Mr. Jamal Baksh of Constellation Software reports

LUMINE GROUP COMPLETES ACQUISITION OF SYNCHRONOSS TECHNOLOGIES

Constellation Software Inc.'s Lumine Group Inc., through one of its wholly owned subsidiaries, has completed the purchase of Synchronoss Technologies Inc.

Synchronoss, incorporated in 2000, has served global operators for more than 20 years, evolving from its origins in service activation solutions to a modern portfolio anchored by Synchronoss's Tier 1 operator-branded personal cloud services. In recent years, Synchronoss executed a cloud-first transformation that strengthened its core business and aligned its long-term strategy with the needs of communications service providers worldwide.

About Lumine Group Inc.

Lumine Group acquires, strengthens and grows vertical market software businesses in the communications and media industry.

About Synchronoss Technologies Inc.

Synchronoss Technologies, a global leader in personal cloud solutions, empowers service providers to establish secure and meaningful connections with their subscribers. Synchronoss's SaaS (software-as-a-service) cloud platform simplifies onboarding processes and fosters subscriber engagement, resulting in enhanced revenue streams, reduced expenses and faster time to market. Millions of subscribers trust Synchronoss to safeguard their most cherished memories and important digital content.

About Constellation Software Inc.

Constellation acquires, manages and builds vertical market software businesses that provide mission-critical software solutions.

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