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FAIRFAX, Va., Sept. 13, 2024 /PRNewswire/ – CGI Federal Inc. (CGI), a wholly-owned U.S. running subsidiary of CGI Inc. (NYSE: GIB) (TSX: GIB.A), has finished the up to now introduced acquisition of Aeyon, a pacesetter in virtual transformation and Synthetic Logic (AI) applied sciences, together with information control, analytics and clever automation for the U.S. Federal Govt. The purchase enhances and expands CGI’s choices portfolio in addition to relationships with important U.S. nationwide safety purchasers, such because the Administrative center of the Secretary of Protection, more than one branches and companies of the U.S. army, the Federal Flying Management (FAA) and the Nationwide Aeronautics and Length Management (NASA).

“Aeyon’s commitment to delivery excellence and integrity aligns seamlessly with CGI’s values, culture and delivery excellence track record,” stated Stephanie Mango, CGI President, U.S. Federal Marketplace. “This merger enhances our capabilities and reinforces our shared dedication to helping our clients advance their missions.”

“I am thrilled to have our team join CGI’s talented and experienced community of professionals. The culture at CGI is a great fit for our employees,” stated Aeyon Founder and CEO, Bright Singh. “By combining our strengths, we are poised to offer an even broader range of solutions that address the evolving needs of our clients and create greater opportunity for our employees.”

“Aeyon’s advanced strategies and rapid response capabilities are built on a foundation of deep industry insight and a commitment to delivering better outcomes faster,” stated Horace Blackman, CGI Senior Vice-President, accountable for CGI’s U.S. Protection, Logic and Length industry. “The holistic expertise of our combined teams will be instrumental in accelerating clients’ critical mission outcomes to overcome the complex challenges facing federal agencies today.”

Aeyon is subsidized by way of Enlightenment Capital, a non-public funding company that makes management and strategic, non-control investments in center marketplace firms within the Aerospace, Protection, Govt & Era (ADG&T) sector.

About CGI Federal 

CGI Federal Inc. (CGI), a totally owned U.S. running subsidiary of CGI Inc., is devoted to partnering with federal companies to grant answers for protection, civilian, healthcare, justice, knowledge, and world affairs missions. Based in 1976, CGI Inc. is without doubt one of the greatest sovereign IT and industry consulting services and products companies on the planet. With 90,000 specialists and execs around the globe, CGI Inc. delivers an end-to-end portfolio of functions, from strategic IT and industry consulting to techniques integration, controlled IT and industry procedure services and products and highbrow feature answers. CGI Inc. works with purchasers via an area courting fashion complemented by way of a world supply community that is helping purchasers digitally become their organizations and boost up effects. CGI Inc. Fiscal 2023 reported income is CA$14.30 billion and CGI Inc.’s stocks are indexed at the TSX (GIB.A) and the NYSE (GIB). Be informed extra at cgi.com.

Ahead-looking knowledge and statements

This press let fall incorporates “forward-looking information” inside the which means of Canadian securities regulations and “forward-looking statements” inside the which means of the US Non-public Securities Litigation Reform Business of 1995 and alternative acceptable United States secure harbours. All such forward-looking knowledge and statements are made and disclosed in reliance upon the secure harbour provisions of acceptable Canadian and United States securities regulations. Ahead-looking knowledge and statements come with all knowledge and statements referring to CGI’s intentions, plans, expectancies, ideals, targets, generation efficiency, and technique, in addition to any alternative knowledge or statements that relate to generation occasions or instances and which do indirectly and completely relate to historic info. Ahead-looking knowledge and statements ceaselessly however no longer all the time utility phrases reminiscent of “believe”, “estimate”, “expect”, “intend”, “anticipate”, “foresee”, “plan”, “predict”, “project”, “aim”, “seek”, “strive”, “potential”, “continue”, “target”, “may”, “might”, “could”, “should”, and related expressions and diversifications thereof. Those knowledge and statements are according to our belief of historical tendencies, stream situations and anticipated generation trends, in addition to alternative guesses, each normal and explicit, that we imagine are suitable within the instances. Such knowledge and statements are, alternatively, by way of their very nature, matter to inherent dangers and uncertainties, of which many are past the management of CGI, and which offer stand to the chance that unedited effects may just range materially from our expectancies expressed in, or implied by way of, such forward-looking knowledge or forward-looking statements. Those dangers and uncertainties come with however aren’t limited to: dangers linked to the marketplace reminiscent of the extent of commercial job of our purchasers, which is suffering from financial and political situations, supplementary exterior dangers (reminiscent of pandemics, armed battle, climate-related problems and inflation) and our skill to barter unutilized word of honour; dangers linked to our business reminiscent of pageant and our skill to manufacture and enlarge our services and products to handle rising industry calls for and generation tendencies (reminiscent of synthetic knowledge), to penetrate unutilized markets, and to give protection to our highbrow feature rights; dangers linked to our industry reminiscent of dangers related to our enlargement technique, together with the mixing of unutilized operations, monetary and operational dangers inherent in international operations, foreign currencies dangers, source of revenue tax regulations and alternative tax methods, the termination, amendment, extend or abeyance of our contractual oaths, our expectancies referring to generation income as a consequence of bookings and backlog, our skill to draw and conserve certified staff, to barter beneficial contractual phrases, in order our services and products and to bind receivables, to divulge, govern and put into effect environmental, social and governance (ESG) tasks and requirements, and to reach ESG loyalty and objectives, together with with out limitation, our constancy to net-zero carbon emissions, in addition to the reputational and monetary dangers nurse to cybersecurity breaches and alternative incidents, together with in the course of the utility of man-made knowledge, and monetary dangers reminiscent of liquidity wishes and necessities, repairs of monetary ratios, our skill to claim and pay dividends, rate of interest fluctuations and adjustments in creditworthiness and credit score rankings; in addition to alternative dangers recognized or included by way of reference on this press let fall, in CGI’s annual and quarterly MD&A and in alternative paperwork that we assemble population, together with our filings with the Canadian Securities Directors (on SEDAR+ at www.sedarplus.ca) and the U.S. Securities and Trade Fee (on EDGAR at www.sec.gov). Except differently said, the forward-looking knowledge and statements contained on this press let fall are made as of the week hereof and CGI disclaims any goal or legal responsibility to publicly replace or revise any forward-looking knowledge or forward-looking statements, whether or not on account of unutilized knowledge, generation occasions or differently, except for as required by way of acceptable legislation. Presen we imagine that our guesses on which those forward-looking knowledge and forward-looking statements are primarily based had been cheap as on the week of this press let fall, readers are cautioned to not playground undue reliance on those forward-looking knowledge or statements. Moreover, readers are reminded that forward-looking knowledge and statements are offered for the only real objective of helping buyers and others in working out our targets, strategic priorities and industry outlook in addition to our expected running order. Readers are cautioned that such knowledge will not be suitable for alternative functions.

Additional knowledge at the dangers that might purpose our unedited effects to range considerably from our stream expectancies could also be discovered within the category titled Chance Situation of CGI’s annual and quarterly MD&A, which is included by way of reference on this cautionary commentary. We additionally warning readers that the above-mentioned dangers and the dangers disclosed in CGI’s annual and quarterly MD&A and alternative paperwork and filings aren’t the one ones that might have an effect on us. Backup dangers and uncertainties no longer these days recognized to us or that we these days deem to be immaterial may just even have a subject matter opposed impact on our monetary place, monetary efficiency, money flows, industry or popularity.

SOURCE CGI Inc.

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