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Comark Extends IT Outsourcing Agreement With CGI for 6 Years(March 20, 2012)
TORONTO, ONTARIO -- (Marketwire) -- 03/20/12 -- CGI Group Inc. (TSX:GIB.A)(NYSE:GIB), a leading provider of information technology and business processing services, announced today that it has extended its IT outsourcing agreement with Comark Inc., a leading Canadian specialty fashion retailer. This agreement will see CGI continue to manage Comark's IT infrastructure for its three Canadian divisions, including Comark's head office in Mississauga, Ontario.
This extension confirms CGI as the preferred IT supplier for Comark, which serves Canadian customers through three popular retail fashion brands: Ricki's, Bootlegger and cleo.
"CGI, a long-time partner to Comark, understands our retail operations and has consistently delivered services of outstanding quality," said Bill King, Vice President and Chief Financial Officer, Comark. "Stable, reliable, cost effective IT infrastructure underpinning our business is a key building block enabling Comark to continue growing successfully."
"The highly competitive retail landscape in Canada is evolving quickly and CGI is proud to have earned the confidence of more than 250 retailers, including Comark" said Doug McCuaig, President, CGI Canada. "Having extensive retail experience makes a marked difference in the service CGI delivers to Comark today, and in the coming years."
Heightened customer expectations, increased globalization, large-scale consolidation and challenging economic times are pressuring retailers and consumer service organizations to reach new markets, attract and retain customers, and drive cost reductions. CGI helps clients adapt and evolve through business and technology transformation. We build, implement and manage complex business and IT systems critical to success in today's changing marketplace. CGI's comprehensive retail and consumer services for retail, entertainment, publishing, technology and media companies transform operations in areas such as store systems, merchandise systems, supply chain, e-commerce, enterprise resource planning and concept-to-consumer collaboration.
About Comark Inc.
Comark is one of Canada's leading specialty apparel retailers. Established in 1976, the Company today has over 300 stores operating under three divisions: Ricki's, Bootlegger and cleo, with stores located in shopping malls and big box power centres across Canada. Each of its divisions targets a clearly defined customer base, ranging from young adults to the New50 Woman, with a mix of exclusive private-label and nationally branded products. www.comark.ca
Founded in 1976, CGI Group Inc. is one of the largest independent information technology and business process services firms in the world. CGI provides end-to-end IT and business process services to clients worldwide with approximately 31,000 professionals located in offices and centres of excellence in Canada, the United States, Europe and Asia Pacific. As at December 31, 2011, CGI's annualized revenue was approximately $4.1 billion and its order backlog was approximately $13.6 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 FTSE4Good Index. Website: www.cgi.com.
Director, Communications, CGI
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