CGI Announces Document Management Contracts Worth Over Cdn$8 Million.Business Editors MONTREAL--(BUSINESS WIRE)--Jan. 10, 2000 (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :GIB See NIST binary. .A.) (ME:GIB.A.) (NYSE NYSE See: New York Stock Exchange :GIB.A) On the first anniversary of the signing of the RDIMS RDIMS Records, Document and Information Management System (Canadian federal government) (Records, Document and Information Management System) contract with the federal government, CGI CGI in full Common Gateway Interface. Specification by which a Web server passes data between itself and an application program. Typically, a Web user will make a request of the Web server, which in turn passes the request to a CGI application program. announced it had signed agreements for the implementation of several thousand seats with a total value of over $8 million in licenses and services. The RDIMS contract provides federal government institutions with an integrated solution for their records and document management needs. The contract, initially awarded to CGI in 1998 by the Treasury Board, has a potential value of $109 million over a five-year term. Government departments and agencies that have called upon CGI for RDIMS implementations include: Transport Canada Transport Canada is the department within the government of Canada which is responsible for developing regulations, policies and services of transportation in Canada. History , Indian and Northern Affairs, the Department of National Defence and Fisheries and Oceans. Jean Brassard, CGI's President and COO said: "We are most pleased with the progress of RDIMS. We are proud of our Document Management Practice which is comprised of over 70 professionals and represents the largest such practice in Canada. One of the Federal Government's top priorities is electronic service delivery (ESD (1) (Electronic Software Distribution) Distributing new software and upgrades via the network rather than individual installations on each machine. See ESL. ). RDIMS will be key in supporting technology for federal ESD implementations, and, given our experience of the past year, we at CGI are ready to meet this challenge." The RDIMS initiative began in 1998. At that time, the Treasury Board was seeking to streamline the management and control of billions of government documents and images stored in thousands of computer systems. The RDIMS system helps create, access, share, track and store information, regardless of type in both client/server and Web-based environments. Documents may be electronic, such as word-processing files and e-mail, or non-electronic, such as paper, photographs, maps and artwork, among others. CGI's solution will help government departments enhance the operational efficiency of their document management processes. RDIMS includes the automated capability to capture, manage, and share documents both within work groups and among all government offices in Canada and around the world. This is the largest project of its kind in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . Under the terms of the contract, CGI must develop, implement and support versions of RDIMS to suit the varied information technology environments that exist within federal departments. CGI has made this the most successful Federal Government Shared Systems Initiative ever, based on the number of participating departments (15) and seats sold after the first year of this five-year contract. About CGI CGI is the largest independent information technology consulting Information technology consulting (IT consulting or business and technology services) is a field that focuses on advising businesses on how best to use information technology to meet their business objectives. firm in Canada and the fifth largest in North America, based on its revenue run rate of CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. $1.6 billion. Its order backlog totals approximately CDN$7.5 billion and the company currently has proposals outstanding for an additional CDN$4 billion in potential large contracts. CGI has 10,000 professionals and provides end-to-end IT services and business solutions to 2,500 clients in Canada, the United States and more than 23 countries around the world. CGI's shares are listed on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. (GIB), as well as on the Toronto exchange (GIB.A). They are included in the Toronto Stock Exchange's TSE 300 Composite and TSE 100 indexes. Web site: www.cgi.ca. All statements contained in this or any other press release of CGI Group Inc., or in any document filed by the Company with the U.S. Securities and Exchange Commission, or in any other written or oral communication by or on behalf of the Company, that do not directly and exclusively relate to historical facts, constitute "forward looking statements" within the meaning of the U.S. Private Securities Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Report Act of 1995. These statements represent the Company's expectations and beliefs, and no assurance can be given that the results described in such statements will be achieved. This press release may contain forward looking statements that involve a number of risks and uncertainties, including statements regarding the outlook for the company's business and results of operations. There are a number of factors that could cause actual results to differ materially from those indicated. Such factors include, without limitation, the various factors set forth in the Company's annual report or Form 40F filed with the SEC and its Annual Information Form filed with Canadian securities commissions, which important factors are included here by reference. |
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