The U.S. Department of State has awarded CGI Federal Inc. (CGI), a wholly-owned U.S. operating subsidiary of CGI Group Inc. (NYSE: GIB ; TSX: GIB.A), a competitive, single award, 10-year Blanket Purchase Agreement (BPA) with a ceiling of up to US$395 million under CGI's GSA-IT Schedule Contract in support of the agencies' Joint Financial Management System (JFMS).
JFMS is a global platform based on CGI's Momentum® software used by both the Department of State and the U.S. Agency for International Development to efficiently and cost-effectively manage domestic and overseas financial management activities. Under this BPA, CGI will provide systems integration, consulting services, and operational support for more than 5,000 JFMS users in more than 300 posts and missions around the world.
"We are pleased to continue our long-standing partnership with the Department of State and U.S. Agency for International Development," said George Schindler, President of CGI Federal Inc. "We look forward to continuing to help both agencies achieve their goals for maximizing the synergies between their business and IT capabilities in support of their core diplomatic and development missions."
About CGI Federal Inc.
CGI Federal Inc. (www.cgi.com/usfederal) is a wholly-owned U.S. operating subsidiary of CGI Group Inc., dedicated to providing effective IT solutions for federal government agencies by combining over 30 years of government experience and technology skills. Founded in 1976, CGI is one of the largest independent information technology and business process services firms in the world. CGI and its affiliated companies employ approximately 26,000 professionals in over 100 offices across 16 countries. CGI provides end-to-end IT and business process services to clients worldwide from offices in the United States of America, Canada, Europe, Asia Pacific as well as from centers of excellence in North America, Europe and India. As at September 30, 2009, CGI's fiscal 2009 revenue was $3.8 billion and its order backlog was $10.9 billion. CGI's shares are listed on the NYSE (GIB) and the TSX (GIB.A) 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.
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 section 138.3 and following of the Ontario Securities Act. 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 Report on Form 40-F filed with the U.S. Securities and Exchange Commission (filed on EDGAR at www.sec.gov), 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. You will find more information about the risks that could cause our actual results to differ significantly from our current expectations in the Risks and Uncertainties section.
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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
Linda Odorisio
Vice-President, US Communications
linda.odorisio@cgi.com
703-267-8118
