FAIRFAX, Virginia, March 5, 2015 /PRNewswire/ --
- 4-year partnership on 'Commission 2.0' will replace Clerk's
Information System and align business processes to better use
technology
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GIB (NYSE)
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http://www.cgi.com/newsroom
CGI (NYSE: GIB) (TSX: GIB.A) today announced that it has been
selected by the Virginia State Corporation Commission (SCC) to
partner on Commission 2.0, a major initiative to modernize the
SCC's systems, processes, and reporting to better serve the needs
of Virginia's businesses.
The contract is valued at US$32.5
million over four years.
The SCC operates with broad regulatory authority over businesses
and economic interests in Virginia, a mandate that ranges from setting
rates for investor-owned utilities to serving as the central filing
office for business entities in the Commonwealth.
The Commission 2.0 program will improve and standardize business
processes and enterprise access to critical documents and data. CGI
brings technology expertise and business insight that will help the
SCC achieve productivity gains, enhance customer service and
deliver a modernized platform that responds to evolving business
needs. Technology platform standardization will improve long
term maintainability for the Commonwealth.
"For nearly 20 years, CGI has been a trusted business and IT
services partner to the Commonwealth of Virginia, where it has created jobs and
supported local economies as an active corporate citizen," said CGI
Senior Vice President Mark Boyajian.
"We've demonstrated an ability to partner with the Commonwealth on
successful programs and will continue to deliver on our commitment
to the SCC's important public mission."
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 annual revenue in excess of
C$10 billion and an order backlog
exceeding C$20 billion, CGI shares
are listed on the TSX (GIB.A) and the NYSE (GIB). 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
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 http://www.sec.gov), and in
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.
Investors: Lorne Gorber, Senior
Vice-President, Global Communications and Investor Relations,
lorne.gorber@cgi.com, +1-514-841-3355; Media, Linda Odorisio, Vice-President, US
Communications, CGI, linda.odorisio@cgi.com , +1-703-267-8118