CGI awarded 10-year, US$395 million BPA with the U.S. Department of State and U.S. Agency for International Development
January 19 2010 - 8:30AM
PR Newswire (US)
Single Award BPA for Systems Integration, Consulting Services, and
Operational Support FAIRFAX, VA, Jan. 19 /PRNewswire-FirstCall/ --
The U.S. Department of State has awarded CGI Federal Inc. (CGI), a
wholly-owned U.S. operating subsidiary of CGI Group Inc. (NYSE: GIB
; TSX: GIB.A), a competitive, single award, 10-year Blanket
Purchase Agreement (BPA) with a ceiling of up to US$395 million
under CGI's GSA-IT Schedule Contract in support of the agencies'
Joint Financial Management System (JFMS). JFMS is a global platform
based on CGI's Momentum(R) software used by both the Department of
State and the U.S. Agency for International Development to
efficiently and cost-effectively manage domestic and overseas
financial management activities. Under this BPA, CGI will provide
systems integration, consulting services, and operational support
for more than 5,000 JFMS users in more than 300 posts and missions
around the world. "We are pleased to continue our long-standing
partnership with the Department of State and U.S. Agency for
International Development," said George Schindler, President of CGI
Federal Inc. "We look forward to continuing to help both agencies
achieve their goals for maximizing the synergies between their
business and IT capabilities in support of their core diplomatic
and development missions." About CGI Federal Inc. CGI Federal Inc.
(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
the United States of America, Canada, Europe, Asia Pacific as well
as from centers of excellence in North America, Europe and India.
As at September 30, 2009, CGI's fiscal 2009 revenue was $3.8
billion and its order backlog was $10.9 billion. CGI's shares are
listed on the NYSE (GIB) and the TSX (GIB.A) 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 section 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 but 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
press release, 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/), the Company's 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. You will find more information about the risks that
could cause our actual results to differ significantly from our
current expectations in the Risks and Uncertainties section.
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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