For the month of January 2003
Commission File Number 1-14858
CGI Group Inc.
(Translation of
Registrant’s Name Into English)
1130 Sherbrooke Street West
5th Floor
Montréal, Québec
Canada H3A 2M8
(Address of Principal Executive Offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F Form 40-F |X|
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ____
Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ____
Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.
Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes No |X|
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-___.
Enclosure: Press Release dated January 30, 2003.
This Form 6-K shall be deemed incorporated by reference in the Registrant's Registration Statement on Form S-8, Reg. Nos. 333-13350, 333-66044 and 333-74932.
PRESS RELEASE |
FOR IMMEDIATE PUBLICATION |
Halifax, Nova Scotia, January 30, 2003 – CGI Group Inc. (CGI) (TSX: GIB.A; NYSE: GIB) announced today that it has completed the acquisition of Halifax-based Cornerstone Project Management Group Inc. (Cornerstone) with revenues of CDN$2.8 million.
Established in 1998, Cornerstone’s 25 professionals provide project management and consulting services to organizations in the government, healthcare and financial services sectors including Atlantic Blue Cross Care, Maritime Life, Brainworks International and the Province of Nova Scotia. Cornerstone is recognized for its expertise in project management, and for its leadership in the Project Management Institute.
Michael Roach, president and chief operating officer for CGI said: “Cornerstone has built its quality reputation with its strong, highly skilled team, all of whom have an average of 17 years experience and are very respected in the region. With this acquisition, we continue to demonstrate our commitment to growing our presence in Atlantic Canada as well as providing our clients with best-of-breed project management professionals. We welcome our new team members and look forward to expanding our Halifax operations.”
CGI employs over 200 professionals in Atlantic Canada most of whom are dedicated to clients in the financial services and government sectors. In Atlantic Canada, CGI has created a niche with its single-window-access solution (government-on-line), component based development and credit union services. CGI has offices in Halifax, Saint John and Fredericton.
About CGI
Founded in 1976, CGI is the fourth
largest independent information technology services firm in North America, based on its
headcount. CGI and its affiliated companies employ more than 21,000 professionals.
CGI’s annualized revenue run-rate is CDN$3 billion (US$2 billion) and at December 31,
2002, CGI’s order backlog was CDN$10.7 billion (US$7.1 billion). CGI provides
end-to-end IT and business process services to more than 3,500 clients worldwide from
offices in Canada, United States and Europe. CGI’s shares are listed on the TSX
(GIB.A) and the NYSE (GIB) and are included in the TSX 100 Composite Index as well as the
S&P/TSX Canadian Information Technology and Canadian MidCap Indices. Website:
www.cgi.com.
Forward-Looking StatementsAll 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. These statements represent CGI Group Inc.‘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.
These factors include and are not restricted to the timing and size of 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 in the Management’s Discussion and Analysis (MD&A) in CGI Group Inc.‘s Annual Report or Form 40-F filed with the SEC, the Company’s Annual Information Form filed with the Canadian securities authorities, 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, which speak only as of the date on which they are made. In particular, statements relating to future revenue from outsourcing contracts are forward-looking statements. CGI disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Readers are cautioned not to place undue reliance on these forward-looking statements.
-30-
For more information
CGI:
Investor relations
Julie Creed
Vice-president, investor relations
(312) 201-4803
Ronald White
Director, investor relations
(514) 841-3230
Media Relations
Eileen Murphy
Director, media relations
(514) 841-3430
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| CGI GROUP INC. (Registrant) | |
| Date: January 30, 2003 |
By /s/ Paule Doré Name: Paule Doré Title: Executive Vice-President and Chief Corporate Officer and Secretary |