CGI Group Inc.

CGI Group Inc.

July 14, 2011 08:31 ET

CGI Announces Offering for Cost-Effective and Sustainable State Health Insurance Exchanges

FAIRFAX, VIRGINIA--(Marketwire - July 14, 2011) - CGI Group Inc. (NYSE:GIB)(TSX:GIB.A), a leading provider of information technology and business process services, today announced CGI Health Insurance Exchange360™, a suite of business, technology and consulting services designed to help states launch cost-effective and sustainable Health Insurance Exchanges in time to meet the 2014 deadline set by federal health reform legislation.

The national Health Insurance Exchange initiative seeks to create online marketplaces where individuals and small businesses can compare plans and obtain health insurance, in effort to reduce the number of uninsured Americans. Creating this new model for states requires expertise in health insurance, health IT and program administration. CGI brings deep knowledge and insight across all of these disciplines from its extensive work with federal agencies, state governments and leading commercial health insurers.

CGI's Health Insurance Exchange360 is a consumer-centric platform that helps states launch portals, manage eligibility/enrollment and seamlessly exchange data with commercial carriers as well as state and federal agencies. CGI's highly flexible technology integrates easily into existing state systems, minimizing risk and leveraging state investments. The platform allows states to evolve programs over time and respond quickly to legislative, regulatory and financial changes. States can choose the combination of CGI services that best meet their needs. CGI also provides flexible funding models to build sustainable programs and can facilitate collaboration between states to achieve economies of scale.

"CGI Health Insurance Exchange360 brings states the benefit of our 20+ years of experience in health insurance and IT transformation," said Holli Ploog, Vice-President, CGI. "Our unique perspective and successful delivery of complex health IT systems in both the public sector and commercial markets will help states build a connected network across governments, providers and consumers."

About CGI

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 centres of excellence in the United States, Canada, Europe and Asia Pacific. As at March 31, 2011, CGI's annualized revenue was approximately C$4.5 billion and its order backlog was approximately C$12.6 billion. CGI shares are listed on the NYSE (GIB) and the TSX (GIB.A) and are included in both the Dow Jones Sustainability Index and the FTSE4Good Index. Website:

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