Constellation Software Inc.

Constellation Software Inc.

September 20, 2007 19:53 ET

Constellation Software Inc. Announces Termination of Proposed Secondary Offering of Its Common Shares

TORONTO, ONTARIO--(Marketwire - Sept. 20, 2007) - Constellation Software Inc. ("Constellation") (TSX:CSU) announced today that the proposed secondary offering of its common shares has been terminated due to unfavourable pricing and market conditions.

Constellation did not intend to sell any shares or receive any proceeds in connection with the proposed offering.

About Constellation Software Inc.:

Constellation Software Inc.'s common shares are listed on the Toronto Stock Exchange under the symbol "CSU". Constellation 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.

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. Constellation assumes no obligation to update any forward looking statements to reflect new events or circumstances.

Contact Information

  • Constellation Software Inc.
    John Billowits
    Chief Financial Officer
    (416) 861-0630