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FAIRFAX, VA, July 21 /PRNewswire-FirstCall/ - CGI Group Inc.
(NYSE: GIB; TSX: GIB.A), a leading provider of information
technology and business process services, today announced a Stage
One contract from the State of
California to participate in a seven-month "fit-gap" project
to transform and integrate the State's financial management and
procurement operations. CGI is one of three companies selected to
participate in the Stage One project.
CGI will utilize their built-for-government AMS Advantage(R)
enterprise resource planning (ERP) solution for the Financial
Information System for California
(FI$Cal) project. FI$Cal will provide California with a single, integrated financial
management system environment - optimizing business management of
the State. Through this Stage One analysis, CGI will fine-tune the
AMS Advantage ERP system to create a prototype based on the
business requirements and processes of the State. CGI and the State
will work together to identify the fits and gaps based on the
system requirements.
"As an ERP leader for federal, state and local governments for
more than 30 years, CGI offers the State
of California unrivaled domain expertise, backed by a
commitment to delivery excellence," said Donna Morea, President of CGI for the U.S.,
Europe and Asia. "This is another hallmark award for CGI
and I am confident our AMS Advantage ERP solution will optimize
results for the State."
"With more than 25 years of experience working with the
State of California, CGI has a
deep understanding of State processes, culture and systems," said
Josetta Bull, Vice-President of CGI
California Public Sector. "CGI has an unparalleled track record of
on-time, on-budget deliveries for the most complex governments
across the nation and we look forward to demonstrating how our
built-for-government ERP is the best-fit, low-risk solution for
California."
About CGI's AMS Advantage
From states, cities, counties, and school districts, CGI's AMS
Advantage ERP solution works for government at all levels and has
helped public sector clients better serve 90+ million citizens.
Designed specifically for state and local 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 significantly increased
efficiency, improved access to information and reduced total cost
of ownership.
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 26,000 professionals. CGI provides end-to-end IT and
business process services to clients worldwide from offices in
the United States, Canada, Europe and Asia
Pacific as well as from centers of excellence in
North America, Europe and India. As at March 31,
2010, CGI's order backlog was $11.4
billion. CGI shares are listed on the NYSE (GIB) and the TSX
(GIB.A) and are included in both, the Dow Jones Sustainability
World Index and the FTSE4Good Index. Website: www.cgi.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 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 on 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. You will find
more information about the risks that could cause our actual
results to significantly differ from our current expectations in
the Risks and Uncertainties section.
SOURCE CGI GROUP INC.