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News Article | August 1, 2017
Site: www.prnewswire.com

About CGI Founded in 1976, CGI Group Inc. is the fifth largest independent information technology and business process services firm in the world. Approximately 70,000 professionals serve thousands of global clients from offices and delivery centers across the Americas, Europe and Asia Pacific, leveraging a comprehensive portfolio of services, including high-end business and IT consulting, systems integration, application development and maintenance and infrastructure management, as well as 150 IP-based services and solutions. With annual revenue in excess of C$10 billion and an order backlog exceeding C$20 billion, CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Website: www.cgi.com.


News Article | August 3, 2017
Site: www.prnewswire.com

"We are honored to have Mike on our Board," said Founder and Executive Chairman Serge Godin. "With three decades of experience as a leader in the financial services sector, he will bring valuable insight as we continue to pursue our strategic objectives and deliver value to our clients, professionals and shareholders." Mr. Pedersen serves as a director on several boards and is engaged in advisory work. In addition, he continues his longstanding involvement in environmental causes, community work, and the Personal Philanthropy Project, a multi-stakeholder initiative he co-founded to encourage greater charitable giving among Canadians. About CGI Founded in 1976, CGI Group Inc. is the fifth largest independent information technology and business process services firm in the world. Approximately 70,000 professionals serve thousands of global clients from offices and delivery centers across the Americas, Europe and Asia Pacific, leveraging a comprehensive portfolio of services, including high-end business and IT consulting, systems integration, application development and maintenance and infrastructure management, as well as 150 IP-based services and solutions. With annual revenue in excess of C$10 billion and an order backlog exceeding C$20 billion, CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Website: www.cgi.com.


News Article | July 18, 2017
Site: www.prnewswire.com

CGI will put decades of successful ERP deployment experience to work for the LACOE to help meet their goals for a modern, flexible system that allows more effective support of local educational agencies including school districts and community colleges throughout Los Angeles County. LACOE is the nation's largest regional education agency and provides programs and support for more than 135 educational agencies and 1.5 million K-12 students in the Los Angeles County area. LACOE operates the payroll for approximately 150,000 employees with more than 300,000 job assignments and supports over 80,000 monthly payments for approximately 1.1 million active vendors. "LACOE is revolutionizing the way they do business and selected CGI Advantage ERP as the best solution in the market to meet their goals. CGI brings deep expertise in built-for-public sector solutions to this project that will meet LACOE's need for flexibility and functionality with powerful new insights through improved data analytics," said Daniel Keene, Senior Vice-President of CGI's Advantage program. CGI's Advantage ERP solution was selected as part of LACOE's Business Enhancement System Transformation (BEST) project, an initiative designed to "procure, implement and support an integrated, modern, intuitive financial and human capital management system." Deployment of CGI Advantage ERP will help LACOE leaders meet BEST strategic goals, which include local educational agencies' access to online data and reports through a highly adaptable and scalable system that meets end-user needs. "We are proud to become part of a team that is dedicated to the important mission of effectively managing resources for schools, teachers and students in Los Angeles County," said Dave Delgado, Senior Vice-President and head of CGI's U.S. West operations. "We see this selection as validation of CGI's proven and innovative approach taken by state, local governments, and educational entities nationwide to modernize and unify complex legacy IT systems." About CGI Founded in 1976, CGI Group Inc. is the fifth largest independent information technology and business process services firm in the world. Approximately 70,000 professionals serve thousands of global clients from offices and delivery centers across the Americas, Europe and Asia Pacific, leveraging a comprehensive portfolio of services, including high-end business and IT consulting, systems integration, application development and maintenance and infrastructure management, as well as 150 IP-based services and solutions. With annual revenue in excess of C$10 billion and an order backlog exceeding C$20 billion, CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Website: www.cgi.com. Forward-Looking Statements All statements in this press release that do not directly and exclusively relate to historical facts constitute "forward-looking statements" within the meaning of that term in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended, and are "forward-looking information" within the meaning of Canadian securities laws. These statements and this information represent CGI's intentions, plans, expectations and beliefs, and are subject to risks, uncertainties and other factors, of which many are beyond the control of the Company. These factors could cause actual results to differ materially from such forward-looking statements or forward-looking information. These factors include but are not restricted to: the timing and size of new contracts; acquisitions and other corporate developments; the ability to attract and retain qualified members; market competition in the rapidly evolving IT industry; general economic and business conditions; foreign exchange and other risks identified in the press release, in CGI's annual and quarterly Management's Discussion and Analysis ("MD&A"), in CGI's Annual Report, in CGI's Annual Report on Form 40-F filed with the U.S. Securities and Exchange Commission (filed on EDGAR at www.sec.gov), and in the Company's Annual Information Form filed with the Canadian securities authorities (filed on SEDAR at www.sedar.com), as well as assumptions regarding the foregoing. The words "believe," "estimate," "expect," "intend," "anticipate," "foresee," "plan," and similar expressions and variations thereof, identify certain of such forward-looking statements or forward-looking information, which speak only as of the date on which they are made. In particular, statements relating to future performance are forward-looking statements and forward-looking information. CGI disclaims any intention or obligation to publicly update or revise any forward-looking statements or forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law. Readers are cautioned not to place undue reliance on these forward-looking statements or on this forward-looking information.


News Article | June 1, 2017
Site: www.prnewswire.com

Present in approximately 20 countries worldwide, SEB is a leading Nordic financial services group. In Sweden and the Baltic countries, SEB offers financial advice and a wide range of financial services. In Denmark, Finland, Norway and Germany, the bank's operations have a strong focus on corporate and investment banking based on a full-service offering to corporate and institutional clients. The CGI Trade360 solution is a global cloud-based transaction platform that supports financial institutions' transformation, delivering all of the software, infrastructure and support resources necessary to power their global trade business needs. The system includes a portal for end-to-end transaction management, supporting all aspects of the clients' workflow, including regulatory compliance. CGI Trade360 has a proven track record in the North American, Asia PAC and European markets, supporting some of the largest trade banks in the world. SEB is the first bank headquartered in Europe that will implement the solution. "The greatest advantage of CGI Trade360 is that it will provide our clients with a comprehensive workflow solution. It also gives us the potential to expand our trade finance offering," said Robert Pehrson, Head of Product Management at SEB Transaction Services. "We are excited to introduce CGI Trade360 to the European market. We work with 22 out of 30 top banks globally and are an industry leader in the global trade finance area. This experience, combined with regulatory compliance capabilities, paves the way for more banks to take advantage of our leading digital trade platform," said Pär Fors, Senior Vice-President and Business Unit Leader for CGI's operations in Sweden. About CGI Founded in 1976, CGI Group Inc. is the fifth largest independent information technology and business process services firm in the world. Approximately 70,000 professionals serve thousands of global clients from offices and delivery centers across the Americas, Europe and Asia Pacific, leveraging a comprehensive portfolio of services, including high-end business and IT consulting, systems integration, application development and maintenance, and infrastructure management, as well as 150 IP-based services and solutions. With annual revenue in excess of C$10 billion and an order backlog exceeding C$20 billion, CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Website: www.cgi.com.


News Article | August 2, 2017
Site: www.prnewswire.com

*Specific items in Q3-F2017: $1.8 million in integration-related costs net of tax. Note: All figures in Canadian dollars. Q3-F2017 MD&A, interim condensed consolidated financial statements and accompanying notes can be found at www.cgi.com/investors and have been filed with both SEDAR in Canada and EDGAR in the U.S. To access the financial statements – click here (PDF) MONTRÉAL, Aug. 2, 2017 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB) reported fiscal 2017 third quarter revenue of $2.8 billion, up 6.4% compared with last year as foreign exchange fluctuations favourably impacted revenue by $31.3 million. On a constant currency basis, revenue grew by 5.2% or $138.4 million. Adjusted EBIT was $399.1 million, up 2.2% compared with $390.5 million in Q3-F2016. Adjusted EBIT margin was 14.1%. Net earnings were $276.6 million in Q3-F2017 and earnings per diluted share were 92 cents. Net earnings excluding specific items, were $278.5 million representing 93 cents per diluted share, which compares to $273.8 million or 89 cents last year. Bookings amounted to $2.7 billion. On a trailing twelve month basis, total awards were $11.2 billion, or 103.8 % of revenue. At the end of June, the Company's backlog stood at $20.8 billion. "I am pleased with our team's performance in Q3 as we continue to capitalize on the rising global demand for our services and solutions," said George D. Schindler, President and Chief Executive Officer. Cash generated from operating activities was $290.6 million or 10.2% of revenue, compared with $351.7 million in the year ago period. Over the last twelve months, $1.4 billion or $4.60 in cash per diluted share was generated compared with $4.40 for the same period last year. At the end of June, the Company had over $1.8 billion in available cash and unused credit facilities. Net debt was $1.4 billion, representing a year-over-year reduction of $198.9 million. As a result, the net debt to capitalization ratio improved to 17.2% from 20.5%. Strategic initiative to accelerate profitable growth "For CGI to continue benefitting from the growth opportunities related to the permanent shift to digital across all industries, we are advancing strategic investments in proximity based talent alignment, automation, and cloud-based delivery models," commented George D. Schindler, President and Chief Executive Officer. "We expect these investments to yield benefits throughout fiscal 2018." The Company will incur a $165.0 million pre-tax expense over the next year to compress the timeline of implementing certain elements of its profitable growth strategy. Q3-F2017 results conference call Management will host a conference call this morning at 9:00 a.m. Eastern Daylight Time to discuss results. Participants may access the call by dialing 1-800-377-0758 or via cgi.com/investors. For those unable to participate on the live call, a podcast and copy of the slides will be archived for download at cgi.com/investors. About CGI Founded in 1976, CGI Group Inc. is the fifth largest independent information technology and business process services firm in the world. Approximately 70,000 professionals serve thousands of global clients from offices and delivery centers across the Americas, Europe and Asia Pacific, leveraging a comprehensive portfolio of services, including high-end business and IT consulting, systems integration, application development and maintenance and infrastructure management, as well as 150 IP-based services and solutions. With annual revenue in excess of C$10 billion and an order backlog exceeding C$20 billion, CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Website: www.cgi.com. Non-GAAP financial metrics used in this release: Constant currency growth, adjusted EBIT, net debt, net debt to capitalization ratio, bookings, book-to-bill ratio, backlog, DSO, ROIC, ROE and net earnings and diluted EPS excluding specific items. CGI reports its financial results in accordance with IFRS. However, management believes that these non-GAAP measures provide useful information to investors regarding the Company's financial condition and results of operations as they provide additional measures of its performance. Additional details for these non-GAAP measures can be found on page 2 and 3 of our MD&A which is posted on CGI's website, and filed with SEDAR and EDGAR. Forward-Looking Statements All statements in this press release that do not directly and exclusively relate to historical facts constitute "forward-looking statements" within the meaning of Section 27A of the United States Securities Act of 1933 and Section 21E of the United States Securities Exchange Act of 1934, as amended, and are "forward-looking information" within the meaning of Canadian securities laws. These statements and this information represent CGI's intentions, plans, expectations and beliefs, and are subject to risks, uncertainties and other factors, of which many are beyond the control of the Company. These factors could cause actual results to differ materially from such forward-looking statements or forward-looking information. These factors include but are not restricted to: the timing and size of new contracts; acquisitions and other corporate developments; the ability to attract and retain qualified employees; market competition in the rapidly evolving information technology industry; general economic and business conditions; foreign exchange and other risks identified or incorporated by reference in this press release, in CGI's annual and/or quarterly Management's Discussion and Analysis and in other public disclosure documents filed with the Canadian securities regulatory authorities (on SEDAR at www.sedar.com) and the U.S. Securities and Exchange Commission (on EDGAR at www.sec.gov), as well as assumptions regarding the foregoing. The words "believe", "estimate", "expect", "intend", "anticipate", "foresee", "plan", and similar expressions and variations thereof, identify certain of such forward-looking statements or forward-looking information, which speak only as of the date on which they are made. In particular, statements relating to future performance are forward-looking statements and forward-looking information. CGI disclaims any intention or obligation to publicly update or revise any forward-looking statements or forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law. Readers are cautioned not to place undue reliance on these forward-looking statements or on this forward-looking information.


CGI's new center of excellence will focus on helping clients address these challenges through the following: "We're very proud of this new center and the supply chain innovation it will drive on behalf of our clients," said Jean-Michel Baticle, President of CGI's operations in France. "The region Auvergne Rhône-Alpes is a true pillar of French industry and innovation and has been a central location for CGI's operations over the past 30 years. Today, we have 1,400 professionals in the region and a total of more than 10,000 professionals in 22 locations across France. Our new center will serve as a hub for collaboration, innovation and project development." CGI's new COE in Lyon is part of an extensive global network of COEs that cover key markets and technologies. Through each COE, CGI works closely with an eco-system of clients, global operations and partners to develop leading-edge business solutions and services that drive our clients' digitalization, performance, results and growth. To learn more about CGI's manufacturing offering visit cgi.com/manufacturing. About CGI Founded in 1976, CGI Group Inc. is the fifth largest independent information technology and business process services firm in the world. Approximately 70,000 professionals serve thousands of global clients from offices and delivery centers across the Americas, Europe and Asia Pacific, leveraging a comprehensive portfolio of services including high-end business and IT consulting, systems integration, application development and maintenance, infrastructure management as well as 150 IP-based services and solutions. With annual revenue in excess of C$10 billion and an order backlog exceeding C$20 billion, CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Website: www.cgi.com.


News Article | July 26, 2017
Site: www.prnewswire.com

About CGI Founded in 1976, CGI Group Inc. is the fifth largest independent information technology and business process services firm in the world. Approximately 70,000 professionals serve thousands of global clients from offices and delivery centers across the Americas, Europe and Asia Pacific, leveraging a comprehensive portfolio of services, including high-end business and IT consulting, systems integration, application development and maintenance and infrastructure management, as well as 150 IP-based services and solutions. With annual revenue in excess of C$10 billion and an order backlog exceeding C$20 billion, CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Website: www.cgi.com.


Under a master agreement administered by the State of Utah, states in the NASPO ValuePoint cooperative can procure CGI software as a service (SaaS). CGI Advantage360, the company's SaaS deployment offering of its market leading enterprise resource planning (ERP) solution specifically built for U.S. state and local government, is available under the ValuePoint agreement. "The contracts cover a full range of cloud solutions that help public entities quickly access the benefits of reliable and secure cloud services for use to serve citizens," said Douglas Richins, NASPO ValuePoint's Chief Executive Officer. "The success of this ground-breaking procurement is in large measure due to the excellent leadership by the State of Utah, the dedication of a very talented group of state procurement and IT professionals on the sourcing team, and collaboration with state CIOs." The NASPO ValuePoint multi-state cloud acquisition offers an unparalleled range of choices to help state and local governments improve IT service delivery through reliable and secure cloud-based solutions. With CGI Advantage ERP, hundreds of states, counties, cities and school districts of various sizes have already improved operational efficiency, service quality and transparency. CGI Advantage360 encompasses software, support, services and hosting delivered in a SaaS-based cloud offering, supplemented by value-added business process services to specifically address the needs of mid-sized local governments. This results-based offering balances the need for price, flexibility and functionality in a solution that grows and evolves over time. "We are proud to be one of the partners selected for this innovative procurement vehicle that will help governments access the most innovative technology and IT services available today," said Daniel Keene, Senior Vice-President of CGI's Advantage program. "This selection builds upon CGI's reputation as a valued provider of cloud, IT infrastructure and ERP solutions and services to state and local governments nationwide." About NASPO ValuePoint The NASPO ValuePoint Cooperative Purchasing Organization (formerly WSCA-NASPO) provides the highest standard of excellence in public cooperative contracting. By leveraging the leadership and expertise of all states with the purchasing power of their public entities, NASPO ValuePoint delivers the best value, most reliable, competitively-sourced contracts. Since 1993 NASPO ValuePoint or its predecessor has been the cooperative purchasing arm of NASPO (the National Association of State Procurement Officials) encouraging, fostering, and guiding the nation's most significant public contract cooperative. NASPO ValuePoint is a unified, nationally-focused cooperative aggregating the demand of all 50 states, the District of Columbia, and the organized United States territories, their political subdivisions, and other eligible entities, spurring the best value, innovation, and competition in the marketplace. About CGI Founded in 1976, CGI Group Inc. is the fifth largest independent information technology and business process services firm in the world. Approximately 70,000 professionals serve thousands of global clients from offices and delivery centers across the Americas, Europe and Asia Pacific, leveraging a comprehensive portfolio of services, including high-end business and IT consulting, systems integration, application development and maintenance and infrastructure management, as well as 150 IP-based services and solutions. With annual revenue in excess of C$10 billion and an order backlog exceeding C$20 billion, CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Website: www.cgi.com.


The presentation is scheduled for 10:25 a.m. (EDT), and will be available via live audio webcast on CGI's website at www.cgi.com. A replay of the webcast will be archived on CGI's website in the Investors section under Earnings and Conferences. About CGI Founded in 1976, CGI Group Inc. is the fifth largest independent information technology and business process services firm in the world. Approximately 70,000 professionals serve thousands of global clients from offices and delivery centers across the Americas, Europe and Asia Pacific, leveraging a comprehensive portfolio of services, including high-end business and IT consulting, systems integration, application development and maintenance and infrastructure management, as well as 150 IP-based services and solutions. With annual revenue in excess of C$10 billion and an order backlog exceeding C$20 billion, CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Website: www.cgi.com.


"We need a partner that can learn our business and provide opportunities for efficiency or innovation. CGI has proven to be a trusted partner for us as we continue to use technology to improve the lives of residents, businesses and visitors across the City of Los Angeles," said City of Los Angeles CIO Ted Ross.  The City's award follows other CGI Advantage ERP on-premises clients that have elected to transition to CGI's cloud and managed services to improve the stability of mission-critical business operations. The approach provides additional recovery and business continuity capabilities and provides the opportunity to shift the focus of the City's professionals from IT back-end operations to more strategic initiatives. CGI's cloud platform expedites the provisioning and scaling of infrastructure and applications. This approach reduces total cost of ownership by eliminating the need to purchase and maintain costly hardware and software. Through Managed Advantage, the City ensures its access to future upgrades and secures the availability of highly specialized IT talent while realizing operational savings. Government departments that use the system will see improved service and a more stable business IT platform. The cloud-based system will also strengthen and simplify the digital experience of members of the business community that conduct business with the City. "Managed Advantage offers unmatched flexibility for reducing costs and mitigating risk for clients," said Daniel Keene, Senior Vice-President of CGI's Advantage ERP program. "We look forward to continuing our trusted partnership with the City of Los Angeles and are committed to putting our transformative cloud solution to work protecting these critical government functions." CGI helps clients reach their digital transformation needs by creating a clear roadmap for organizations to clearly focus on value and enable them to increase efficiency throughout the enterprise. "We are proud to provide a service that is a critical part of the City's digital transformation initiative which is providing more effective engagement with its citizens and other stakeholders," said Dave Delgado, Senior Vice-President, U.S. West operations for CGI. About CGI Founded in 1976, CGI Group Inc. is the fifth largest independent information technology and business process services firm in the world. Approximately 70,000 professionals serve thousands of global clients from offices and delivery centers across the Americas, Europe and Asia Pacific, leveraging a comprehensive portfolio of services, including high-end business and IT consulting, systems integration, application development and maintenance and infrastructure management, as well as 150 IP-based services and solutions. With annual revenue in excess of C$10 billion and an order backlog exceeding C$20 billion, CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Website: www.cgi.com. Forward-Looking Statements All statements in this press release that do not directly and exclusively relate to historical facts constitute "forward-looking statements" within the meaning of that term in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended, and are "forward-looking information" within the meaning of Canadian securities laws. These statements and this information represent CGI's intentions, plans, expectations and beliefs, and are subject to risks, uncertainties and other factors, of which many are beyond the control of the Company. These factors could cause actual results to differ materially from such forward-looking statements or forward-looking information. These factors include but are not restricted to: the timing and size of new contracts; acquisitions and other corporate developments; the ability to attract and retain qualified members; market competition in the rapidly evolving IT industry; general economic and business conditions; foreign exchange and other risks identified in the press release, in CGI's annual and quarterly Management's Discussion and Analysis ("MD&A"), in CGI's Annual Report, in CGI's Annual Report on Form 40-F filed with the U.S. Securities and Exchange Commission (filed on EDGAR at www.sec.gov), and in the Company's Annual Information Form filed with the Canadian securities authorities (filed on SEDAR at www.sedar.com), as well as assumptions regarding the foregoing. The words "believe," "estimate," "expect," "intend," "anticipate," "foresee," "plan," and similar expressions and variations thereof, identify certain of such forward-looking statements or forward-looking information, which speak only as of the date on which they are made. In particular, statements relating to future performance are forward-looking statements and forward-looking information. CGI disclaims any intention or obligation to publicly update or revise any forward-looking statements or forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law. Readers are cautioned not to place undue reliance on these forward-looking statements or on this forward-looking information.

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