Constellation Software Inc.

Constellation Software Inc.

June 30, 2011 14:29 ET

Constellation Acquires ProSoft Technologies

TORONTO, ONTARIO--(Marketwire - June 30, 2011) - 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 ProSoft Technologies, Inc. ("ProSoft").

ProSoft offers a complete portfolio of products and services for Pennsylvania school districts including: student management, scheduling, human resources, payroll, fund accounting, and student activity fund management, and tax management for local municipalities. As a result of the transaction, ProSoft 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, "ProSoft is the continuation of the Harris School Solutions growth plan as it strengthens our market share in key states such as Pennsylvania. We will look to complement the ProSoft product portfolio with our own solutions and continue to grow our presence in the state." Harris will continue to develop, service, and support the ProSoft product line from the current Bethel Park, PA office.

"Harris brings additional resources that will enhance our continuing commitment to our clients. We are pleased to join the Harris family and look forward to supporting and growing our customer base under their depth of experience within the K-12 market", said Scott Anderson, President of ProSoft.

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

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, or call 888-847-7747.

About ProSoft:

For two and a half decades, ProSoft Technologies, Inc. has been committed to the research and development of student information systems, school management system, and municipality software in Pennsylvania. We pride ourselves on continually improving our systems based on the feedback we receive from school district personnel, Pennsylvania Department of Education, and other relevant governmental organizations. The end result is a suite of systems that not only meets the state's standards, but also the high standards of our clients. For further information on ProSoft, please visit our website at, or call 412-854-5622.

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