Mr. Jamal Baksh reports

CONSTELLATION SOFTWARE'S MODAXO COMPLETES ACQUISITION OF CURBSIDE MANAGEMENT AND PUBLIC SAFETY BUSINESSES FROM CONDUENT

Constellation Software Inc.'s people transportation division, operating as Modaxo, has completed the acquisition of the curbside management and public safety businesses from Conduent Inc.

The curbside management business, now doing business as Trellint, provides parking management systems to the public sector, while the public safety business, now doing business as Elovate, provides traffic management solutions such as automated photo enforcement for speed and red-light violations processing to its government clients.

About Modaxo

Modaxo is a global technology organization passionate about moving the world's people. Working both together and independently, its collective of businesses are committed to delivering software and technology solutions that help connect people with the places they need to go for work, family and everyday life.

About Constellation Software Inc.

Constellation's common shares are listed on the Toronto Stock Exchange under the symbol CSU. Constellation acquires, manages and builds vertical market software businesses.