CalSTRS Selects CGI for $120+ Million Pension Administration System Contract

Sacramento, California (ots/PRNewswire) -

Transformational, enterprise-wide project will modernize IT
systems and

business processes for largest educator-only pension fund in the
world

CGI today announced the award of a multi-year, US$121 million
contract from the California State Teachers' Retirement System
(CalSTRS) to configure and implement a new information technology
system for the administration of CalSTRS benefits.

"CGI is pleased to have earned the business of a client so
committed to serving their members," said CGI Vice President Cheryl
Hotaling and Sacramento business lead. "The new, flexible system
deploys technology to improve business processes while allowing
CalSTRS to continually adapt and grow in support of their members.
With more than 25 years of experience successfully delivering
projects with the State, CGI looks forward to this new opportunity to
build upon our long partnership with the State of California."

CalSTRS is the largest educator-only pension fund in the world
with more than 879,000 members and approximately $185.5 billion in
assets as of January 31, 2015. The new Pension Administration System
will replace CalSTRS' legacy systems with a single, comprehensive
solution capable of delivering new levels of service and support to
members and customers while reducing associated costs. Once
implemented, the new system will allow business users to define
sophisticated workflows, create business rules and produce reports
without relying on technical staff. Members will also have new
self-service features to increase their ability to independently
manage their assets.

The Team CGI solution is built on Sagitec's Neospin, a
commercial-off-the-shelf (COTS) system that supports more teachers'
pension funds than any product in the U.S. The combination of
Neospin's flexible and scalable solution coupled with CGI's proven
project methodology and expert team will deliver efficiencies as well
as benefits to CalSTRS for years to come.

"Enhancing member customer service while improving the CalSTRS
work environment is a double-win for us," said CalSTRS BusinessRenew
Executive Chris Caietti. "With new capabilities from CGI, integrated
systems and business processes will empower our stakeholders to solve
problems faster and reduce the costs of pension administration."

"Our global clients consistently turn to CGI to help them deliver
their most important projects," added Dave Delgado, Senior
Vice-President, U.S. West business unit lead. "CGI is pleased to
support CalSTRS' vital mission of helping secure the financial future
and sustain the trust of California's educators."

About CGI

Founded in 1976, CGI Group Inc. is the fifth largest independent
information technology and business process services firm in the
world. Approximately 68,000 professionals serve thousands of global
clients from offices and delivery centers across the Americas, Europe
and Asia Pacific, leveraging a comprehensive portfolio of services
including high-end business and IT consulting, systems integration,
application development and maintenance, infrastructure management as
well as a wide range of proprietary solutions. With annual revenue in
excess of C$10 billion and an order backlog exceeding C$20 billion,
CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Website:
http://www.cgi.com.

About CalSTRS

The California State Teachers' Retirement System, with a portfolio
valued at $185.5 billion as of January 31, 2015, is the largest
educator-only pension fund in the world. CalSTRS administers a hybrid
retirement system, consisting of traditional defined benefit, cash
balance and voluntary defined contribution plans. CalSTRS also
provides disability and survivor benefits. CalSTRS serves
California's 879,000 public school educators and their families from
the state's 1,700 school districts, county offices of education and
community college districts. Follow us on Twitter @CalSTRS

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, and
are "forward-looking information" within the meaning of Canadian
securities laws. These statements and this information represent
CGI'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 or
forward-looking information. These factors include but are not
restricted to: the timing and size of new contracts; acquisitions and
other corporate developments; the ability to attract and retain
qualified members; market competition in the rapidly evolving IT
industry; general economic and business conditions; foreign exchange
and other risks identified in the press release, in CGI's annual and
quarterly Management's Discussion and Analysis ("MD&A"), in CGI's
Annual Report, in CGI's Annual Report on Form 40-F filed with the
U.S. Securities and Exchange Commission (filed on EDGAR at
http://www.sec.gov), and in the Company's Annual Information Form
filed with the Canadian securities authorities (filed on SEDAR at
http://www.sedar.com), 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 or forward-looking information, which speak only as of the
date on which they are made. In particular, statements relating to
future performance are forward-looking statements and forward-looking
information. CGI disclaims any intention or obligation to publicly
update or revise any forward-looking statements or forward-looking
information, whether as a result of new information, future events or
otherwise, except as required by applicable law. Readers are
cautioned not to place undue reliance on these forward-looking
statements or on this forward-looking information.

For more information:

Investors
Lorne Gorber
Senior Vice-President, Global Communications and
Investor Relations
lorne.gorber@cgi.com
+1-514-841-3355

Media
Linda Odorisio
Vice-President, US Communications, CGI
linda.odorisio@cgi.com
+1-703-267-8118

ots Originaltext: CGI Group Inc.
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