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Constellation Software Inc.: Constellation Software Announces Increase in Credit Facility

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^{Published in Health and Fitness on Wednesday, December 17th 2008 at 15:39 GMT by Market Wire}  

TORONTO, ONTARIO--(Marketwire - Dec. 17, 2008) - Constellation Software Inc. ("Constellation") (TSX:CSU) announced today it has entered into an amendment with its existing bank syndicate to increase its credit facility from U.S.$105 million to U.S.$130 million. The facility will be available for both working capital and future acquisitions following the satisfaction of certain standard closing conditions.

"We continue to remain optimistic about our acquisition prospects after deploying a record amount of capital in 2008. The amendment to our credit facility provides us increased capacity to explore further acquisition opportunities" said John Billowits, Chief Financial Officer of Constellation.

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.