CGI announced today that it has signed a continuation of its Network Technical Training Contract with 3Com Corporation (Nasdaq: COMS). Under the terms of the agreement, valued at as much as CDN$6.5 million over the next two years, CGI will continue as 3Com's Authorized North American Training Partner.
"We are very pleased that 3Com has chosen us to continue as their partner for this strategic training project," said Jean Brassard, President and COO of CGI. "During the initial contract phase, CGI acquired an in-depth understanding of 3Com's training business. We will draw upon this knowledge in order to deliver a business solution that meets 3Com's long term needs."
3Com's Arlene Levin, Manager of the Training Partner Business Alliance, adds that, "The continuing positive relationship successfully supports our business model by enabling sales, educating customers and providing quality training." "We look forward to CGI's increased role over the length of the contract."
CGI estimates that over the two-year period, approximately 6,000 IT professionals will be trained on the sales, installation, implementation, development and maintenance of 3Com network solutions including LANs, WANs, VPN utilizing hubs, switches, routers and related equipment.
CGI will provide open-enrollment training as well as on-site company training in major North American cities from coast to coast. Students will include end-users of 3Com technology and equipment as well as 3Com employees, distributors and resellers. CGI's state-of-the-art courses will use 3Com-certified instructors, current 3Com products, enhanced hands-on labs, fully equipped facilities and flexible availability.
About 3Com Corporation
With approximately 300 million customers worldwide, 3Com Corporation connects more people to information in more ways than any other networking company. 3Com delivers innovative information access products and network system solutions to enterprises, small businesses, carriers and network service providers, PC OEMs and consumers. 3Com. More connected.ä For further information, visit 3Com's World Wide Web site at www.3com.com or the press site at www.3com.com/pressbox.
About CGI
Based on its annualised revenue run-rate of CDN$1.5 billion, CGI is the largest independent information technology consulting firm in Canada and the fifth largest in North America. CGI's more than 10,000 professionals provide end-to-end IT services and business solutions to some 2,500 clients in Canada, the United States and 23 countries around the world. CGI's shares are listed on the New York Stock Exchange (GIB), as well as on the Toronto and Montreal exchanges (GIB.A). 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:
CGI
Ronald White
Director, Investor and Media Relations
(514) 841-3230
ronald.white@cgi.ca
