For the month of June 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 June 20, 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.
Quebec City, Quebec, June 20, 2003 - CGI Group Inc. (CGI) (TSX: GIB.A; NYSE: GIB;) announced today that it has acquired the remaining 33% stake of Quebec city-based SoluConseil. When CGI completed the purchase of Cognicase earlier this year, Cognicase held a 67% equity holding in SoluConseil. The closing date of the transaction is today June 20, 2003.
Established in 1999, SoluConseil employs 55 professionals with a strong track record, based in Quebec City and Montreal. The company’s current revenue run-rate is CDN$6 million with a order backlog of CDN$4 million. They provide management consulting services specializing in areas such as electronic service delivery, business process design and enterprise architecture. Their clients are mostly within the Quebec government sector.
“We saw real benefits in quickly consolidating our teams and our skill sets. SoluConseil brings CGI high-caliber professionals and helps us grow our team as we continue to expand our presence and offerings in the area of management consulting and organizational transformation,” said Claude Marcoux, senior vice-president for Quebec City, CGI.
Denis Beauchesne, former president of SoluConseil added: “In joining CGI, we are able to offer our clients a broader array of services and expertise. Something we could not do on our own as effectively. Our seasoned professionals will benefit from synergies created within CGI as we collectively evolve the practice.”
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 20,000 professionals. CGI’s
annualized revenue run-rate is currently CDN$2.9 billion (US$1.9 billion) and at March 31,
2003, CGI’s order backlog was CDN$11.2 billion (US$7.2 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 TSX 100 Composite Index as well as the S&P/TSX Canadian
Information Technology and Canadian 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 (514) 841-3200 or (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: June 20, 2003 |
By /s/ Paule Doré Name: Paule Doré Title: Executive Vice-President and Chief Corporate Officer and Secretary |