PRESS
RELEASE
Stock
Market Symbols
GIB.A
(TSX)
GIB
(NYSE)
US
Environmental Protection Agency Selects CGI Federal for
US$84
million Financial System Modernization Project
Fairfax,
Virginia, February 13, 2007
- CGI
Federal, Inc., a wholly-owned U.S. operating subsidiary of CGI Group Inc.
(CGI),
(NYSE: GIB; TSX: GIB.A) today announced that the Environmental Protection
Agency
(EPA) has chosen CGI as the financial management shared service provider
(SSP)
for EPA’s Financial System Modernization Project (FSMP). The 10 year deal,
valued at US$84 million, modernizes EPA’s financial system to CGI’s commercial
off-the-shelf Momentum® software, and migrates EPA’s financial system IT hosting
and application management to CGI as a commercial SSP under the Financial
Management Line of Business (FMLoB) initiative.
“CGI
is
a recognized leader in solving complex problems through the application
of
managed services for government and commercial clients alike,” said Donna Morea,
President of CGI’s U.S. operations. “Our selection by EPA is further validation
of CGI’s strategy of delivering the full spectrum of business management
services across technology management, application management, systems
integration and consulting and business process services.”
EPA’s
FSMP award to CGI culminates the first large-scale financial system procurement
conducted by a CFO Act federal agency under the FMLoB. This also marks
the first
time a federal agency has conducted a full and open FMLoB competition across
both public and private sector shared service providers, holding them to
the
same standards in offer evaluation. CGI, bidding its commercial off-the-shelf
Momentum software, was selected over both private and public sector SSPs.
EPA
joins the General Services Administration (GSA), the Administrative Office
for
the U.S. Courts (AOUSC), and the Corporation for National and Community
Service
(CNCS) in awarding financial system shared services contracts to CGI over
the
past year. GSA, CNCS and AOUSC currently operate production Momentum systems
hosted with CGI.
“EPA’s
move to our Momentum financial management solution and to a hosted solution
in
CGI’s southwest U.S. based data center signifies both EPA’s and our own
commitment to federal financial management excellence,” said Donna Ryan,
Vice-President, CGI Federal. “CGI’s selection over other vendors further
solidifies the CGI SSP and Momentum as the market leading FMLoB solution
that
best enables agencies to improve mission support, comply with federal accounting
and system standards, and modernize on a large-scale with the greatest
efficiency and lowest risk.”
About
Momentum®
The
CGI
Federal Momentum financial management software uses state-of-the art open
Web
technology standards to simplify system deployment and enable interoperability
with external systems. This Web based version allows federal agencies to
easily
implement
Momentum
across their enterprise. The solution is offered as a government-certified
commercial off-the-shelf product for federal agencies as well as part of
a
turnkey IT and business process service for federal agencies seeking new
solutions under the Federal Financial Management Line of Business initiative.
Over 100 U.S. federal government organizations currently use
Momentum.
About
CGI Federal
CGI
Federal (www.cgifederal.com) 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
25,000
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.
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 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 or 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. Except to the
extent
required by law, 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. Readers are
cautioned not to place undue reliance on these forward-looking statements
or on
this forward-looking information.
-30-
For
more information:
Investor
Relations
Lorne
Gorber
Vice-President,
Global Communications and
Investor
Relations
lorne.gorber@cgi.com
(514)
841-3355
Media
Relations
Peter
Cutler
Director,
Communications
peter.cutler@cgifederal.com
(703)
633-8973