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HELSINKI, Finland, Dec. 18, 2014 /CNW Telbec/ - CGI (NYSE: GIB)
(TSX: GIB.A) has entered into an IT services outsourcing agreement
with the City of Vantaa in Finland. Under the agreement, CGI
will assume responsibility for the city's information systems,
servers and workstations, as well as provide support for around
11,000 end users. A number of Vantaa employees will join CGI as
part of the agreement.
The five-year agreement is valued at approximately 22 million euros and takes effect on January 1, 2015. The work will begin with an
initial planning project to ensure a smooth transition. No visible
impact on the residents of Vantaa is expected.
"The key to success is not just in outsourcing, but in finding a
talented and innovative supplier," said Antti Ylä-Jarkko, CIO for
the city. "We need a strong supplier that thinks outside of the
box. Based on our strategy, the IT department needs to become a
highly-skilled service supplier for end users."
In addition to supporting thousands of end users and a wide
range of information systems and software, the city's IT services
cover approximately 13,000 workstations, 16,500 tablets and 200
servers. Services are also used by about 30,000 educational network
users.
"IT infrastructure outsourcing is a clear trend in the public
sector because its benefits are so clear," noted Leena-Mari
Lähteenmaa, senior vice president, CGI. "For example, critical,
around-the-clock monitoring systems are difficult and expensive to
implement and maintain in-house. It's also important to note that
the cost and quality benefits of outsourcing improve significantly
when detailed service levels with clear sanctions are agreed upon
between the outsourcing partners."
About CGI
Founded in 1976, CGI Group Inc. is the fifth largest independent
information technology and business process services firm in the
world. Approximately 68,000 professionals serve thousands of global
clients from offices and delivery centers across the Americas,
Europe and Asia Pacific, leveraging a comprehensive
portfolio of services including high-end business and IT
consulting, systems integration, application development and
maintenance, infrastructure management as well as a wide range of
proprietary solutions. With annualized revenue in excess of
C$10 billion and an order backlog
exceeding C$18 billion, CGI shares are listed on the TSX
(GIB.A) and the NYSE (GIB). 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 Canadian
securities laws. 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 and quarterly Management's Discussion and Analysis
("MD&A"), in CGI's Annual Report, in CGI's Annual Report on
Form 40-F filed with the U.S. Securities and Exchange Commission
(filed on EDGAR at www.sec.gov), and in the Company's 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. 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.
SOURCE CGI Group Inc.