IPSCO Signs Three-Year IT Outsourcing Contract With CGI
October 13, 1999
Montreal, Quebec--
CGI announced the signing of an outsourcing contract with IPSCO,
whereby CGI will operate the Regina - based steel producer's
mainframe systems while also supporting its local area networks
and desktops. For CGI, the three-year agreement is expected to
generate total revenues of approximately CDN$15 million.
"We are pleased to have signed this agreement with CGI," said
Charles Backman, IPSCO's Senior Vice-President and Chief
Administration and Engineering Officer. "IPSCO was looking for a
solid IT partner, with the skills and desire to meet its needs
across the Canadian and U.S. markets. CGI fulfils our
requirements and has a culture of flexibility that blends well
with IPSCO's approach to business."
Jean Brassard, CGI's President and COO, added that: "CGI is
delighted to have IPSCO among its client base. IPSCO wanted to do
business with an IT services provider capable of handling its IT
needs including PCs, mini computers and mainframes. As companies,
we have a lot in common, including our strong focus on the U.S.
market."
About CGI
Based on its annualised revenue run-rate of CDN$1.5 billion, CGI
is the largest independent information technology consulting firm
in Canada and the fifth largest in North America. CGI's more than
10,000 professionals provide end-to-end IT services and business
solutions to some 2,500 clients in Canada, the United States and
23 countries around the world. CGI's shares are listed on the
New York Stock Exchange (GIB), as well as on the Toronto and
Montreal exchanges (GIB.A). Web site: www.cgi.ca.
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For more information:
CGI
Ronald White
Investor and Media Relations
(514) 841-3230
ronald.white@cgi.ca
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