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Constellation Acquires SDS Software

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Toronto, Ontario – January 25, 2010 – 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 full 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 look to complement the SDS product portfolio with our own student management solutions and continue to compete for new business throughout Canada.”

“The SDS team brings excellent domain expertise in both back office systems and web development. They provide a solid foundation for us to grow in this market,” said Canada. Harris will continue to develop, service, and support the SDS product line from the current Vancouver, BC office.

“SDS has provided administrative software and services to Canadian school districts for 23 years and the acquisition by Harris is an exciting and logical step in the evolution of our organization”, said Priscilla McDonald, President and CEO of SDS Software. “As one of the 50 Best Managed Companies in Canada, Harris brings additional resources to our continued commitment to our clients. In Harris we have found the best partner to maintain and enhance the SDS tradition of quality software and exemplary service.”

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 https://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 https://www.harriscomputer.com, or call 888-847-7747.

About SDS:

SDS is a leading provider of software and services for K-12 education. Each of our products is designed and developed exclusively for Canadian school districts. We help our clients continuously improve the administration and management of their organizations by providing exceptional quality software and customer service. SDS Software is based in Vancouver, BC and services education clients across Canada. For further information on SDS, please visit our website at https://www.sdssoftware.com, or call 888-737.4900

 

 

January 25th 2010

January 25, 2010