Press release from Marketwire
U.S. Agency for International Development Selects CGI to Help Advance its Worldwide IT Innovation Initiatives
Multi-vendor US$900 million BPA ranges from infrastructure to emerging solutions
Wednesday, May 30, 2012
FAIRFAX, VIRGINIA--(Marketwire - May 30, 2012) - CGI Federal Inc. (CGI), a wholly-owned U.S. operating subsidiary of CGI Group Inc. (NYSE:GIB)(TSX:GIB.A) has been selected by the U.S. Agency for International Development (USAID) for its five-year IT Forward Blanket Purchase Agreement (BPA). CGI is one of five large businesses awarded a position on the BPA, which has a total value of US$900 million.
The IT Forward vehicle supports USAID's ambitious reform effort, USAID FORWARD. This initiative focuses on seven key mission and business areas that will deliver innovation and results across the worldwide USAID organization. Under the vehicle, CGI will deliver a range of design, modernization, enhancement, and operations services for the agency's infrastructure, systems, and enterprise-wide activities, such as cloud, mobile, security operations, and virtualization.
"For USAID, the FORWARD reform agenda is critical to achieving the Administration's vision of the United States as a global leader in international development," said Toni Townes-Whitley, Senior Vice-President, CGI. "CGI has partnered with USAID for more than a decade, so our strong mission understanding will enable us to deliver the end-to-end technology expertise the agency needs to create a more dynamic, collaborative, and innovative model for international aid."
About CGI Federal Inc.
CGI Federal Inc. is a wholly-owned U.S. operating subsidiary of CGI Group Inc., dedicated to partnering with federal agencies to provide solutions for defense, civilian, and intelligence missions. 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 the United States, Canada, Europe and Asia Pacific. As at March 31, 2012, CGI's annualized revenue was approximately $4.3 billion and its order backlog was approximately $13.1 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: www.cgi.com/usfederal.
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.
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