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Constellation Acquires SDS Software

Mon, 01/25/2010 - 4:01am
The Associated Press

Constellation Software Inc. ("Constellation") (TSX: CSU) today announced that its wholly-owned subsidiary Harris Computer Systems ("Harris"), a leading provider of financial, customer and student information management software solutions for utilities, local governments and school districts, purchased SDS Software ("SDS").

SDS offers a portfolio of products and services for Canadian school boards including human resources, payroll, fund accounting, and student activity fund management. As a result of the transaction, SDS will be consolidated within Harris School Solutions, the Harris operating division focused on administrative solutions for K-12 school districts throughout North America.

Jerry Canada, General Manager of Harris School Solutions commented, "SDS is a significant milestone in the Harris School Solutions growth plan as it expands our presence into the Canadian market. We will complement the SDS product portfolio with our current student management solutions and continue to compete for new business throughout Canada." Harris will continue to develop, service, and support the SDS product line from the current Vancouver, British Columbia office.

About Constellation:

Constellation acquires, manages and builds vertical market software businesses that provide mission critical software solutions. Constellation's common shares are listed on the Toronto Stock Exchange under the symbol "CSU". Further information about Constellation may be obtained from the Company's web site at www.csisoftware.com (http://www.csisoftware.com) .

About Harris:

Harris is a wholly owned subsidiary of Constellation and is a leading provider of financial management and Customer Information Systems (CIS) software solutions. Since 1976, Harris has focused on providing feature-rich and robust turnkey solutions to all levels of local government, public power and water entities as well as school districts throughout North America. Harris' focus is on creating long-term relationships with our customers and ensuring that we meet the changing needs of our customers over time. For further information on Harris Computer Systems, please visit our website at http://www.harriscomputer.com (http://www.harriscomputer.com) , or call 888-847-7747.

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