CGI Group Inc. (NYSE: GIB) (TSX: GIB.A), a leading provider of information technology and business process services, today announced that Wake County, NC will transition operation of its enterprise resource planning (ERP) system to CGI’s AMS Advantage® cloud, operating in CGI’s secure data center. The contract is valued at US$30.5 million for 12 years.
A client since 2005, Wake County utilizes the full suite of CGI’s built-for-government AMS Advantage ERP solution. Under the new contract, CGI will host the system and securely manage day-to-day operations under its Managed Advantage program, which includes application maintenance, technical upgrades, disaster recovery services, and client support. The County will benefit from a single point of accountability for software, services, and hosting as well as a predictable cost over the contract term for product upgrades, infrastructure, and maintenance.
“Wake County has had a longstanding and successful partnership with CGI since our initial deployment of the AMS Advantage ERP solution,” said Johnna Rogers, CFO and Deputy County Manager, Wake County, North Carolina. “Now, under the Managed Advantage program leveraging CGI’s cloud, we can secure the long term viability of our ERP platform while deploying additional functionality that will make County operations more efficient and cost effective, even with the current economic environment.”
Without compromising the County’s autonomy, functionality, or control over their ERP solution and roadmap, CGI’s Managed Advantage cloud program expedites the provisioning and scaling of infrastructure and applications and reduces total cost of ownership by eliminating the need to purchase and maintain costly hardware and software.
“Managed Advantage offers government organizations ready access to CGI’s ERP expertise, cloud services, and software enhancements at a predictable cost,” said Larry Honarvar, Vice-President of CGI’s Managed Advantage program. “Under this program, CGI delivers system reliability and performance under a level payment structure while Wake County retains control over their overall ERP direction, gains single-party accountability for the system, and can redirect internal resources to other core business initiatives.”
About CGI’s AMS Advantage
From states, cities, counties and school districts, CGI’s AMS Advantage ERP solution works for government at all levels and has helped public sector clients better serve 90+ million citizens. Designed specifically for state and local government, the solution incorporates CGI’s 35 years of expertise and experience in the public sector market. AMS Advantage helps governments achieve the highest level of accountability while enhancing services to their constituents through integrated functionality, workflow and configurable processes. The result is significantly increased efficiency, improved access to information and reduced total cost of ownership.
Founded in 1976, CGI Group Inc. is one of the largest independent information technology and business process services firms in the world. CGI and its affiliated companies employ approximately 31,000 professionals. CGI provides end-to-end IT and business process services to clients worldwide from offices and centres of excellence in the United States, Canada, Europe and Asia Pacific. As at June 30, 2011, CGI's annualized revenue was approximately C$4.2 billion and its order backlog was approximately C$12.7 billion. CGI shares are listed on the NYSE (GIB) and the TSX (GIB.A) and are included in both the Dow Jones Sustainability Index and the FTSE4Good Index. Website: www.cgi.com.
Forward- Looking Statements
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 are “forward-looking information” within the meaning of Canadian securities laws. These statements and this information represent CGI’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 or forward-looking information. These factors include but 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 IT industry; general economic and business conditions; foreign exchange and other risks identified in the press release, in CGI’s Annual Report on 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 and forward-looking information. CGI disclaims any intention or obligation to publicly update or revise any forward-looking statements or forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law. Readers are cautioned not to place undue reliance on these forward-looking statements or on this forward-looking information. You will find more information about the risks that could cause our actual results to differ significantly from our current expectations in the Risks and Uncertainties section.
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