CGI Group Inc. (TSX : GIB.A ; NYSE : GIB) today announced that its wholly owned U.S. subsidiary CGI-AMS will begin operating under the CGI brand as of November 1, 2006. <br><br> "With this name change, the transition to CGI is complete," said Donna Morea, President of CGI's U.S. operations and India. "In the two years since we became part of CGI, clients have responded well to our U.S. business model. Our U.S. CGI Group Inc. (TSX : GIB.A ; NYSE : GIB) today announced that its wholly owned U.S. subsidiary CGI-AMS will begin operating under the CGI brand as of November 1, 2006.
"With this name change, the transition to CGI is complete," said Donna Morea, President of CGI's U.S. operations and India. "In the two years since we became part of CGI, clients have responded well to our U.S. business model. Our U.S. sales have increased significantly, our client contract renewal rate was near perfect and we are recognized in the industry as a leader in client satisfaction."
CGI and American Management Systems (AMS) joined forces in May 2004, merging both companies' U.S. operations under the CGI-AMS name. At that time, the company announced that its U.S. business would transition to "CGI" in two years.
About CGI
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.
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For more information:
Diane Fusco
Senior Executive Consultant
diane.fusco@cgi.com
(216) 416-6430
Philippe Beauregard
Director, Public Affairs
philippe.beauregard@cgi.com
(514) 841-3218
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