SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of May 2002.
CGI Group Inc.
(Translation of Registrant's Name Into English)
1130 Sherbrooke Street West
5th Floor
Montreal, Quebec
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 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 May 7, 2002.
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
League Data signs Memorandum of Understanding for a 10-year
outsourcing services agreement with CGI worth
CDN$80 million
o CGI extends credit union activity in Atlantic Canada
Halifax, Nova Scotia, May 7, 2002 - Halifax-based, credit union
leader, League Data and CGI Group Inc. (TSX: GIB.A; NYSE: GIB) (CGI)
today announced the signing of a Memorandum of Understanding for a
10-year outsourcing services agreement valued at CDN$80 million
subject to League Data shareholder approval due by the end of June.
CGI will manage League Data's current banking environment as well as
build a new browser-based front-end solution. To do so, CGI will
acquire intellectual property for the solution from League Data.
Together, the firms will bring to the Atlantic credit unions
emerging technologies and solutions such as loan origination,
customer relationship management and Internet banking.
As part of the Agreement, 50 League Data employees located in
Halifax will join CGI's operations in Atlantic Canada, as part of
the CGI North American business unit serving credit unions. CGI
provides services to over 2,300 credit unions making it one of the
largest providers of consulting, integration and operational
services to the industry across North America.
"Our goal is to find the best IT service delivery channel for our
320,000 end users while at the same time reduce our IT delivery
costs. To do that, we have to provide quality solutions in a faster
timeframe. We sought a strategic IT partner, who had the industry
knowledge, focus and ability to build the infrastructure for our
banking solution. That is how CGI came into the picture," said Steve
Mills, senior vice-president & chief operating officer of League
Data.
Michael Roach, president and chief operating officer, of CGI added:
"We are very proud to be chosen by League Data as their strategic IT
partner. This partnership further strengthens our leadership
position in the credit union vertical while renewing our commitment
to Atlantic Canada. Also, we are pleased to welcome our 50 new
members to our Atlantic operations where we employ 130
professionals."
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About League Data
League Data was incorporated in 1975 and currently provides
information technology services to 70 credit unions at 145 locations
throughout Atlantic Canada on the system represented by 320,000
members with over one million deposits and loan accounts. In
addition to League Data's multifaceted financial banking system, it
offers a broad spectrum of services and applications such as
telephone banking, a loan origination package, adhoc reporting
system and automated teller machines.
About CGI
Founded in 1976, CGI is the fourth largest independent information
technology services firm in North America, based on its headcount of
13,700 professionals. CGI's annualized revenue run-rate totals
CDN$2.1 billion (US$1.3 billion). CGI's order backlog currently
totals CDN$10.7 billion (US$6.7 billion). CGI provides end-to-end IT
services and business solutions to more than 3,000 clients worldwide
from more than 60 offices. CGI's shares are listed on the TSX
(GIB.A) and the NYSE (GIB). They 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.ca.
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 the Private Securities Litigation
Reform Act of 1995. 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 commissions, on the Registration Statement on Form F-4
filed with the SEC in connection with the acquisition of IMRglobal
and with the Forms 10-K and 10-Q of IMRglobal filed with the SEC for
the periods ended December 31, 2000 and March 31, 2001 respectively.
All of the risk factors included in these filed documents are
included here by reference. CGI disclaims any intention or
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise.
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For more information:
League Data:
Steve Mills
Senior vice-president & chief operating officer
(902) 454-3113
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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: May 7, 2002 By /s/ Paule Dore
Name: Paule Dore
Title: Executive Vice President
and Chief Corporate Officer
and Secretary