The Government of Canada, CGI Group Inc. (CGI) (TSX: GIB.A; NYSE: GIB;) and BDP Business Data Services Limited (BDP), a unit of the Business Services Division of FirstService Corporation (TSX: FSV; NASDAQ: FSRV), today announced the signing of a nine-month service delivery contract valued at nearly CDN$36 million, GST included. As part of the contract, which has the potential to be extended for 15 years, BDP and CGI will develop a solution that will assist in the delivery of administrative services associated with Canada's Firearms Program.
CGI will build the electronic solution and BDP will develop the business processing functions. Key features of the secure multi-channeled solution, which leverages the advantages of component-based architecture offering advanced workflow capabilities and customer-centric servicing, include compliance with program requirements, program access, enhanced client service and consistency with international obligations related to the transportation of firearms.
Michael Roach, president and chief operating officer for CGI stated: "I am very pleased with this contract win. In working with the team in the Firearms Program, we understood their challenge, and their desire to reduce costs and improve services to Canadians. Also, as Canada's global IT services firm, we are reinforcing our position as the partner of choice for public sector organizations."
"It is always gratifying when our past work builds a foundation for expansion," said Lawrence Zimmering, president and chief executive officer of BDP. "On the strength of our experience in firearms administration and as one of Canada's business outsourcing leaders, we will provide a cost-effective and flexible delivery system that will ensure accountability, privacy of information and the ability to adapt to changing requirements."
About CGI
Founded in 1976, CGI is the fourth largest independent information technology services firm in North America, based on its headcount of 13,700 professionals. CGI's annualized revenue run-rate totals CDN$2.1 billion (US$1.3 billion). CGI's order backlog currently totals CDN$10.7 billion (US$6.7 billion). CGI provides end-to-end IT services and business solutions to more than 3,000 clients worldwide from more than 60 offices. CGI's shares are listed on the TSX (GIB.A) and the NYSE (GIB). They 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.
About FirstService and BDP
With an annual run-rate approaching CDN$850 million, FirstService Corporation is a leader in the rapidly growing service sector, providing a variety of property and business outsourcing services -- including residential property management, integrated security services, consumer services, customer support and fulfilment and business process outsourcing -- to businesses and consumers throughout North America. As a unit of the Business Services Division of FirstService Corporation, BDP has for over 20 years, been one of Canada's premier business process outsourcing (BPO) companies providing solutions and services to governments and private sector organizations in the financial, insurance, healthcare and consumer fields. FirstService shares are listed on the TSX (FSV) and NASDAQ (FSRV). Website: www.firstservice.com.
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 the Private Securities Litigation Reform Act of 1995. These statements represent CGI Group Inc.'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.
These factors include and are not restricted to the timing and size of contracts, acquisitions and other corporate developments; the ability to attract and retain qualified employees; market competition in the rapidly-evolving information technology industry; general economic and business conditions, foreign exchange and other risks identified in the Management's Discussion and Analysis (MD&A) in CGI Group Inc.'s Annual Report or Form 40-F filed with the SEC, the Company's Annual Information Form filed with the Canadian securities. CGI disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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For more information:
CGI:
Investor relations
Julie Creed
Vice-president, investor relations
(312) 201-4803
Ronald White
Director, investor relations
(514) 841-3230
Media relations
Eileen Murphy
Director, media relations
(514) 841-3430
BDP:
Company Information
Lawrence Zimmering,
President
(416) 503-1800
Investor relations:
Jeffrey Elliott
(919) 968-4085
