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

To: Jean-Robert Grenier who wrote (643)	8/19/1998 12:01:00 PM
From: Jean-Robert Grenier	Respond to of 1673

A new study was released, on August the 12, by Scotia Bank qualifying CGI as the TOP PICK for the year. Target price 40$ within a year. Au revoir Jean-Robert

To: Jean-Robert Grenier who wrote (643)	8/19/1998 1:30:00 PM
From: BM	Read Replies (2) \| Respond to of 1673

J-R, here's the government's announcement on the PC Docs deal which provides some additional perspective. The bottom line will depend on how many seats will actually be implemented over the years. But again, as in recent announcments re SAP etc., it does show the extent to which CGI is out there winning in competitive situations and in areas where where we didn't even know they had expertise. LOCAL HIGH-TECH COMPANY WINS GOVERNMENT OF CANADA CONTRACT OTTAWA, August 19 /CNW/ - As many as 200 jobs could be maintained with CGI Information Systems and Management Consultants Inc. as a result of a six-year competitive contract. The local high-tech company will provide federal departments and agencies with a suite of off-the-shelf computer software and services to support their document and records management functions. The initial contract is valued at $1.7 million, but could increase to $109 million depending on usage. The announcement was made today by Mac Harb, MP for Ottawa Centre, on behalf of the Honourable Alfonso Gagliano, Minister of Public Works and Government Services. ''This contract is an example of how Canadian expertise in computer software can make the Government of Canada's operations more efficient and ultimately more cost-effective,'' said Mr. Harb. ''I'm pleased as well that it will provide continuity of employment in the area.'' The software is an integrated Records, Document, Information Management System (RDIMS) and will assist departments in handling such tasks as work flow, document management, report writing, text retrieval, imaging, and records management. Over the course of the contract, which runs until mid-July 2004, it is estimated that the demand for the software could be as high as 100,000 users. Funding for this contract was provided for in the February 1998 federal budget and is therefore built into the existing fiscal framework. Ce texte est ‚galement disponible en fran‡ais -30- For further information: Randi Saunders Morry, (819) 956-2310; Line Chabot, Office of the Minister, (819) 997-5421. This news release is also available on our Internet site pwgsc.gc.ca