Manulife renews multi-million dollar CGI IT outsourcing deal

Source: CGI

Manulife Financial (TSX, NYSE and PSE: MFC; SEHK: 945) and CGI Group Inc. (CGI) (TSX: GIB.A; NYSE: GIB), announced today that CGI will continue to provide IT services to Manulife into 2013 under a multi-million dollar contract renewal. As part of CGI's commitment to the Atlantic region, CGI will continue to deliver IT services to Manulife through its global delivery center in Halifax, Nova Scotia.

"Our needs have evolved and CGI has the flexibility and industry insight to work with us," said Wayne Martin, Senior Vice President & Chief Information Officer of Manulife's Canadian Division. We've been working together since 2004, and we're confident that CGI will continue to provide us with the reliable and agile IT services we need to deliver on our client commitments."

Under the contract renewal, CGI will continue to leverage its Halifax delivery center to provide systems development, maintenance and integration services to Manulife Financial.

"This contract renewal with Manulife Financial speaks to the importance CGI places on developing long-term client relationships," said Doug McCuaig, President, Canada, CGI. "Manulife is a formidable global player, and we're thrilled to continue to leverage our global delivery capabilities and offer competitively priced IT services to Manulife through our home-shore center of excellence."

Since the initial agreement with Manulife in 2004, CGI's Atlantic Canadian operations have grown to over 700 members, and serves many companies from Canada and around the world.

Quality processes have always been at the forefront of CGI's operations and the Halifax center was appraised according to the Capability Maturity Model (CMM) and is ISO 9001 quality certified. The Capability Maturity Model describes the principles and practices underlying software process maturity. It covers practices for planning, engineering, and managing software development and maintenance. In 1994, CGI became the first information technology company in North America to become ISO 9001 certified for its project management framework.

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