CGI Renews its Contract with Yellow Pages Group for more than $100 Million
03 Novembro 2009 - 11:30AM
PR Newswire (US)
Stock Market Symbols GIB.A (TSX) GIB (NYSE) MONTREAL, Nov. 3
/PRNewswire-FirstCall/ -- CGI Group Inc. (TSX: GIB.A; NYSE: GIB), a
leading provider of information technology and business process
services, announces that Yellow Pages Group, Canada's leading local
commercial search provider, is extending and expanding its contract
with CGI until 2019. This extension is valued at more than $100
million. As part of this 10-year contract, CGI will manage the
applications and infrastructure of Yellow Pages Group's computer
network, as well as other projects, namely business intelligence
and the optimization of the company's research tools. "We've been
benefiting from CGI's excellent service and vast IT experience for
several years, so we did not hesitate to renew our contract," said
Yvan Proteau, Chief Information Officer, Yellow Pages Group. "CGI's
Web data research system management skills will enable us to reach
new heights and maintain our competitive advantage." "We're proud
to be able to keep contributing to the evolution and expansion of
Yellow Pages Group's activities and maximize returns on their IT
investments," said Claude Marcoux, Senior Vice-President and
General Manager, Quebec and Ottawa, CGI. "This contract extension
shows CGI's commitment to building long-lasting, strategic
partnerships, where our clients and their results are our top
priority." About CGI 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 Canada, the United States of
America, Europe, Asia Pacific as well as from centers of excellence
in North America, Europe and India. CGI's annualized revenue run
rate is currently $3.8 billion and as at June 30, 2009, its order
backlog was $11.8 billion. CGI's 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: http://www.cgi.com/. About
Yellow Pages Group Yellow Pages Group is Canada's leading local
commercial search provider. Each year, it publishes more than 340
Yellow Pages(TM) and residential directories. YPG also owns and
operates Canada's most visited online directories -
YellowPages.ca(TM) and Canada411.ca(TM) along with
CanadaPlus.ca(TM), a network of seven local city sites.
YellowPages.ca(TM) can be accessed on mobile devices as well as at
mobile.yp.ca and through mobile applications on BlackBerry(R),
Apple iPhone(TM) and Google(TM)'s Android(TM). Yellow Pages Group
is indirectly held by Yellow Pages Income Fund (TSX: YLO.UN). For
more information, visit http://www.ypg.com/ or for recent news on
the Company, follow http://twitter.com/yellowpages_ca.
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 sections 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 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 IT
industry; general economic and business conditions, foreign
exchange and other risks identified in the MD&A, 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 significantly
differ from our current expectations in the Risks and Uncertainties
section. DATASOURCE: CGI GROUP INC. CONTACT: Lorne Gorber,
Vice-President, Communications and Investor Relations, CGI, (514)
841-3355, ; Souad Gara, Senior Manager, Corporate Communications,
Yellow Pages Group, (514) 934-2770,
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