CGI-AMS branded under CGI
October 30 2006 - 2:00PM
PR Newswire (US)
Stock Market Symbols GIB.A (TSX) GIB (NYSE) FAIRFAX, VA, Oct. 30
/PRNewswire-FirstCall/ -- CGI Group Inc. (TSX : GIB.A; NYSE : GIB)
today announced that its wholly owned U.S. subsidiary CGI-AMS will
begin operating under the CGI brand as of November 1, 2006. "With
this name change, the transition to CGI is complete," said Donna
Morea, President of CGI's U.S. operations and India. "In the two
years since we became part of CGI, clients have responded well to
our U.S. business model. CGI is recognized in the industry as a
leader in client satisfaction. In 2006 alone, our U.S. sales
increased more than 50 percent, and our client contract renewal
rate was 97 percent." CGI and American Management Systems (AMS)
joined forces in May 2004, merging both companies' U.S. operations
under the CGI-AMS name. At that time, the company announced that
its U.S. business would transition to "CGI" in two years. About CGI
Founded in 1976, CGI Group Inc. is one of the largest independent
information technology (IT) and business process services firms in
the world. CGI and its affiliated companies employ approximately
25,000 professionals. CGI provides end-to-end IT and business
process services to clients worldwide from offices in Canada, the
U.S., Europe and Asia Pacific as well as from centers of excellence
in Canada and the U.S., Europe and India. CGI's annualized revenue
run rate is currently $3.5 billion (US$3.1 billion) and at June 30,
2006, CGI's order backlog was $13.3 billion (US$11.9 billion).
CGI's 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: http://www.cgi.com/. DATASOURCE: CGI GROUP INC. CONTACT:
Diane Fusco, Senior Executive Consultant, (216) 416-6430, ;
Philippe Beauregard, Director, Public Affairs, (514) 841-3218,
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