QUEBEC’S MINISTÈRE DE LA JUSTICE AND CGI SIGN BUSINESS-SOLUTIONS CONTRACT FOR THE DRC
CGI Group Inc. (TSX: GIB.A; NYSE: GIB) today announced the signing of a five-year contract valued at CDN$25 million with Quebec's department of justice. Under the terms of this contract, CGI will help operate, provide management support for, and develop business solutions for the Direction des registres et de la certification (DRC). The mission of this agency is to manage both the Register of personal and moveable real rights (RDPRM) and the Lobbyists registry and administer the certification service of the Infrastructure à clés publiques gouvernementale (ICPG).
Accessible via the Internet at www. rdprm.gouv.qc.ca, the RDPRM provides an essential service to Quebecers, allowing them to quickly determine if a moveable asset (such as a road vehicle or piece of equipment) has been given as security or otherwise encumbered. Every year, over 500,000 consultations are made via this site, on which more than one million rights are registered.
The Lobbyists registry is a public registry ensuring the transparency of lobbying activities carried out among Quebec's public office holders. This register may be consulted free of charge at any time at the following address: www. lobby.gouv.qc.ca. Finally, the tools provided on the Web site of the ICPG's certification service www. infocles.justice.gouv.qc.ca ensure the safety of certain e-business applications offered by government departments and agencies.
"We are looking forward to gathering a team of professionals from various sectors of our company to deliver a high-quality service with great public exposure, given the large number of Quebecers who count on the information provided on these sites to make informed decisions," commented Michael Roach, CGI's president and chief operating officer.
Founded in 1976, CGI is among the largest independent information technology and business process services firms in North America. 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, Europe, Asia Pacific as well as from centers of excellence in India and Canada. CGI's annualized revenue run rate is currently CDN$3.8 billion (US$2.8 billion) and at June 30, 2004, CGI's order backlog was CDN$13.2 billion (US$9.8 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.
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. These statements represent CGI Group Inc.'s 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.
These factors include and are not restricted to the timing and size of contracts, acquisitions and other corporate developments; the ability to attract and retain qualified employees; market competition in the rapidly-evolving information technology industry; general economic and business conditions, foreign exchange and other risks identified in the Management's Discussion and Analysis (MD&A) in CGI Group Inc.'s Annual Report or Form 40-F filed with the SEC, the Company's Annual Information Form filed with the Canadian securities authorities, 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, which speak only as of the date on which they are made. In particular, statements relating to future revenue from outsourcing contracts 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.
For more information:
Jane Watson, vice-president, investor relations
(514) 841-3200 or (416) 945-3616
Ronald White, director, investor relations
Eileen Murphy, director, media relations