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Constellation Acquires eFit Financial

Tue, 05/11/2010 - 3:30pm
The Associated Press

http://www.csisoftware.com () —

Constellation Software Inc. ("Constellation") (TSX: CSU) announced today that EZ Facility Inc. ("EZFacility"), a division of its wholly-owned subsidiary Jonas Software USA Inc. ("Jonas"), has acquired the shares of eFit Financial, Inc. of Denver, Colorado. The acquisition adds eFit's club management software (Club Advantage) and full service billing and financial services to the EZFacility solution portfolio.

"eFit is a leading provider of software and full service billing and finance support to health and fitness facilities throughout the United States," said Adam Zeitsiff, CEO of EZFacility. "We are excited to welcome eFit's customers and employees into the EZFacility family."

eFit Financial provides SaaS-based, full service billing, collections and club management software for mid-market health clubs, personal training centers and fitness studios. The company's modular software-as-a-service (SaaS) approach enables its users to manage their membership and facility while minimizing dependence on internal technology resources.

About EZFacility Inc:

As the fitness and sports division of Jonas Software, EZFacility is a leader in Scheduling, Management and Membership SaaS solutions and recognized as a trusted software partner in the areas of technology, product innovation, quality, and customer service for sports, health and fitness facilities.

About Jonas:

Jonas is a leading provider of enterprise management software solutions to the Club, Fitness and Sports, Foodservices, Construction Management, Moving and Storage, Metal Service Centers and Attractions industries. Jonas' focus is on creating long term relationships with our customers and ensuring we meet and exceed their software and service needs.

About Constellation Software Inc.

Constellation's common shares are listed on the Toronto Stock Exchange under the symbol "CSU". Constellation Software is an international provider of market leading software and services to a number of industries across both the public and private sectors. The Company acquires, manages and builds vertical market software businesses that provide mission-critical software solutions to address the specific needs of its customers in those industries.

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