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CGI Group Inc.

03:58 PM EST - CGI Group Inc. : signed a 10-year infrastructure, application maintenance and development outsourcing services agreement with Foresters worth $182 million. The company noted that the agreement extends the existing infrastructure services outsourcing agreement by seven years, and will see 78 Foresters IT employees transition to CGI. As per the terms of the contract, CGI will deliver IT application maintenance and development services from its centers in Toronto, Halifax and Bangalore while IT infrastructure services including data center mainframe, voice communications, IT help desk and distributed computing services will be delivered from its centres in Ontario. CGI Group Inc. shares T.GIB.A are trading up $0.28 at $10.03.