GIB.A (Toronto Stock Exchange)
GIB (New York Stock Exchange)
MONTREAL, June 13 /CNW Telbec/ - CGI Group Inc. (TSX: GIB.A; NYSE: GIB),
a leader in information technology and business process services announced the
opening of a new center of excellence in Sherbrooke. Along with provincial and
municipal dignitaries, Quebec's Premier Jean Charest, the Minister -
Employment and Social Solidarity, Sam Hamad, CGI's President and Chief
Executive Officer Michael E. Roach and CGI's Founder and Executive Chairman
Serge Godin were present for the announcement.
Supported by the Ministère de l'Emploi et de la Solidarité sociale
(Emploi-Québec), the Ministère du Développement économique, de l'Innovation et
de l'Exportation (MDEIE), the City of Sherbrooke and the academic members of
the Sherbrooke University Pole, the center is expected to open in the fall.
The addition of Sherbrooke is an important next step in the development
of CGI's ability to deliver the highest quality services and meet the growing
needs of its global clients. CGI employs experienced professionals serving
clients throughout the world in its centers of excellence in Canada, the
United States, Western Europe, and India.
CGI applies rigorous criteria in selecting locations for its global
delivery centers. Among the primary reasons, Sherbrooke was chosen for the
availability of a large pool of bilingual students and skilled IT
professionals, partnerships with local universities and CEGEPs, and the
proximity of existing clients.
"This new center of excellence will enable CGI to continue to provide the
best client-prescribed mix of local and global delivery sourcing," said Claude
Marcoux, Senior Vice-President and General Manager, Quebec, CGI. "By combining
Sherbrooke's existing skilled labour force and CGI's technological know-how,
we will create an environment in which CGI and the Sherbrooke region can win
and grow together."
"BRP, a CGI client for several years, will draw on the application
maintenance services offered by the Sherbrooke center of excellence to ensure
the reliability of the systems used by our clients and employees around the
world," stated Réal Deslauriers, Vice-President Information Systems, BRP.
"CGI's presence in Sherbrooke highlights how dynamic the region has become,
and gives us access to an exceptional level of expertise."
Over the next two to three years, CGI anticipates growing the Sherbrooke
facility to approximately 250 professionals. The center will be specialized in
emerging technologies, Web and application maintenance for the primary sectors
in which CGI offers its services - government, financial services,
telecommunications and utilities, manufacturing as well as retail and
distribution - and will serve many large international clients. For more
information, visit www.cgi.com/sherbrooke.
Sherbrooke is a city in south-eastern Quebec, Canada. With its
141,000 residents, it is the sixth biggest city in Quebec and the only major
city in the Eastern Townships. In 2007, Sherbrooke was recognized by the
Canadian Business Magazine as the top place to do business in Canada. The city
benefits from strong exports, a highly educated workforce, and a low
unemployment rate and is the location of two universities and three CEGEPs.
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 27,000 professionals. CGI
provides end-to-end IT and business process services to clients worldwide from
offices in Canada, the United States, Europe, Asia Pacific as well as from
centers of excellence in North America, Europe and India. CGI's annual revenue
run rate stands at $3.8 billion and at March 31st, 2008, CGI's order backlog
was $12.04 billion. CGI 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: www.cgi.com.
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 or 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.
For further information:
For further information: Lorne Gorber, Vice-President, Global
Communications and Investor Relations, (514) 841-3355, firstname.lastname@example.org