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CGI Selected by Societe Generale Corporate & Investment Banking as a Preferred Global IT Partner


News provided by

CGI GROUP INC.

Jan 18, 2011, 08:45 ET

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Stock Market Symbols
GIB.A (TSX)
GIB (NYSE)
www.cgi.com/newsroom

MONTREAL, Jan. 18 /PRNewswire/ - CGI Group Inc. (TSX: GIB.A; NYSE: GIB), a leading provider of information technology (IT) and business process services, announced today that it has signed a three-year agreement with Societe Generale Corporate & Investment Banking (SG CIB) as a preferred global vendor for IT application services. Under this new agreement, CGI will provide application development and support services using its global delivery centres to SG CIB locations in Paris, London, New York, Singapore and Hong Kong.  

"We are looking forward to further developing our partnership," said Ian Buchanan, SG CIB's Global Chief Information Officer. "We chose CGI because of its proven record in delivering quality services and its experience with applications outsourcing and global delivery methodologies needed to streamline and enhance our IT environments while reducing our costs."  

"We are very pleased to become a global partner with Societe Generale Corporate & Investment Banking," said CGI's Donna Morea, President, U.S., Europe and Asia, CGI. "Working with SG CIB allows us to to expand our presence in Europe and in Asia, while utilizing our global delivery capabilities including our unique nearshore bilingual centers in Canada. Together, we can drive its continued growth around the world."  

About CGI
Founded in 1976, CGI Group Inc. is one of the largest independent information technology and business process services firms in the world. CGI and its affiliated companies employ approximately 31,000 professionals. CGI provides end-to-end IT and business process services to clients worldwide from offices and centers of excellence in Canada, the United States, Europe and Asia Pacific. As at September 30, 2010, CGI's revenue was C$3.7 billion and its order backlog was C$13.3 billion. CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB) and are included in both, the Dow Jones Sustainability Index and the FTSE4Good Index. Website: www.cgi.com.

Societe Generale Corporate & Investment Banking
At the core of Societe Generale's universal banking business model, the Corporate & Investment Bank is a welldiversified and leading player with nearly 11,000 professionals present in 33 countries across Europe, the Americas and Asia-Pacific. Standing by its clients across sectors, the Corporate & Investment Bank tailors solutions for them by capitalising on its worldwide expertise in investment banking, global finance, and global markets.

- For Corporates, Financial Institutions and public sector: providing a global advisory approach (M&A, debt, equity transaction, capital structure, and asset & liability management), as well as quality capital raising solutions across the debt and equity spectrum, optimised financing and expert risk management responses notably in the realm of foreign exchange and rates derivatives.
- For investors: offering reliable and sound investment opportunities and risk management solutions through its integrated global markets platform delivering seamless access to markets (equity, rates, credit, currencies, commodities and derivatives), as well as advice and solid financial engineering, quality of execution and forward-looking research across asset classes. Website: www.sgcib.com.

SOURCE CGI GROUP INC.

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