The Alberta Human Resources and Employment Ministry and CGI Group Inc. (CGI) (TSX: GIB.A; NYSE: GIB;) today announced the signing of a four-year information technology contract valued at CDN$12 million.
As part of the contract, CGI will provide application maintenance services supporting everything from mainframe to Web-based platforms for programs that include labor relations, financial benefits, training and employment assistance and safe workplaces. The contract will ensure that the systems behind these programs will effectively provide the information, the reports, and the financial benefits that people need.
"We rely on systems to provide financial benefits to Albertans every month, to ensure that thousands of Albertans get the training they need to get back to work, and to track safety inspections of Alberta workplaces," said Alberta Human Resources and Employment Minister, Clint Dunford. We found a partner that can provide the services we need, the timeliness we require and the value that taxpayers demand."
Michael Roach, president and chief operating officer for CGI added: "Our recent expansion in Edmonton further demonstrates our commitment to delivering quality services and solutions to the Alberta Government, a key area for us. As Canada's global IT services company, we are very proud of the many partnerships we have forged with various Alberta ministries and the speed at which we have grown our Edmonton operations to meet client demand."
CGI has a strong track record with the Alberta Government. CGI offers flexible and business focused services with an emphasis on continuous improvement and service excellence. CGI's Edmonton office employs close to 200 professionals serving both government and private sector clients. CGI's Edmonton-based professionals provide long-term information technology support and development to five Alberta government departments as well as the NWT Workers' Compensation Board based in Yellowknife. CGI also has government practices in Ottawa, Toronto, Regina, Quebec City, Atlantic Canada, Cleveland, Washington and Albany. For CGI's second quarter, government client revenue accounted for 16% of CGI's total revenue.
About CGI
Founded in 1976, CGI is the fourth largest independent information technology services firm in North America, based on its headcount of 13,700 professionals. CGI's annualized revenue run-rate totals CDN$2.1 billion (US$1.3 billion). CGI's order backlog currently totals CDN$10.7 billion (US$6.7 billion). CGI provides end-to-end IT services and business solutions to more than 3,000 clients worldwide from more than 60 offices. CGI's shares are listed on the TSX (GIB.A) and the NYSE (GIB). They are included in the TSX 100 Composite Index as well as the S&P/TSX Canadian Information Technology and Canadian 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 the Private Securities Litigation Reform Act of 1995. 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. CGI disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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For more information:
Alberta Human Resources and Employment Communications:
Janice Schroeder
(780) 427-5585
CGI:
Investor relations
Julie Creed
Vice-president, investor relations
(312) 201-4803
Ronald White
Director, investor relations
(514) 841-3230
Media relations
Eileen Murphy
Director, media relations
(514) 841-3430
