CGI Awarded 7 Year Outsourcing Agreement with The Beer Store
Stock Market Symbols GIB.A (TSX) GIB (NYSE) www.cgi.com/newsroom
TORONTO, July 7 /PRNewswire-FirstCall/ - CGI Group Inc. (TSX: GIB.A; NYSE: GIB), a leading provider of information technology and business process services, announced today that it has entered into a 7 year, multi-million dollar IT outsourcing contract with The Beer Store (TBS), the primary distribution and sales channel for beer in Ontario, headquartered in Mississauga, Ontario.
This new agreement establishes CGI as the infrastructure IT supplier for The Beer Store, and also encompasses infrastructure services for Brewers Distributor Ltd. (BDL), a wholesale distributor of beer and the collector of returnable, refillable and recyclable beer containers within the four Western Canadian Provinces, as well as Northwest Territories and the Yukon.
"We are pleased to have CGI as our partner and provider for both TBS and BDL, helping us execute on our strategies," said Ted Moroz, President, TBS and BDL. "We are confident that CGI's intimate understanding of our business will assist us to make the best technology choices."
Globally, and here in Canada, CGI has a long history of working with leading retailers and distribution companies like the Beer Store and Brewers Distributor Ltd, and has invested the time and resources to support the scale and scope of this contract.
"CGI has established itself as the IT and business process services provider with the best ability to help us reach our IT goals" said John Melodysta, CIO, TBS and BDL.
"CGI is deeply committed to establishing and maintaining our long-term client partnerships," added Doug McCuaig, President, Canada, CGI. "Going forward, we plan to leverage our comprehensive portfolio of services to further assist TBS and BDL."
CGI helps wholesale and distribution companies build, implement and manage the complex business and IT strategies critical to succeeding in today's marketplace. CGI's comprehensive professional services transform operations in areas such as enterprise resource planning, supply chain management, transportation and logistics, and order management. From individual projects that deliver specific transformation to full transformative outsourcing services in areas such as technology and applications hosting and call center support, CGI's distribution and retail expertise and flexible global delivery model allow clients to adapt, win and grow.
About The Beer Store and Brewers Distributor Ltd.
Established in 1927, The Beer Store (TBS) is the primary distribution and sales channel for beer in Ontario, selling 85 per cent of the beer in the province, and are open to any brewer in the world with common rules and fees based on volumes sold. TBS is Ontario's primary beer retailer operating 438 stores, each selling an impressive range of imported and domestic beer products. TBS is also a significant beer distributor; supplying imported and domestic beer to over 16,000 bars and restaurants throughout Ontario and delivering domestic beer to 604 Liquor Control Board of Ontario (LCBO) stores; 141 Retail Partner stores and 75 LCBO agency stores. Ontario's retail beer network also includes 39 on-site brewery stores located at the sites of Ontario breweries. In total there were 1,297 outlets where consumers could purchase beer in Ontario in 2008. BDL is responsible for the wholesale distribution of beer and the collection of returnable, refillable and recyclable beer containers within the four Western Canadian Provinces, as well as Northwest Territories and the Yukon.
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 and its affiliated companies employ approximately 26,000 professionals. CGI provides end-to-end IT and business process services to clients worldwide from offices in the United States, Canada, Europe and Asia Pacific as well as from centers of excellence in North America, Europe and India. As of March 31, 2010, CGI's order backlog was $11.4 billion. CGI shares are listed on the NYSE (GIB) and the TSX (GIB.A) and are included in both, the Dow Jones Sustainability World 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.
SOURCE CGI GROUP INC.
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