Press release from Marketwire
Southeastern Pennsylvania Transportation Authority Selects AssetWorks, a Subsidiary of Constellation Software's Volaris Group, for Upgrades to Their Asset Management Solution
Wednesday, August 01, 2012
TORONTO, ONTARIO--(Marketwire - Aug. 1, 2012) - Constellation Software Inc. (TSX:CSU) today announced that AssetWorks, a subsidiary of its wholly-owned subsidiary, Volaris Group Inc., has signed a significant contract with Southeastern Pennsylvania Transportation Authority ("SEPTA") to upgrade their existing fleet and rail enterprise asset management solution and expand the solution to include infrastructure and linear asset management.
The SEPTA system serves over one-half million customers daily and provides approximately 325 million (unlinked) passenger trips annually, with bus, subway, high speed rail, trackless trolley, regional rail and paratransit vehicles. SEPTA's service area includes the heavily populated southeastern Pennsylvania counties of Bucks, Chester, Delaware, Montgomery, and Philadelphia.
About Constellation Software Inc.
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.
AssetWorks delivers industry-leading business solutions that help asset- and infrastructure-intensive organizations control capital and operating expenditures, reduce operational complexity, and manage regulatory and policy-driven risk. Leveraging a comprehensive portfolio of software and consulting solutions, we help organizations work more efficiently by improving access to shared asset data, promoting greater transparency across the organization, improving service delivery, maximizing asset availability and uptime and reducing total cost of ownership. Using the latest cloud and mobile computing technologies, our asset management solutions and domain expertise help organizations eliminate waste, redundancy, and inefficiency. For more information, visit: www.assetworks.com.
About Volaris Group
Volaris acquires, strengthens and grows vertical market technology companies enabling them to be clear leaders within their focused industry. Volaris companies provide specialized, mission-critical solutions to vertical markets around the world including Agri-Food, Asset Management and Logistics, Justice and People Transportation. Volaris is an operating group of Constellation Software Inc. Learn more at www.volarisgroup.com, or call 905-629-5297.
FOR FURTHER INFORMATION PLEASE CONTACT:
John Billowits Constellation Software Inc. Chief Financial Officer (416) 861-2279 email@example.com www.csisoftware.com