Press release from Marketwire
Constellation Software Inc. Acquires Xn Leisure Systems Ltd.
Wednesday, December 01, 2010
Constellation Software Inc. Acquires Xn Leisure Systems Ltd.17:00 EST Wednesday, December 01, 2010TORONTO, CANADA--(Marketwire - Dec. 1, 2010) - Constellation Software Inc. ("Constellation") (TSX:CSU) announced today that its wholly-owned subsidiary, Gary Jonas Computing Ltd. ("Jonas") has completed the acquisition of Xn Leisure Systems Ltd. ("Xn Leisure"). The Xn Leisure acquisition expands Jonas' presence in the Leisure market."Xn Leisure is a provider of software solutions and services in their target market, within the United Kingdom," said Barry Symons, CEO of Jonas. "We are excited to welcome the Xn Leisure customers and employees into the Jonas family." Xn Leisure Managing Director, Darrell Boxall stated "The entire Xn Leisure team is excited to be joining the Jonas family. Teaming up with a company that understands vertical market software, and which has a long track record of success, presents a unique opportunity for our customers, our employees and our business partners." About Jonas: Jonas is a leading provider of enterprise management software solutions to a number of vertical markets including the following hospitality focused industries: Club, Fitness and Leisure, Attractions and Foodservices. Jonas has over 10,000 customers, in over 15 countries worldwide. Jonas' focus is on creating long term relationships with our customers and ensuring we meet and exceed their software and service needs. 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. FOR FURTHER INFORMATION PLEASE CONTACT: John BillowitsConstellation Software Inc.Chief Financial Officer(416) firstname.lastname@example.org