Following recent allegations made by TPG Technology Consulting (TPG) and subsequent press reports concerning CGI's response to a recent Government of Canada Request for Proposal (RFP), CGI Group Inc. (TSX: GIB.A; NYSE: GIB) wishes to set the record straight: The allegations made by TPG are false, unfounded and inappropriate. <br><br>
In responding to the RFP for Engineering and Technical Services (ETS), CGI, as it always does, followed the competitive and formal process set out by Public Works and Government Services Canada (PWGSC). Following recent allegations made by TPG Technology Consulting (TPG) and subsequent press reports concerning CGI's response to a recent Government of Canada Request for Proposal (RFP), CGI Group Inc. (TSX: GIB.A; NYSE: GIB) wishes to set the record straight: The allegations made by TPG are false, unfounded and inappropriate.
In responding to the RFP for Engineering and Technical Services (ETS), CGI, as it always does, followed the competitive and formal process set out by Public Works and Government Services Canada (PWGSC).
"There are very clear and strict rules for awarding government contracts and CGI followed them to the letter," declared Michael E. Roach, President and CEO, CGI. "TPG should refrain from making false, unsubstantiated and unfounded claims against its competitors or unjustified personal attacks."
CGI is currently reviewing all of its legal options.
"CGI will not tolerate the defamation of its impeccable reputation of integrity in the marketplace, earned over its 31 years of existence," concluded Roach.
As for its presence in the Ottawa region, CGI is proud to be a premier supplier of IT services to the Government of Canada since 1981. CGI and its affiliated companies employ approximately 2,000 professionals in Ottawa who are dedicated to both the public and private sectors.
About CGI
Founded in 1976, CGI Group Inc. is one of the largest independent information technology 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 United States, Europe, Asia Pacific as well as from centers of excellence in North America, Europe and India. CGI's annualized revenue run rate stands at $3.6 billion (US$3.1 billion) and at December 31st, 2006, CGI's order backlog was $12.6 billion (US$10.9 billion). CGI 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:
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Lorne Gorber
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(514) 841-3355
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Philippe Beauregard
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philippe.beauregard@cgi.com
(514) 841-3218