CGI to manage over 100 critical health applications
VICTORIA, BRITISH COLUMBIA--(Marketwire - Nov. 1, 2011) - CGI Group Inc. (TSX:GIB.A)(NYSE:GIB), a leading provider of information technology and business process services, today announced the signing of a contract extension with Ministry of Health in British Columbia to provide IT support on over 100 critical applications used by health professionals, health administrators and patients. This four-year extension for $15 million builds on an existing five-year agreement.
Ministry of Health is responsible for ensuring the quality, appropriateness, and timeliness of health services to over four million British Columbians. Under this extended agreement, CGI will continue to provide 24/7 service to mission critical applications, including those that support core services provided by the Ministry in the areas of patient safety, mental health, public health and vital statistics. The agreement will also encompass a wide range of technology services including application and systems development, architecture consulting, project management, and infrastructure planning.
Leveraging its local delivery model, CGI will deliver this work from its Victoria office, maintaining highly skilled IT jobs in British Columbia.
"The BC Ministry of Health is one of the leading ministries in Canada providing unique solutions to help improve the overall sustainability of the health system," said Shawn Derby, Senior Vice-President, Western Canada. "With a focus on increasing innovation, productivity and efficiency, the Ministry and CGI continue to work together to deliver cost effective solutions to meet the BC health system's needs. CGI is extremely pleased to continue our partnership with the Ministry of Health, our flagship account in BC," he added.
CGI delivers a full suite of health IT services and business solutions that advance the goals of the healthcare industry. Our solutions reduce operating costs, advance the quality of care, and promote public health, while our focus in both the public and private healthcare initiatives delivers the confidence our clients need to succeed in this continually changing environment. CGI's expertise creates savings through our knowledge of the health industry including full IT outsourcing, application renovation, common off the shelf (COT) software installation and integration, application enhancement, production support, legacy systems sunset, and project management. Our point solutions help our clients with specific business requirements including our electronic medical records (EMR), health information exchange (HIE), collaborative care and disease management (CDM), medical bill recovery audits, health insurance exchange and core system replacements services.
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 centers of excellence in the United States, Canada, Europe and Asia Pacific. As at June 30, CGI's annualized revenue was approximately C$4.2 billion and its order backlog was approximately C$12.7 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.
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 Report on Form 40-F filed with the U.S. Securities and Exchange Commission (filed on EDGAR at www.sec.gov), 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. You will find more information about the risks that could cause our actual results to differ significantly from our current expectations in the Risks and Uncertainties section.