CGI Expands Global Delivery Network with New Center of Excellence in Troy, Alabama
September 25 2009 - 12:38PM
PR Newswire (US)
Stock Market Symbols GIB.A (TSX) GIB (NYSE) TROY, AL, Sept. 25
/PRNewswire-FirstCall/ -- CGI Group Inc. (TSX: GIB.A; NYSE: GIB), a
leading provider of information technology and business process
services and Alabama Governor Bob Riley, announced the opening of a
new Center of Excellence in Pike County in Troy, Alabama. This 14th
global delivery center in CGI's network will bring 300 new jobs to
Pike County. The new software development and testing facility,
which will serve both commercial and government clients, will open
in January 2010. "Alabama is honored to welcome CGI and proud that
the company has chosen our state for this new high-tech facility.
The hundreds of new jobs coming here will mean more opportunities
and brighter futures for so many Alabama families," said Governor
Riley. "When I signed our new economic incentives law in May, I
said it would help us take our economic development efforts to a
higher level and allow us to compete for jobs in the technology
industry. Now we're seeing that new law is working to strengthen
our economy." With its U.S. headquarters in Fairfax, VA, CGI
provides end-to-end services to clients worldwide in the government
and healthcare, financial services, telecommunications and
utilities, retail and distribution and manufacturing industries.
"This new Center of Excellence in Pike County will allow CGI to
continue to create highly-skilled, quality jobs in rural America,"
said Donna Morea, President, CGI US. "The vision, leadership, and
commitment of Governor Riley as well as the City of Troy, Pike
County, and Troy University convinced us that CGI wanted to be a
part of this strong, forward-thinking, community." "This is a great
day for Troy, Alabama!" said Mayor Jimmy C. Lunsford. "CGI will
offer high technology jobs for many of our young people who, in the
past, left Troy for employment, while also bringing many back home.
I commend CGI for investing in rural America where communities have
had the vision to invest in IT infrastructure. During the past 27
years as mayor I have seen the expansion of local industry and
Fortune 500 companies coming to Troy. CGI will have just as great
an impact on our community as we build a long and fruitful
partnership." "I am pleased to welcome CGI to Troy and Pike
County," said Marsha Gaylard, President, Pike County Economic
Development Corporation. "I would also like to express my sincere
appreciation and gratitude to CGI for choosing to locate their
newest Center of Excellence in Troy, Alabama. The IT jobs that this
project is creating will have a tremendous economic impact on Troy,
as well as other cities in southeast Alabama for years to come."
"The criteria used by CGI for site selection pointed to Troy,
Alabama, as the perfect location," said Troy University Chancellor
Jack Hawkins. "The partnership between CGI, Troy University and
Troy, Alabama, is a 'match made in heaven' and will facilitate
growth and progress for each of the partners. We are excited by the
opportunities created by the presence of CGI. To interject 300
high-level jobs into this community will transform the city and
will elevate academic programs for our students and the high-tech
industry." About CGI Founded in 1976, CGI 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 in over 100 offices across 16
countries. CGI provides end-to-end IT and business process services
to clients worldwide from offices in Canada, the United States of
America, Europe, Asia Pacific as well as from centers of excellence
in North America, Europe and India. CGI's annualized revenue run
rate is currently $3.8 billion and as at June 30, 2009, its order
backlog was $11.8 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/.
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 http://www.sec.gov/), the Company's
Annual Information Form filed with the Canadian securities
authorities (filed on SEDAR at http://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. For video clips of the event, visit
http://wtsu.troy.edu/spots/cgi (available at approximately 3:00
p.m. CDT; 4:00 p.m. EDT). DATASOURCE: CGI GROUP INC. CONTACT:
Investors: Lorne Gorber, Vice-President, Global Communications and
Investor Relations, (514) 841-3355, ; Media: Linda Odorisio,
Vice-President, US Communications, (703) 267-8118,
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