The signing of the letter of intent was initially announced on June 28, 2001.
Larochelle Gratton has approximately 200 employees and provides a range
of systems integration services to leading client organizations, including in
areas such as e-commerce and the Internet. Larochelle Gratton, which has
annual revenue of approximately CDN$18 million, will be acquired for a
consideration of CDN$9.2 million in cash and shares (approximately 517,000
Class A subordinate shares of CGI will be issued).
SOURCE: COMPANY PRESS RELEASE
