CGI-AMS Inc., the wholly-owned U.S. operating subsidiary of CGI Group Inc. (TSX:
GIB.A; NYSE: GIB), today announced it has received a five-year, US$65 million
contract renewal for hosting and application maintenance and operations for the
Commonwealth of Virginia’s eVA procurement portal solution.
eVA is one
of the most comprehensive web-based procurement platforms in the country. Since
2001, the Commonwealth has used eVA to process over a million orders to buy
US$10 billion in goods and services for state programs. The state partnered with
CGI-AMS to design and implement the award winning tool to buy goods and services
easier, faster, and at best value from a single online source.
“The
ability of the Commonwealth to leverage technology solutions that help make
state and local government more efficient while saving taxpayer money is key to
serving our citizens more effectively,” said Governor Timothy M. Kaine,
Commonwealth of Virginia. “The success of our eVA procurement system is a direct
result of our talented, dedicated team, and a strong commitment from our partner
CGI-AMS. Whether it is a small, disadvantaged business or a multinational
corporation, eVA makes doing business with the Commonwealth very efficient and
productive.”
“CGI-AMS government experts are leaders in providing
strategic procurement services and solutions to government, and eVA is a
terrific example of this,” said Donna Morea, President of CGI-AMS. “This is what
we do best: we enable government to conduct its business more efficiently and
with better results.”
Prior to 2001, more than 171 Commonwealth
agencies, institutions and other public bodies used a variety of desktop
applications, automated purchasing systems and manual processes to procure a
variety of goods and services. Such a patchwork of systems did not allow the
sharing of information, promote cooperative procurement, or allow the
Commonwealth to leverage its buying power to obtain the best value for the
dollars it spent.
Offered as a hosted service, eVA was designed and
implemented by CGI-AMS as a web-based government-to-business eProcurement
platform capable of managing the unique needs of the diverse agencies and
vendors doing business. eVA reduces costs and streamlines the Commonwealth’s
purchasing process by funneling procurement activities through a single, secure
electronic portal and is powered by Ariba Buyer and CGI-AMS’s AMS Advantage®
Procurement.
About CGI-AMS
CGI-AMS Inc. is the wholly-owned
U.S. operating subsidiary of CGI Group Inc. Founded in 1976, CGI Group Inc. is
one of the largest independent information technology (IT) and business process
services firms in the world. 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 Canada, the U.S., Europe
and Asia Pacific as well as from centers of excellence in Canada and the U.S.,
Europe and India. CGI's annualized revenue run rate is currently $3.5 billion
(US$3.1 billion) and at June 30, 2006, CGI's order backlog was $13.3 billion
(US$11.9 billion). CGI's 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 .
CGI
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 the Ontario Securities Act,
as amended. These statements and this information represent CGI Group Inc.’s
(“CGI”) 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 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’s Annual Report or Form 40-F filed with the U.S. Securities
and Exchange Commission (filed on EDGAR at www.sec.gov), and in CGI’s annual and
quarterly MD&A and 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. Except to the extent required by
law, 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. Readers are cautioned not to
place undue reliance on these forward-looking statements or on this
forward-looking information.
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For more
information:
Investors
Lorne Gorber
Vice-President,
Global Communications and
Investor Relations
lorne.gorber@cgi.com
(514) 841-3355
Media
Philippe
Beauregard
Director, Public Affairs
philippe.beauregard@cgi.com
(514)
841-3218
