Vancity renews core IT services relationship with CGI as it focuses on key business strategies



    
    Stock Market Symbols
    GIB.A (TSX)
    GIB (NYSE)
    
    VANCOUVER, BC, June 3 /CNW Telbec/ - CGI Group Inc. (TSX: GIB.A;
NYSE:   GIB) a leader in information technology (IT) and business process
services, is pleased to announce the renewal of its contract with Vancity.
This renewal will see the two organizations continue to work together for up
to seven additional years.
    The contract, managed through Inventure Solutions Inc. (a Vancity
Company) that provides IT solutions to the Vancity Group, is for the
maintenance, support and development of Vancity's core banking ABLix software.
CGI has managed this component of Vancity's operations since 1998 and will
continue to do so, enabling Vancity to focus resources on the implementation
of its key business strategies.
    "We value the trust that Vancity has placed in our company and our
ability to keep their core banking application functioning at a level that
their members have grown to expect," said Paul Mackley, Vice-President,
Services to Credit Unions, CGI.
    CGI has provided services and solutions to Canadian credit unions for
over 30 years. CGI's long-standing mission is to provide credit unions with
the core banking functionality that helps them compete with global players,
while maintaining their local community values.

    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 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.

    Forward- Looking Statements

    All statements in this MD&A 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.




For further information:

For further information: Yvonne Gibson, Director of Communications,
Canada, (905) 695-6421, yvonne.gibson@cgi.com


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