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FAIRFAX, VA, May 14 /CNW Telbec/ - CGI Federal, Inc., a wholly-owned U.S.
operating subsidiary of CGI Group Inc., (NYSE: GIB; TSX: GIB.A) announced
today that it has been selected by the U.S.General Services Administration
(GSA) to provide operations and maintenance (O&M) support and software
upgrades for the agency's Pegasys financial management application. The
contract is valued at US$52 million over five years.
GSA's Pegasys financial management system, which is hosted in CGI's
Phoenix Data Center, is based on CGI's market leading Momentum(R) financial
management software. It supports users from 11 regions across the country and
the processing of nearly 20 million transactions totaling over US$24 billion
annually. Under this contract, CGI will provide project management, production
support, testing, development and implementation support as well as software
upgrades and maintenance.
"CGI has over 10 years of success in providing Pegasys technical support
and software maintenance to GSA," said George Schindler, President, CGI
Federal. "CGI is in the business of satisfying clients. We are proud that GSA
has once again chosen CGI as its partner to support the Pegasys system."
About CGI Federal
CGI Federal (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 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
25,500 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, 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 31, 2009, CGI's order backlog was $12.0
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, 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 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 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: Investors: Lorne Gorber, Vice-President, Global
Communications and Investor Relations, (514) 841-3355, firstname.lastname@example.org;
Media: Peter Cutler, Director, Communications, (703) 227-6933,