CGI Group Inc. (CGI) (TSX: GIB.A; NYSE: GIB) and its joint venture partner IT/Net, were awarded by Public Works and Government Services Canada (PWGSC) a 2 year, $9.7 million dollar contract to provide system integration support services to PWGSC's Financial Systems Transformation (FST) project. This contract includes options to extend the contract by up to four additional one year periods.
The FST initiative supports PWGSC's deputy minister's stated direction to increase financial oversight and provide sound management of public resources through improved financial service delivery. The solution will replace the department's multiple legacy financial and material management applications with the Government of Canada's SAP R/3 Version 4.7 Integrated Finance and Material System (IFMS).
In addition to the SAP implementation, Team CGI-IT/Net will develop a strategy and provide necessary support services to ensure a stable transition from the existing financial applications currently in use to the new improved system.
"We are very pleased to be part of PWGSC's FST Project Team. As a certified SAP Hosting and Alliance Partner, CGI will be leveraging its local SAP expertise as well as its global SAP center of expertise to bring PWGSC a committed and seasoned SAP-centric operational and technology management group with extensive capabilities," said Hicham Adra, CGI's Senior Vice-President and General Manager, National Capital Region and Western Canada.
With more than 500 professionals, CGI's centre of expertise is one of the largest SAP ERP solutions teams in Canada with enterprise clients that include Innovapost/Purolator, Bell Canada and Cirque du Soleil® .
The combined CGI and IT/Net group is comprised of more than 1,000 Ottawa-based professionals and has more than 30 years of experience providing consulting, systems integration and IT and business management capability to the Government of Canada.
With over 5,000 professionals dedicated to the public sector and more than $1 billion in revenue from this sector, CGI is one of the largest IT and business process services providers to government in Canada and the United States. The company serves the federal government and 75% of provincial and territorial governments in Canada. This deep expertise enables public sector clients to modernize and transform with services and solutions that improve the citizen experience, increase efficiency and improve accountability.
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 25,000 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 annualized revenue run rate stands at $3.6 billion (US$3.1 billion) and at December 31st, 2006, CGI's order backlog was $12.6 billion (US$10.9 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.
About IT/Net
Founded in 1991, IT/Net is a prominent management consulting firm that offers comprehensive consulting services in all aspects of Information Management and Technology (IM/IT). IT/Net provides clients in both private and public sectors with a combination of management and technical expertise, to ensure that computer-based technologies are applied in a cost-effective and appropriate manner. IT/Net has been a leading provider of expert SAP services to the federal government since 1996.
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For more information:
Media
Yvonne Gibson
Director of Communications, Canada
yvonne.gibson@cgi.com
905-695-6421
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