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GIB (NYSE)
GIB.A (TSX)
www.cgi.com/newsroom
STOCKHOLM, Sweden, Oct. 28, 2015 /CNW Telbec/ - CGI (NYSE: GIB)
(TSX: GIB.A) is pleased to announce the expansion of its
outsourcing agreement with DB Schenker to include the development
and management of the company's applications. The applications
manage core processes such as package and freight handling that are
critical to DB Schenker's transport and logistics business.
DB Schenker entered into a comprehensive outsourcing
relationship with CGI in 2014, selecting CGI as its partner for
overall IT support across its operations in Sweden and parts of Europe. The recent extension of this agreement
is for 4 years and is valued at approximately 65 million Swedish
Krona (approx. CAD $10 million).
As a leading transport and logistics company, DB Schenker has
rigorous requirements for stable and secure IT delivery, and the
mission-critical Unix applications CGI will be managing must be
available 24x7.
"It is extremely important to us that we have an IT partner that
understands our business and can meet our need for modern,
efficient and business-critical IT support," said Maria Magnusson, Manager of Application
Management at DB Schenker. "Through our long-time collaboration
with CGI, we have benefitted from delivery that evolves in line
with our needs. It therefore felt natural to extend our cooperation
to include an agreement for the development and management of our
core business applications."
"We are incredibly pleased with the close relationship we have
with DB Schenker," said CGI's Pär Fors, Senior Vice-President,
Sweden. "An important prerequisite
for this long-term relationship is our deep knowledge of DB
Schenker's operations. We see this new agreement as confirmation of
the value we are delivering, and we look forward to continuing to
help address DB Schenker's current and future needs."
About DB Schenker
DB Schenker is part of Deutsche Bahn Group and is a leading
provider of international transport and logistics services. With
approximately 95,000 employees around the world, the company offers
advanced logistics and transport services that meet customer
demands for quality, simplicity and environmental
responsibility.
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 of
approxiamtely C$20 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.