CGI expands its partnership with BRP for 10 years
MONTREAL, QUEBEC -- (Marketwire) -- 02/11/13 -- CGI Group Inc.
(TSX:GIB.A)(NYSE:GIB), a leading provider of information technology
and business process services, is pleased to announce the extension
and expansion of its IT outsourcing contract with Bombardier
Recreational Products Inc. (BRP) for 10 years, at an estimated value
of $74 million.
Since 2007, CGI has successfully managed BRP's mission critical
infrastructure environment for SAP, e-commerce applications and
public Websites. CGI was also responsible for the support, evolution
and project delivery for BRP's customer portal that allows its
dealers and distributors to do business from around the world.
Based on its successful track record, BRP has decided to broaden the
partnership to better respond to evolving global business demands, to
optimize value from IT investments and to enable business
"CGI is a proven partner with the expertise, solutions, capacity and
scale we need to respond rapidly and effectively to the evolving
needs of our business," said Real Deslauriers, BRP's vice-president,
Information Systems. "Through its office in Sherbrooke and its global
delivery model, CGI is now considered our partner of choice who can
provide thought leadership, local and global resources at competitive
pricing, reducing both our risks and IT costs."
"We are excited and proud to call BRP our flagship client in the
Eastern Townships region," said Guy Vigeant, Senior Vice-President,
Greater Montreal. "Our Sherbrooke-based team, combined with resources
in Montreal and offshore, are providing BRP the expertise and agility
needed to achieve their desired business results."
Bombardier Recreational Products Inc. (BRP), a privately held
company, is a world leader in the design, development, manufacturing,
distribution and marketing of motorised recreational vehicles.
Distributed in more than 100 countries, its portfolio of brands and
products includes: Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft,
Evinrude outboard engines, Can-Am all-terrain and side-by-side
vehicles and roadsters, as well as Rotax engines. BRP also provides
parts and service to Sea-Doo boat and Johnson outboard engine owners.
BRP employs approximately 6,500 people worldwide. www.brp.com
Ski-Doo, Lynx, Sea-Doo, Evinrude, Johnson, Can-Am, Rotax and the logo
BRP are trademarks of Bombardier Recreational Products Inc. and its
Founded in 1976, CGI Group Inc. is the fifth largest independent
information technology and business process services firm in the
world. With approximately 71,000 members 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 a
wide range of proprietary solutions. Further to the recent
acquisition of Logica, CGI's annualized revenue is in excess of C$10
billion, with an estimated order backlog of approximately C$18.3
billion; its shares are listed on the TSX (GIB.A) and the NYSE (GIB)
and are included in the FTSE4Good Index. Website: www.cgi.com.
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.
Global Communications and Investor Relations
Press spacebar to pause and continue. Press esc to stop.