For the month of November 2003
Commission File Number 1-14858
CGI Group Inc.
(Translation of
Registrants 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 registrants home country), or under the rules of the home country exchange on which the registrants 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 registrants 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 November 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.
PRESS RELEASE | FOR IMMEDIATE PUBLICATION |
Andover, Massachusetts, November 20, 2003 The Commerce Group, Inc. (NYSE: CGI), the largest writer of private passenger automobile insurance in Massachusetts, and CGI Group Inc. (CGI) (TSX: GIB.A; NYSE: GIB;), a leading provider of information technology and business processing services, announced today the signing of a six-year business process outsourcing (BPO) contract renewal valued at US$35 million. CGI will provide full policy processing services for Massachusetts private passenger and commercial automobile lines as well as providing CGIs CollaborativeEdge agency interface tool, application support and maintenance, regulatory support, systems consulting, and document management services.
Gerald Fels, Commerce Groups executive vice-president and CFO, stated: As the leading provider of private passenger automobile in Massachusetts, our goal is to provide our agents and employees with services that help them perform to their highest level. Over the years we have fostered a strong relationship with CGI. Their system is robust and accurate and their team is very familiar with our internal processing systems. That is important for us.
Serge LaPalme, president, insurance business services for CGI added: We are very pleased to be continuing our relationship with the Commerce Group, one that spans over 30 years. The Commerce Group continues to be one of our valued business partners and is strategic to our success. In helping our client further focus on their core business, we are taking advantage of new technologies when and where it makes sense. Our team knows the insurance industry and the States very unique regulatory environment intimately and as a result are quick to adapt existing solutions to this constantly evolving sector.
About The Commerce
Group, Inc.
The Commerce Group, Inc., an
insurance holding company, is headquartered in Webster, Massachusetts. Commerce
Groups property and casualty insurance subsidiaries include The Commerce Insurance
Company and Citation Insurance Company in Massachusetts, Commerce West Insurance Company
in California and American Commerce Insurance Company in Ohio. Through its
subsidiaries combined insurance activities, Commerce Group is ranked as the 22nd
largest personal automobile insurance group in the country by A.M. Best, based on 2002
direct written premium information.
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. CGIs
annualized revenue run-rate is CDN$2.8 billion (US$2.1 billion) and at September 30, 2003,
CGIs 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. CGIs 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 Managements Discussion and Analysis (MD&A) in CGI Group Inc.s Annual Report or Form 40-F filed with the SEC, the Companys 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:
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: November 20, 2003 |
By /s/ Paule Doré Name: Paule Doré Title: Executive Vice-President and Chief Corporate Officer and Secretary |