CGI Announces Contract Renewal With AIG's American Home
Assurance Company In The U.S. Market
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MONTREAL, QUEBEC--CGI today announced that American Home Assurance
Company, a member company of American International Group Inc.,
(AIG), has renewed for three years a contract for applications
support and maintenance for certain of its policy processing operations.
Jean Brassard, CGI's President and COO, added that: "We are
pleased that American Home has once again selected us to provide
policy processing for commercial insurance lines nationwide across
the U.S. We believe that CGI's expertise and high level of service
will prove useful as American Home continues to enhance customer
relationships with its network of agents and brokers."
CGI is the largest independent information technology consulting
firm in Canada and the sixth largest in North America, based on
its revenue run rate of $1.3 billion. The company's order backlog
totals approximately $6.7 billion. CGI has 8,000 professionals and
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's shares are listed on the New York Stock Exchange
(GIB), as well as on the Toronto and Montreal exchanges (GIB.A).
They are included in the Toronto Stock Exchange's TSE 300
Composite and TSE 200 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 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 beachieved.
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. |
