SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year
PSFT 0.00010000.0%Oct 29 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Intel Trader who wrote (1670)7/29/1998 11:46:00 AM
From: Intel Trader  Read Replies (1) of 4509
 
July 29, 1998
CGI Signs Two Contracts With Loto-Quebec Worth $6.6
Million

NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS

MONTREAL, QUEBEC--CGI today announced that it has signed two
contracts worth a total of $6.6 million with Loto-Quebec. As part of the
first agreement, CGI will implement the Peoplesoft human resources and
pay solution at Loto-Quebec and its subsidiaries. This contract has a
total value of $5.4 million.

"CGI is the first information technology firm to sign an agreement for the
implementation of an integrated enterprise resource planning system
(ERP) with a public sector organization in Quebec," said Jean Brassard,
CGI's President and COO. "We are proud of this achievement."

As the project's main contractor, CGI has acquired equipment and the
Peoplesoft license, and will take responsibility for implementing the
client's solution. In addition, CGI will provide support and maintenance
services over a four-year period as well as operate the development
server.

The second contract, to be carried out for the Societe des casinos du
Quebec, has a value of $1.2 million. It involves developing a client/server
management system. CGI will also ensure the business solution's
evolution and update the systems over a one-year period, with an option
for an additional two-year term.

Loto-Quebec is a public sector organization, founded in 1969, which
operates, directly or through its subsidiaries, various lotteries, gambling
and gaming products. Its subsidiaries include the Societe des casinos du
Quebec, the Societe des loteries-video du Quebec, the Societe des
bingos du Quebec and Resto-Casino Inc.

CGI is the largest independent information technology consulting firm in
Canada and the sixth largest in North America. It provides end-to-end IT
services and business solutions to some 2,000 clients in Canada, the
United States and 20 countries around the world. CGI has more than
7,500 professionals, an annualized revenue-run rate of more than $1.1
billion and an order backlog totalling approximately $6 billion. CGI's
shares (GIB.A) are included in The Toronto Stock Exchange's TSE 300
Composite and TSE 200 indexes. Website address: www.cgi.ca.

FOR FURTHER INFORMATION PLEASE CONTACT:

CGI Ronald White Public Affairs (514) 841-3200
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext