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Gold/Mining/Energy : CGI Group (GIB.A) - -- Ignore unavailable to you. Want to Upgrade?

To: Sal Pugliese who wrote (1532)	1/10/2000 12:52:00 PM
From: Sili Investor	Respond to of 1673

More contracts. Here's the news: CGI signs document management contracts CGI Group Inc GIB.A Shares issued 143,154,614 Jan 7 close $31.25 Mon 10 Jan 2000 News Release Mr. Jean Brassard reports On the first anniversary of the signing of the records, document and information management system contract with the federal government, CGI signed agreements for the implementation of several thousand seats with a total value of over $8-million in licences 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 five years. Government departments and agencies that have called upon CGI for RDIMS implementations include: Transport Canada, Indian and Northern Affairs, the Department of National Defence and Fisheries and Oceans. Jean Brassard, CGI's president and chief operating officer 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). 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. Under 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 and seats sold after the first year of this five-year contract. CGI has a revenue run rate of $1.6-billion. Its order backlog totals approximately $7.5-billion and the company currently has proposals outstanding for an additional $4-billion in potential large contracts. CGI has 10,000 professionals and provides end-to-end information technology 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 (GIB), as well as on the Toronto exchange (GIB.A). WARNING: The company relies on litigation protection for "forward-looking" statements. (c) Copyright 2000 Canjex Publishing Ltd. canada-stockwatch.com