Desjardins Selects IBM Canada for its Centralized IT Infrastructure
Operations and Hosting

LÉVIS, QC, May 5 /CNW Telbec/ - Following its reorganization, which led to a complete review of its IT services needs, Desjardins Group, the leading cooperative financial group in Canada, announced today that it has selected IBM Canada for its centralized IT infrastructure operations and hosting.

The selection of IBM Canada brings to a close the targeted call for proposals that was opened in December 2009. Over the next few weeks, the two parties will settle upon the terms and conditions of a service agreement and shortly thereafter begin planning the transition.

About Desjardins Group

Desjardins Group is the largest cooperative financial group in Canada and the sixth largest in the world, with assets of $157 billion. Drawing on the strength of its caisse network in Québec and Ontario, and its subsidiaries across Canada, it offers a full range of financial products and services to its 5.8 million members and clients. Desjardins specializes in Wealth Management and Life and Health Insurance, in Property and Casualty insurance, in Personal Services, in Business and Institutional Services. As one of the largest employers in the country, Desjardins is supported by the skills of its 42,200 employees and the commitment of over 6,200 elected officers. For more information, visit www.desjardins.com.

For further information: (for journalists only): André Chapleau, Director, Media Relations, [phone] or 1-866-866-7000, ext. 7229, [email protected]