For the month of January 2004
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 14, 2004.
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 RELEASE |
Victoria, B.C. January 14, 2004 – CGI Group Inc. (CGI) (TSX: GIB.A; NYSE: GIB), a leading provider of end-to-end information technology (IT) and business process services, announced today the acquisition of certain assets of GDS & Associates Systems Ltd. (GDS) representing CDN$6 million in annual revenue. Through this acquisition, CGI obtains a presence in Victoria and an opportunity to extend relationships into government and other accounts. Also, CGI expands in Regina and Edmonton. Presently CGI’s Western Canada operations employ over 1,000 professionals.
As part of this acquisition, 61 senior-level professionals located in Victoria, Regina and Edmonton will join CGI. Founded in 1984, privately-held GDS has delivered systems integration and consulting services to clients primarily within the government sector. For CGI, government accounts currently represent over 13% of its revenue.
“We were at a stage in our development where we needed to grow to evolve and add more value. For over 20 years of building our business we have earned a solid reputation with our clients. In joining CGI we are now able to take our offering to the next level by providing more services and solutions,” said Willis Groshong, president and CEO of GDS.
Michael Roach, president and COO of CGI added: “We strongly believe that this is an opportune time for us to enter the BC market and this acquisition gives us a strong entry point. It also demonstrates our continuing commitment to expanding and growing our operations in Saskatchewan and Alberta. Through this acquisition we are building upon our ability to serve our government clients and expand into other verticals.”
About CGI
Founded
in 1976, CGI is the fifth largest independent information technology services firm in
North America, based on its headcount. CGI and its affiliated companies employ 20,000
professionals. CGI’s annualized revenue run-rate is CDN$2.8 billion (US$2.1 billion)
and at September 30, 2003, CGI’s order backlog was CDN$12.3 billion (US$ 9.1
billion). CGI provides end-to-end IT and business process services to 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 S&P/TSX Composite Index as well as the S&P/TSX Capped Information Technology and MidCap Indices. 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. 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.
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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 14, 2004 |
By /s/ Paule Doré Name: Paule Doré Title: Executive Vice-President and Chief Corporate Officer and Secretary |