CGI awarded 5-year US$32 Million contract for hosting GSA's Integrated Financial System
October 09 2009 - 8:30AM
PR Newswire (US)
Stock Market Symbols GIB.A (TSX) GIB (NYSE) FAIRFAX, VA, Oct. 9
/PRNewswire-FirstCall/ -- CGI Federal, a wholly-owned U.S.
operating subsidiary of CGI Group Inc. (TSX: GIB.A; NYSE: GIB),
today announced the U. S. General Services Administration (GSA)
awarded it a five-year, US$32 Million contract for data center
hosting and application management support of its Integrated
Financial System (IFS), which is based on CGI's Momentum(R)
Financials software. With this contract, CGI will continue to
provide Momentum hosting services for Pegasys, GSA's financial
management shared service for federal agencies as well as the
recently awarded Billing and Accounts Receivable (BAAR) project in
support of more than 5,500 geographically dispersed users and 4,000
external customers across the United States. "CGI is pleased to
extend its support to GSA as a managed services partner," said CGI
Federal President George Schindler. "This new, consolidated
contract will allow CGI the opportunity to continue to support GSA
in its core mission of delivering excellence in government." About
CGI Federal CGI Federal (http://www.cgi.com/usfederal) is a
wholly-owned U.S. operating subsidiary of CGI Group Inc., dedicated
to providing effective IT solutions for federal government agencies
by combining over 30 years of government experience and technology
skills. 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, as
amended. These statements and this information represent CGI Group
Inc.'s ("CGI") 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 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's Annual Report on Form 40-F filed with the U.S. Securities
and Exchange Commission (filed on EDGAR at http://www.sec.gov/),
and in CGI's annual and quarterly MD&A and 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. 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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