CGI reported today that the Toronto Stock Exchange is adding the Company's Class A subordinate voting shares to its TSE 100 index, effective March 19, 1999. CGI's shares will be part of the industrial sector.
"We are pleased that CGI's shares will be included in the TSE 100, while also remaining part of the TSE 300 Composite index," said Serge Godin, CGI's Chairman and CEO. "CGI already ranks among the leading information technology services firms in North America, and being part of the TSE 100 group of companies will further enhance our profile with North American investors," he added.
CGI is the largest independent information technology services firm in Canada and the sixth largest in North America, based on its revenue run rate of $1.3 billion. CGI's order backlog totals $6.7 billion and the company currently has proposals outstanding for an additional $4 billion in potential large contracts. CGI has 8,000 professionals and provides end-to-end IT services and business solutions to some 2,000 clients in Canada, the United States and 20 countries around the world. Its shares are listed on the New York Stock Exchange (GIB), as well as on the Toronto and Montreal exchanges (GIB.A). As of March 19, 1999, they will be included in the Toronto Stock Exchange's TSE 100, and they are currently part of the TSE 300 Composite and TSE 200 indexes. Web site: www.cgi.ca
All statements contained in this or any other press release of CGI Group Inc., or in any document filed by the Company with the U.S. Securities and Exchange Commission, or in any other written or oral communication by or on behalf of the Company, that do not directly and exclusively relate to historical facts, constitute "forward looking statements" within the meaning of the U.S. Private Securities Litigation Report Act of 1995. These statements represent the Company's expectations and beliefs, and no assurance can be given that the results described in such statements will be achieved.
This press release may contain forward looking statements that involve a number of risks and uncertainties, including statements regarding the outlook for the company's business and results of operations. There are a number of factors that could cause actual results to differ materially from those indicated. Such factors include, without limitation, the various factors set forth in the Company's annual report or Form 40F filed with the SEC and its Annual Information Form filed with Canadian securities commissions, which important factors are included here by reference.
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For more information:
Ronald White
Investor and Media Relations
CGI
(514) 841-3200
ronald.white@cgi.ca
