Shares of CGI Group Inc have soared 30 per cent in the past five trading sessions on
      rumours that the Montreal-based computer services company is on the verge of
      buying a U.S.based company.

      CGI spokesman Ronald White said he does not have specific information about an
      imminent acquisition. But he acknowledged that CGI chairman and chief executive
      officer Serge Godin told shareholders at the company's annual meeting this week
      that CGI is shopping for a new business, which will most likely be in the United
      States.

      Mr. Godin has also said that he would like the company to expand its presence in
      providing information technology services to the insurance industry. Last year CGI
      bought ISI Systems Inc. of Andover, Mass which provides information technology
      services to the property and casualty insurance industry.

      Now CGI is on the lookout for entree into the life insurance side the business, Mr.
      White said, adding that the company receives about 12 per cent of its revenue in the
      United States.