After completing its quadrennial international invitation to tender, the European Parliament awarded a contract worth up to 196 million euros to CGI (NYSE: GIB) (TSX: GIB.A). Under the contract, CGI will lead a pan-European consortium that includes Luxembourg-based Intrasoft International S.A. The contract, which was awarded by the European Parliament’s Directorate-General for Innovation and Technological Support, will cover an initial two-year period and includes an option for three one-year renewals. It aims to effectively contribute to the development and maintenance of the European Parliament’s information production systems.
The framework agreement also applies to certain agencies and institutions of the European Union (Court of Justice, Court of Auditors, Economic and Social Committee, Committee of the Regions, European Aviation Safety Agency, European Ombudsman, European Data Protection Supervisor, and Translation Centre for the Bodies of the European Union).
“We are proud to have been selected for this contract, as it reflects our commitment and quality of service, which form the foundation of the support we have been providing European institutions for over a decade,” said Jean-Michel Baticle, President of CGI in France, Morocco and Luxembourg.
CGI will be responsible for the design, development, rollout and maintenance of some of the production information systems that support the Parliament’s activities and administrative functions. CGI will be particularly involved in the design of new information systems that are based on technologies selected by the institutions involved. It will also focus on the corrective maintenance of systems and IT applications.
Contract award notice in the Official Journal:
The Directorate-General for Innovation and Technological Support (ITEC) provides the European Parliament with information and communication technology services as well as printing and distribution services. Its main tasks are:
- developing and maintaining a shared internal working space allowing multilingual access at any time and from any place to all vital documents and data;
- part of an innovation strategy, analyzing, designing, developing and maintaining Parliament’s information systems for the Members, the political groups, the Directorates-General, the European Ombudsman and the Data Protection Supervisor;
- drawing up and ensuring compliance with a secure and viable technical strategy and defining all the various components of computing and telecommunications systems;
- printing and distributing (also electronically) Parliament’s working documents (committee meetings, plenary sittings, etc.);
- publishing legislation and documents in the Official Journal (minutes, texts adopted, written questions, etc.) and producing other publications in cooperation with the Office for Official Publications.
Founded in 1976, CGI Group Inc. is the fifth largest independent information technology and business process services firm in the world. Approximately 68,000 professionals serve thousands of global clients from offices and delivery centers across the Americas, Europe and Asia Pacific, leveraging a comprehensive portfolio of services, including high-end business and IT consulting, systems integration, application development and maintenance, infrastructure management, as well as a wide range of proprietary solutions. With annual revenue in excess of C$10 billion and an order backlog of approximately C$20 billion, CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Web site: 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, 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 and quarterly Management’s Discussion and Analysis (“MD&A”), in CGI’s Annual Report, 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), and in 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.
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