CGI Group Inc. (TSX: GIB.A; NYSE: GIB), a leading provider of information technology and business process services, announced today that Monterey County, California, has selected CGI's AMS Advantage® enterprise resource planning (ERP) suite to replace its legacy financial, budgeting, human resources and payroll systems. The contract, valued at $US 9.4 million over a 4 year term, continues a 24-year relationship between the County and CGI. CGI Group Inc. (TSX: GIB.A; NYSE: GIB), a leading provider of information technology and business process services, announced today that Monterey County, California, has selected CGI's AMS Advantage® enterprise resource planning (ERP) suite to replace its legacy financial, budgeting, human resources and payroll systems. The contract, valued at $US 9.4 million over a 4 year term, continues a 24-year relationship between the County and CGI.
CGI will partner with Monterey County to implement its full suite of AMS Advantage ERP solutions. An AMS Advantage Financial Management user since 1985, the County will modernize its financial system and integrate the AMS Advantage Performance Budgeting and Human Resource Management solutions.
The new system will lay the foundation for Monterey County's e-government initiatives, streamlining its strategic planning while improving the efficiency of daily operations. The new system will integrate the functions of financial planning, budget development, financial statement generation, procurement, payroll processing, and personnel record administration. By automating and streamlining workflow processes, improving management reporting, and centralizing data, the County will improve performance, and increase its responsiveness to citizen needs.
"Upgrading to CGI's web-based AMS Advantage solution is a huge step forward for Monterey County," said Auditor/Controller Mike Miller. "The new system will greatly improve the efficiency and effectiveness of the fiscal and human resources oversight and management of our County. CGI has partnered with Monterey County for over 20 years and knows our business. This, coupled with software specifically designed for the public sector, are major factors in our decision to continue our relationship with the company."
"CGI's AMS Advantage delivers the most robust ERP solution built exclusively for state and local government," said Josetta Bull, Vice-President, CGI. "CGI is in the business of satisfying customers and our selection by Monterey County is testament to our commitment to provide the right combination of software, services and expertise. Monterey County is a valued, long-term client and we look forward to continuing our partnership and delivering additional business results."
About AMS Advantage
From cities, counties, states, school districts and universities, CGI's AMS Advantage ERP solution works for government at all levels and has helped public sector clients better serve 90+ million citizens. Designed specifically for state and local government, the solution incorporates CGI's 30 years of expertise and experience in the public sector market. AMS Advantage helps governments achieve the highest level of accountability while enhancing services to their constituents through integrated functionality, workflow and configurable processes. The result is significantly increased efficiency, improved access to information and reduced total cost of ownership.
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 27,000 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 annual revenue run rate stands at $3.8 billion and at March 31st, 2008, CGI's order backlog was $12.04 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.
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 sections 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 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 IT industry; general economic and business conditions, foreign exchange and other risks identified in the 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), 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.
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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
703-227-6161
