Award enables government agencies to easily access cloud-based IaaS through Apps.gov
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FAIRFAX, VA, Oct. 21 /PRNewswire/ - CGI Federal Inc. (CGI), a wholly-owned U.S. operating subsidiary of CGI Group Inc. (NYSE: GIB; TSX: GIB.A) has been selected as one of the 11 companies awarded a five-year, government-wide Blanket Purchase Agreement (BPA) for Infrastructure as a Service (IaaS) by the U.S. General Services Administration (GSA). The BPA is valued at US$76 million.
The IaaS contract continues GSA's leadership in providing innovative solutions for government agencies and marks a significant step forward in advancing its efforts to streamline information technology (IT) management and reduce expenses. Cloud computing promotes IT efficiency and agility by allowing users to consume only what they need; to grow or shrink their use as their needs change; and to only pay for what they actually use. The cloud-based IaaS offerings will be available through GSA's Apps.gov storefront site. Under the contract, CGI offers government agencies virtual machines and Web hosting services in a cloud environment.
"It is no longer a question of whether a federal agency will use cloud computing, it is a question of how they can maximize its promise and integrate it into their current environment," said George Schindler, President, CGI Federal. "CGI's cloud offering frees up clients to focus on their core business while giving them the power to design, provision, and scale their infrastructure in a secure, robust yet flexible environment . Importantly, our ability to provide this cloud offering is rooted in a 35-year heritage of understanding government mission requirements and providing infrastructure outsourcing and managed services."
"GSA is a leader in implementing cloud computing solutions and we are proud to be part of this new, innovative GSA IT program," said Lynne Bushey, Vice President, CGI. "With Federal CIO Vivek Kundra recently noting that government spends $19 billion annually on infrastructure maintenance, we are proud to be one of the first to market with a robust offering to government clients that provides flexible pricing and contract terms while delivering fast provisioning of service and enhanced time to market."
About CGI Federal Inc. CGI Federal Inc. is a wholly-owned U.S. operating subsidiary of CGI Group Inc., dedicated to partnering with federal agencies to provide solutions for defense and civilian missions. 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 the United States, Canada, Europe and Asia Pacific. CGI's order backlog is approximately C$13.6 billion and its annualized revenue is approximately C$4.5 billion. CGI shares are listed on the NYSE (GIB) and the TSX (GIB.A) and are included in both, the Dow Jones Sustainability Index and the FTSE4Good Index. Website: href="http://www.cgi.com/" text-decoration="underline">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 Report on Form 40-F filed with the U.S. Securities and Exchange Commission (filed on EDGAR at www.sec.gov), 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. You will find more information about the risks that could cause our actual results to differ significantly from our current expectations in the Risks and Uncertainties section.
SOURCE CGI GROUP INC.