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CGI ANNOUNCES STRATA® ENTERPRISE FOR INSURANCE

Las Vegas, Nevada, May 22, 2006 -  

CGI Group Inc. (CGI), today announced the release of Strata® Enterprise for the insurance market. Strata promotes profitable customer and channel relationships by enabling efficient decisions throughout the customer life cycle and across the enterprise. Strata empowers insurance professionals to create and manage business rules resulting in significant value through improved productivity and reduced costs.

Strata® Enterprise is a patented enterprise-wide, customer-based decision engine. Strata puts business rules where they belong - in the hands of the business user, allowing them to create, implement, and continuously improve upon customer decision and treatment strategies. The Strata Desktop is an intuitive user interface that enables business users to quickly and easily modify business rules for scoring, underwriting, and exception processing without engaging additional IT resources.

Strata is being successfully used at more than 50 organizations worldwide across various aspects of customer management in multiple industries, including six of the top 10 U.S. banks, seven of the top 10 U.S. telecommunications carriers, and multiple state agencies.

“This release demonstrates CGI’s on-going commitment to provide our clients with superior solutions and processing capabilities, resulting in exceptional value,” said Gopal Kalluri, vice president insurance practice of CGI. “ Strata allows business users to accelerate business processes, reduce the number of touch-points and achieve straight through processing.”

Benefits of Utilizing Strata® Enterprise :

Underwriting: Claims:
  • smarter and more consistent decisions
  • faster processing
  • better adherence to compliance
  • reduced underwriting expense
  • automated evaluation
  • identification of claims needing review
  • lower processing costs
  • faster claims handling
    • Other:
  • improved customer management
  • automated licensing and registration process
  • improved customer acquisition

    • About CGI
    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.SV.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.

    Contacts:

    Media Relations:
    Kirsten Paragona
    Director, Corporate Communications
    978-569-6111

    Business development:
    Annette Stone
    Director, Consulting
    970-513-6610