On September 2, 2005, CGI-AMS Inc., the wholly-owned U.S. operating subsidiary of CGI Group Inc. (TSX: GIB.SV.A; NYSE: GIB), announced that it had acquired Silver Oak Solutions.

A privately-held corporation with revenues of approximately US$23 million, Silver Oak is a leading provider of spend management solutions that identify, create, and sustain measurable cost savings in procurement spending for clients in both the government and commercial sectors. Founded in 1999, Silver Oak employs 100 senior-level professionals who serve clients from offices in Boston, New York, Philadelphia, and San Francisco.

Jean-René Gauthier advised CGI in this transaction.