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www.cgi.com/newsroom
MONTREAL
,
Oct. 30
/CNW Telbec/ - CGI Group Inc. (TSX: GIB.A; NYSE: GIB), a leading provider of information technology and business process services, today announced that its Board of Directors will recommend to its shareholders the appointment of Ernst & Young to serve as the Company's auditor for the fiscal year started
October 1, 2009
. This recommendation follows a comprehensive selection process overseen by the Company's Audit and Risk Management Committee. If the recommendation is accepted, Ernst & Young will replace the Company's current auditor, Deloitte & Touche LLP. Deloitte will complete its mandate for the delivery of the audited opinion on the financial statements for the fiscal year ended
September 30, 2009
.
"CGI has always been satisfied with the quality of the service provided by Deloitte," said
David Anderson
, Executive Vice-President and Chief Financial Officer, CGI. "We have made the decision to recommend the appointment of a new auditor subsequent to Deloitte's acquisition of a competitor's US federal government business. Our business units, which provide a wide range of IT services to federal government agencies, state and local governments and to commercial enterprises, are now competing directly with Deloitte."
About Ernst & Young
Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, its 135,000 people are united by their shared values and an unwavering commitment to quality. For more information, please visit ey.com/ca
About CGI
Founded in 1976, CGI is one of the largest independent information technology and business process services firms in the world. CGI and its affiliated companies employ approximately 26,000 professionals in over 100 offices across 16 countries. CGI provides end-to-end IT and business process services to clients worldwide from offices in
Canada
, the
United States
of America,
Europe
, Asia Pacific as well as from centers of excellence in
North America
,
Europe
and
India
. CGI's annualized revenue run rate is currently
$3.8 billion
and as at
June 30, 2009
, its order backlog was
$11.8 billion
. CGI's 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.
For further information: Lorne Gorber, Vice-President, Global Communications and Investor Relations, (514) 841-3355, [email protected]
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