Alberta Health and Wellness and CGI Group Inc. (CGI) (TSX: GIB.SV.A; NYSE: GIB)
today announced the signing of a four-year outsourcing contract renewal valued
at CDN$60 million. This contract extends and expands upon what was announced on
January 11, 2001.
As part of this contract, CGI will be responsible for
managing and maintaining more than 100 information technology business
applications including the Ministry’s critical systems providing health
insurance plan registration, premiums and claims, health surveillance and
business intelligence. CGI is providing the same services as the original
contract but now supports additional applications. Over 100 CGI professionals
are dedicated to this client.
Bill Clark, vice-president, Edmonton
region for CGI said: “Alberta Health and Wellness has been an excellent client
to work with over the last several years. We are very pleased to have the
opportunity to continue to help Alberta Health and Wellness achieve their goals
during a very important and challenging time for healthcare in Canada.”
About CGI
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 the United States, Canada, Europe and Asia
Pacific as well as from centers of excellence in the United States, Canada,
Europe and India. CGI’s annualized revenue run-rate is currently US$3.0 billion
and at June 30, 2005, CGI’s order backlog was US$10 billion. CGI’s shares are
listed on the NYSE (GIB) and the TSX (GIB.SV.A). 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. 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.
.
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For more
information:
CGI:
Investor relations
Jane Watson
Vice-president, investor relations
(416) 945-3616
Ronald White
Director, investor relations
(514) 841-3230
Media relations
Eileen Murphy
Director, media relations
(514) 841-3430
