CGI Group Inc.

TSX : GIB.A
NYSE : GIB


CGI Group Inc.

October 23, 2012 08:36 ET

CGI Partners With Colorado Health Benefit Exchange (COHBE) to Deliver Health Insurance Marketplace for Colorado

FAIRFAX, VIRGINIA--(Marketwire - Oct. 23, 2012) - CGI Group Inc. (NYSE:GIB)(TSX:GIB.A), a leading provider of information technology and business process services, has been selected by the Colorado Health Benefit Exchange (COHBE) to develop, implement, operate and maintain the computer systems for Colorado's new web-based health insurance marketplace.

CGI's team of health IT experts will partner with Colorado to deliver a simple, intuitive web solution that enables customers to determine which product works best for their needs, and to inform them if they may be eligible for assistance paying for their health insurance. COHBE will utilize CGI Health Insurance Exchange360®, a technology platform that is aligned with Affordable Care Act requirements and is Medicaid Information Technology Architecture (MITA) compliant, as well as CGI's consulting and business services. The new marketplace will deliver increased access and choice for individuals and small employers purchasing health insurance in Colorado.

"We are partnering with CGI to build a sustainable solution that minimizes long-term operational costs and offers the flexibility to grow and change over time to meet the needs of Colorado," said Patty Fontneau, Executive Director and CEO, Colorado Health Benefit Exchange. "CGI's strong delivery track record as well as their expertise in this unique exchange market makes them a valued partner for Colorado."

"CGI provides a low risk, best value leading technology solution to meet state and federal timelines," said Dave Delgado, Senior Vice-President for CGI's U.S. West business unit. "We are excited to partner with COHBE and build a new, easy-to-use health insurance marketplace for Coloradans."

About CGI

Founded in 1976, CGI Group Inc. is the sixth largest independent information technology and business process services firm in the world. With approximately 72,000 professionals located in offices and global delivery centers in the Americas, Europe and Asia Pacific, CGI offers a comprehensive portfolio of services including high-end business and IT consulting, systems integration, application development and maintenance, infrastructure management as well as more than 100 proprietary solutions. Further to the recent completion of the Logica acquisition, CGI's annualized revenue is approximately C$10.4 billion, with an estimated order backlog of approximately C$17.7 billion, CGI's shares are listed on the NYSE (GIB) and the TSX (GIB.A) and are included in the FTSE4Good Index. Website: www.cgi.com.

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