09:04 AM EDT, 06/04/2025 (MT Newswires) -- CGI (GIB-A.TO, GIB), a global independent technology and professional services companies, was at last look up 1.6% in US premarket after announcing Wednesday the extension of an ongoing partnership with Suffolk County, New York, to modernize the county's financial and administrative systems.

A statement noted that CGI will upgrade Suffolk County's technology infrastructure and transition core systems to a secure, cloud-based environment.

Under the initiative, the statement said, Suffolk County will move to the most advanced version of CGI Advantage, using the Software-as-a-Service (SaaS) platform to manage key functions, including finance, vendor self-service, procurement, debt management, advanced reporting and intelligence. The modernization is the first step in the county's broader initiative to enhance operational resilience, strengthen security, improve outcomes and reduce reliance on legacy systems, it added.

CGI was down $2.23 or 1.5% at $145.20 on the TSX yesterday.