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Press Release
HARRIS ANNOUNCES PURCHASE OF
BUSINESS ASSETS OF GO.EDU INC.
OTTAWA, ONTARIO—May 22, 2008 —Harris
Computer Systems (“Harris”), a leading provider of financial, customer and
student information management software solutions for utilities, local
governments and schools, today announced that it has completed the purchase
of the business assets of Go.edu, Inc(“Go.edu”).
As a result of the purchase, the Go.edu customers and staff will become part
of Harris’ K-12 business unit. The Go.edu staff will continue to operate
from their existing facilities in Wichita, Kansas.
“The acquisition of Go.edu represents a continuation of our strategy to
expand in the K-12 Education sector via both organic and acquired growth.
This is the second such acquisition completed during 2008.” said Jeff
Bender, CEO of Harris. “We welcome the Go.edu customers, employees and
products into the Harris family.”
“Over the last three years we have been focused on developing and deploying
our new SaaS Student Information system (SIS), Go.edustar, which was
selected as a 2008 CODiE finalist for Best K-12 Enterprise Solution. After
recently reviewing our strategic options, we determined that our plans for
growth could best be achieved by joining with a larger, national vendor. We
determined Harris to be the ideal home for both our product and employees.”
said Bob Worthington, CEO of Go.edu, Inc.
“This transaction significantly enhances our market presence in the Midwest
as well as provides us with a fully integrated SIS platform for further
expansion. Many of the Go.edustar customers are already users of our
financial products, and will now benefit from the synergies created by
utilizing a single vendor for their financial, student information and food
service software needs.” stated Jerry Canada, Jr., Harris’ Schools business
unit Vice President. “In addition, we are adding a dedicated and
knowledgeable group of employees to our team.”
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.
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 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 www.csisoftware.com.
For further information: Constellation Software Inc., John Billowits, Chief
Financial Officer, (416) 861-2279,
info@csisoftware.com
CONTACT:
Jerry Canada, Jr., Vice President
Harris Computer Systems
(716) 297-8005 x221
jcanada@harriscomputer.com
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