking information" within the meaning of sections 138.3 and following of the Ontario Securities Act. These statements and this information represent CGI Group Inc.'s ("CGI") intentions, plans, expectations and beliefs, and are subject to risks, uncertainties and other factors, of which many are beyond the control of the Company. These factors could cause actual results to differ materially from such forward-looking statements or forward-looking information. These factors include and are not restricted to the timing and size of new contracts, acquisitions and other corporate developments; the ability to attract and retain qualified members; market competition in the rapidly-evolving information technology industry; general economic and business conditions, foreign exchange and other risks identified in the MD&A, in CGI's Annual Report or Form 40-F filed with the U.S. Securities and Exchange Commission (filed on EDGAR at www.sec.gov), the Company's Annual Information Form filed with the Canadian securities authorities (filed on SEDAR at www.sedar.com), as well as assumptions regarding the foregoing. The words "believe," "estimate," "expect," "intend," "anticipate," "foresee," "plan," and similar expressions and variations thereof, identify certain of such forward-looking statements or forward-looking information, which speak only as of the date on which they are made. In particular, statements relating to future performance are forward-looking statements. CGI disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Readers are cautioned not to place undue reliance on these forward-looking statements or forward-looking information. You will find more information about the risks that could cause our actual results to significantly differ from our current expectations in the Risks and Uncertainties section.
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Director, Corporate Communications