Rio Tinto and CGI Renew and Expand Their IT Outsourcing Contract
January 12 2012 - 8:36AM
Marketwired
Rio Tinto and CGI Group Inc., (TSX:GIB.A) (NYSE:GIB), a leading
provider of information technology and business process services,
announce the renewal and expansion of their outsourcing contract.
The three-year contract extension is valued at approximately $60
million.
For more than 20 years, CGI has been providing IT infrastructure
services to Rio Tinto Alcan, including end-user device support,
service desk, server management, data center management, and
certain network management and security services. The contract for
these services has been renewed until 2015 and will now be extended
to other Rio Tinto divisions located in the United States and
Canada.
"We pleased to be expanding our relationship with CGIas a key
strategic partner," affirmed Jacynthe Cote, Chief executive of Rio
Tinto Alcan. "CGI's dedication to quality, competitiveness and
strong understanding of our business led us to once again entrust
these services to its teams."
"This contract reinforces our strategy to expand our services to
Rio Tinto worldwide," said Serge Godin, Founder and Executive
Chairman of the Board, CGI. "CGI is proud of its partnership with
Rio Tinto Alcan. It is a highly strategic partnership, which, among
other benefits, helps us increase our global reach and profile. I
also applaud our team of 500 professionals in Saguenay, 230 of whom
devote each day to delivering services of unparalleled quality to
Rio Tinto Alcan."
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 31,000 professionals. CGI provides end-to-end IT and
business process services to clients worldwide from offices and
centers of excellence in Canada, the United States, Europe, and
Asia Pacific. As at September 30, 2011, CGI's revenue was $4.3
billion and its order backlog was $13.5 billion. CGI shares are
listed on the TSX (GIB.A) and the NYSE (GIB) and are included in
both the Dow Jones Sustainability 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
Canadian securities laws. 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
but 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
press release, in CGI's annual and quarterly Management's
Discussion and Analysis ("MD&A"), in CGI's Annual Report, 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), and in 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.
www.cgi.com/newsroom
Contacts: Investors Lorne Gorber Senior Vice-President, Global
Communications and Investor Relationslorne.gorber@cgi.com
514-841-3355 Media Sebastien Barange Director, Media
Relationssebastien.barange@cgi.com 514-841-3354
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