Desjardins Trust, the largest trust company in Quebec, and CGI Group Inc. (CGI) (TSX: GIB.A; NYSE: GIB;), a leading provider of information technology and business processing services, announced today the signing of a five-year IT outsourcing contract renewal valued at CDN$18 million for the delivery of facilities management services for central office data computing, the technical assistance centre and incident management. In particular, CGI is charged with managing all mainframe and printing activity.
"In working with CGI over the years, we have come to depend on their excellent service and ability to work proactively with our own teams. It is this kind of collaboration that has tangible results for our business," said Claude Dupuis, senior vice-president technology, for Desjardins Trust.
Michael Roach, president and chief operating officer of CGI added: "We are pleased to continue our long-term service delivery to Desjardins Trust. By working together, we are continually adding value and we look forward to delivering results throughout and beyond the horizon of this agreement."
About Desjardins Trust
With $143 billion in managed assets, Desjardins Trust is the largest trust company in Quebec. It designs products and services in the field of wealth management and administration. It is particularly specialized in mutual funds, private management, group savings plans and securities administration and custody.
Desjardins Trust responds to the needs of individuals, corporations, institutions and pension funds in the private, public, parapublic and cooperative sectors. Its products are distributed through the Desjardins caisses in Quebec and Ontario and through other Canadian networks.
About CGI
Founded in 1976, CGI is the fourth largest independent information technology services firm in North America, based on its headcount. CGI and its affiliated companies employ 20,000 professionals. CGI's annualised revenue run-rate is currently CDN$2.9 billion (US$1.9 billion) and at March 31, 2003, CGI's order backlog was CDN$11.2 billion (US$7.6 billion). CGI provides end-to-end IT and business process services to more than 3,500 clients worldwide from offices in Canada, United States and Europe. CGI's shares are listed on the TSX (GIB.A) and the NYSE (GIB) and are included in the TSX 100 Composite Index as well as the S&P/TSX Canadian Information Technology and Canadian MidCap Indices. Website: www.cgi.com.
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For more information:
Desjardins Trust
Hélène Lavoie
(514) 286-3100, #2630
CGI
Investor relations
Julie Creed
(514) 841-3251
Ronald White
(514) 841-3230
Media relations
Eileen Murphy
(514) 841-3430
