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BDC AND CGI SIGN FOUR-YEAR CONTRACT RENEWAL AGREEMENT
Montreal, Quebec, May 11, 2007 -
CGI Group Inc. (TSX: GIB.A; NYSE: GIB) and BDC today announced the renewal of a contract that will see the two organizations continue to work together for four additional years as well as a renewal option of three supplementary periods of one year each.
Under the terms of the contract, CGI will continue to provide BDC with services that include hosting, printing and insertion, AS/400 environment management, Internet bandwidth, 5970 audits, and business continuity planning.
To respond to the specific needs of BDC, CGI will also assure recovery services in Canada in collaboration with its recovery services supplier.
“We have established a partnership of trust with CGI, and we particularly appreciate the quality of its data centers and associated services. CGI offers the skills and technological structure and know-how to support our business operations,” stated Mireille Rondeau, Vice-President, Systems and Technology, BDC.
Paul Biron, Senior Vice-President and General Manager, Technologies & Infrastructure, CGI, added, “We are delighted to continue our long-term partnership with BDC. The extension of this contract demonstrates the confidence that BDC has in us as well as the excellent communication channels that exist between our two organizations, which ultimately allow us to adapt our services to BDC’s needs.”
As Canada’s leading IT and business process services firm, CGI combines robust technology management capabilities with quality processes and flexible global delivery options to create and manage technology infrastructures that address its clients’ top concerns. Moreover, organizations using CGI’s services are able to more easily comply with constantly evolving regulatory frameworks while controlling their costs and making judicious investments for the future.
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 its offices in Canada, the United States, Europe, and Asia Pacific as well as from centers of excellence in North America, Europe and India. CGI's annualized revenue run rate stands at $3.8 billion (US$3.3 billion) and at March 31, 2007, CGI's order backlog was $12.3 billion (US$10.8 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 BDC
BDC is a financial institution wholly owned by the Government of Canada. BDC actively supports the development and growth of Canadian small and medium-sized businesses through its complementary financial, investment and consulting solutions. BDC has been named one of Canada's Top 100 Employers for 2007. Please visit www.bdc.ca for more details.
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For more information:
CGI
Philippe Beauregard
Director, Corporate Communications and
Public Affairs
philippe.beauregard@cgi.com
514 841-3218
BDC
Eva Boucher-Hartling
Media Relations Manager
514 283-7929
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