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CGI to Modernize State of West Virginia's ERP SystemCGI's built-for-government solution will integrate financial, procurement, HR, and budgeting functions statewide (December 14, 2011)
FAIRFAX, VIRGINIA -- (Marketwire) -- 12/14/11 -- CGI Group Inc. (NYSE:GIB) (TSX:GIB.A), a leading provider of information technology and business process services, today announced that the State of West Virginia will implement CGI's AMS Advantage?? enterprise resource planning (ERP) solution statewide. The contract is valued at US$98 million over eight years.
As one of the few states operating without a deficit in today's challenging economy, West Virginia can be seen as a model of fiscal responsibility, financial stability, and accountability to its citizens. Ready to modernize and continue to improve its statewide budgeting, financial management, and human resources operations, the State will implement the full suite of CGI's AMS Advantage ERP solution, the only ERP software developed to meet the regulatory and processing requirements unique to the public sector. CGI's AMS Advantage will streamline processing and increase access to information in support of the State's commitment to continuous operational improvement. West Virginia will benefit from working with CGI's unrivaled government experts, providing a single point of accountability for software and services as it moves forward with its phased implementation.
"West Virginia conducted a rigorous, full, and open competition to select an ERP partner to meet its current and future needs for a single, integrated ERP system," commented the West Virginia Enterprise Resource Planning Board, whose members include Governor Earl Ray Tomblin, State Auditor Glen Gainer III, and State Treasurer John Perdue. "CGI has a proven track record of ERP implementation success and their solution will effectively help the State modernize both its systems and business processes while making information from operations more reliable, timely, and accessible."
"CGI has the experience and track record to deliver results for West Virginia," said Daniel Keene, Vice-President of CGI's AMS Advantage program. "Our built-for-government solution brings the full range of software, expert services, and support needed by the State to continue its fiscal leadership at the lowest total cost of ownership. CGI is proud to welcome the State of West Virginia as its client."
About CGI's AMS Advantage
For states, cities, counties and school districts, CGI's AMS Advantage ERP solution works for government at all levels and has helped public sector clients better serve 90+ million citizens. Designed specifically for state and local government and available in the cloud, the solution incorporates CGI's 35 years of expertise and experience in the public sector market. AMS Advantage helps governments achieve the highest level of accountability while enhancing services to their constituents through integrated functionality, workflow and configurable processes. The result is significantly increased efficiency, improved access to information and reduced total cost of ownership.
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 31,000 professionals. CGI provides end-to-end IT and business process services to clients worldwide from offices and centers of excellence in Canada, the United States, Europe, and Asia Pacific. As at September 30, 2011, CGI's revenue was $4.3 billion and its order backlog was $13.5 billion. CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB) and are included in both the Dow Jones Sustainability Index and the FTSEXGood Index. Website: www.cgi.com.
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 Report on Form 40-F filed with the U.S. Securities and Exchange Commission (filed on EDGAR at www.sec.gov), 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. You will find more information about the risks that could cause our actual results to differ significantly from our current expectations in the Risks and Uncertainties section.
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