Constellation Software Inc.
TSX : CSU

Constellation Software Inc.

November 21, 2007 17:00 ET

Constellation Software Inc. Acquires the Business Assets of DataNow Software

TORONTO, ONTARIO--(Marketwire - Nov. 21, 2007) - Constellation Software Inc. ("Constellation") (TSX:CSU) announced today that it has completed, through its wholly-owned subsidiary N. Harris Computer Corporation ("Harris"), the acquisition of the business assets from DataNow L.L.C. ("DataNow").

As a result of the purchase, Harris will continue to provide sales, development and support to all of the existing DataNow customers as part of the InHance Division within Harris. All of the existing DataNow staff will continue to operate and support all DataNow customers from their existing facility in Twin Falls, Idaho.

"The acquisition of DataNow builds upon our strategy of providing customer choice while expanding the Harris product offering with a complete suite of governmental solutions" says Ponder Wright, Executive Vice President, Harris.

"Harris is gaining a very seasoned group of employees with a solid track record of providing quality solutions for their customers for over 25 years. The DataNow suite of proven governmental revenue solutions and a well received Payroll/HR system will strengthen our position in the governmental market space. We are very excited about the future of DataNow within the Harris family." said Jeff Bender, CEO of Harris.

"Harris provides us with long term stability" said, Wade Bond, General Manager, DataNow. "This will also open up our opportunities to take our products to a much larger market place. We are very pleased to be flying under the Harris banner."

"While the DataNow acquisition will not have a material impact on Constellation (DataNow has fewer than 10 employees), tuck-in acquisitions such as DataNow are a good example of Constellation's business model." said John Billowits, Chief Financial Officer of Constellation. "One of our primary goals is to become the premier supplier of software and services in each of our vertical markets. We accomplish this goal by capitalizing on organic growth opportunities and building our businesses via tuck-in acquisitions that provide us with increased market share and / or additional products to offer our existing customers."

DataNow is Constellation's tenth acquisition so far in 2007 and our sixteenth since we went public in May 2006.

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, or call 888-847-7747.

About Constellation:

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.

Forward Looking Statements

Certain statements herein may be "forward looking" statements that involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Constellation or the industry to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These statements reflect current assumptions and expectations regarding future events and operating performance and speak only as of the date hereof. Forward looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not such results will be achieved. A number of factors could cause actual results to vary significantly from the results discussed in the forward looking statements. These forward looking statements are made as of the date hereof and Constellation assumes no obligation to update any forward looking statements to reflect new events or circumstances.

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