CGI Group Inc.
TSX : GIB.A
NYSE : GIB

CGI Group Inc.

July 31, 2012 08:36 ET

CGI Secures IT Partnership Agreement With Countrywide

LONDON, UNITED KINGDOM--(Marketwire - July 31, 2012) - CGI Group Inc. (TSX:GIB.A)(NYSE:GIB), a leading provider of global information technology and business process services, has entered into a seven year IT partnership agreement with Countrywide, the UK's largest property services group. Over the next seven years, CGI will provide IT services to Countrywide's 10,000 employees across the UK and deliver a series of major transformational improvements to upgrade and improve Countrywide's technology and telephony platforms to ensure it leads the way in providing high quality service to its clients.

The strategic partnership agreement will see CGI consolidating and upgrading Countrywide's existing IT systems to improve technology service delivery. The transformed IT services will support Countrywide's client-focussed business strategy and ensure that it is able to increase its rate of innovation and rapidly develop and roll-out world class IT solutions.

Over the next two years end users' personal productivity tools will be transformed; desktops will be virtualised and voice over IP (VoIP) will be delivered to all 1,300 offices and 10,000 employees across the UK.

Tim Gregory, President, Europe and Australia Operations, CGI, commented "We are pleased to welcome Countrywide as one of CGI's newest UK clients, and look forward to supporting them whilst they transform their business to ensure they preserve and grow market share, fortify strategic B2B partnerships and drive competitive advantage."

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 provides end-to-end services with approximately 31,000 professionals located in offices and global delivery centers in Canada, the United States, Europe and Asia Pacific. As at June 30, 2012, CGI's annualized revenue was approximately $4.3 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

About Countrywide

Countrywide is the UK's largest and most successful estate agency and property services group, operating more than 1,300 associated branches across England, Scotland and Wales. Countrywide's network of expertise helps more people move than any other business in the UK and is a leading provider of estate agency, lettings, mortgage services, land and new homes, auctions, surveying, conveyancing and corporate property management services.

Countrywide's award-winning service has earned the business 127 high-profile industry awards since 2008, with customers voting Countrywide Best Large Estate Agency Chain at the 2012 ESTA Awards for the fourth consecutive year. Recent accolades also include UK Lettings Agent of the Year (Gold) at the 2012 RESI Awards, Best Large Lettings Chain (Silver) at the Sunday Times Lettings Agency of the Year 2012 and Best Surveyor at the 2011 My Introducer awards.

Countrywide operates some of the biggest and best-known names in the industry.

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.

www.cgi.com/newsroom

Contact Information

  • Investors
    Lorne Gorber
    Senior Vice-President,
    Global Communications and Investor Relations
    lorne.gorber@cgi.com
    +1 514 841-3355

    Media
    Janine Bailey
    Director, Communications - Europe and Australia
    janine.bailey@cgi.com
    +44 (0) 7766 420850

Webosphere

Keyword Cloud

View Website