CGI Group Inc. (TSX: GIB.A; NYSE: GIB), a leading provider of information technology and business process services, announced today that it has been selected by the State of California Department of Transportation (Caltrans) to deliver its web-based AMS Advantage® 3 enterprise resource planning (ERP) and business intelligence (BI) solution for use by both Caltrans’ headquarters and district offices. The 4-year contract is valued at US$20.2 million.
CGI will implement its built-for-government AMS Advantage Financial Management solution to meet the State’s need to modernize its aging technology and address the increasing complexity of funding sources and legislative changes. The solution includes business intelligence tools and a data warehouse to provide reporting and data analysis, as well as Enterprise Application Integration (EAI) to link Caltrans’ legacy and future systems. The comprehensive solution will help Caltrans better manage its US$14 billion budget, improving operational efficiency, accountability and access to information.
“The State of California has been our partner for over 25 years. We are delighted to expand our relationship and begin delivering results for Caltrans,” said Josetta Bull, Vice-President, CGI, State of California. “CGI is in the business of satisfying clients. Our successful work in eight (8) other state DOTs is both a testament to the strength and quality of our application and an indicator of our commitment to the State and Local marketplace. We look forward to putting it all to work for Caltrans.”
From cities, counties, states, schools and universities, CGI’s AMS Advantage ERP solution works for government at all levels and helps its public sector clients, including the largest U.S. city and county, better serve 90+ million citizens. Designed specifically for 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 a significant improvement in operational efficiency, reliability and overall performance.
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
