CGI Group Inc. (TSX: GIB.A; NYSE: GIB), a leading provider of information technology and business process services, today announced the City of Los Angeles selected CGI’s AMS Advantage® enterprise resource planning (ERP) suite to upgrade its legacy financial management system. The contract, awarded in a previous quarter as a result of a competitive procurement among leading ERP providers, is valued at US $18 million over a seven year term.
“Our relationship with CGI spans two decades,” said Randi Levin, chief technology officer and general manager of the City of Los Angeles Information Technology Agency. “We value the continuity of our partnership, CGI’s commitment to providing solutions that are truly built-for-government, and the results they have delivered to the city and state and local governments around the world.”
In addition to improving service delivery to the City, the AMS Advantage upgrade to version 3.8 will increase the efficiency of City operations, provide improved tools for data analysis, and deliver better data for decision-makers and stakeholders at all levels. As part of the installation, CGI and the City will work together to optimize the City’s business processes.
“In today’s tough economy, CGI’s award for the City of Los Angeles’ ERP system is evidence that state and local governments need a built-for-government ERP system to truly serve their needs at a lower life cycle cost,” said Pat Colacicco, vice president, AMS Advantage program. “CGI is in the business of satisfying customers and we are pleased to continue our 25 year relationship with the City and its citizens.”
About AMS Advantage
From cities, counties, states, school districts and universities, 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 30 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.
About CGI
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 25,500 professionals in over 100 offices across 16 countries. 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 North America, Europe and India. CGI's annual revenue run rate stands at $3.8 billion and at March 31, 2009, CGI's order backlog was $12.0 billion. CGI 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.
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 sections 138.3 and following of the Ontario Securities Act. 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 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 IT 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 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.
-30-
For more information:
Investors
Lorne Gorber
Vice-President, Global Communications and
Investor Relations
lorne.gorber@cgi.com
514-841-3355
Media
Linda Odorisio
Vice-President, US Communications
linda.odorisio@cgi.com
703-227-6161
