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Constellation Software Inc.

TSX: CSU

Apr 04, 2008 17:00 ET

 

Constellation Software Inc. Acquires System Innovators Inc.

TORONTO, ONTARIO--(Marketwire - April 4, 2008) - Constellation Software Inc. ("Constellation") (TSX:CSU) announced today that it has completed, through its wholly-owned subsidiary N. Harris Computer Corporation ("Harris"), the acquisition of System Innovators Inc. System Innovators is a leading provider of online cashiering and collections systems and support for government and utility clients.

"I am pleased to add System Innovators to the Harris family of solutions." stated Jeff Bender, Harris CEO. "We continue to add best in class solutions to our portfolio and this is no exception. We are impressed with the employee group, customer base and solutions and look forward to a long future together." continued Bender. "This acquisition is good for existing and prospective customers as we expand the available market for System Innovators' solutions."

Roger Nelson, the founder and owner of System Innovators, said "I have thoroughly enjoyed the 27 years that I have spent building this business and am grateful for the many friendships with employees and clients that have developed along the way. System Innovators is poised for growth and I am ready for an active retirement so this is the right thing to do to allow the business to flourish. Our clients and employees will both benefit from this acquisition by Harris. I am confident that I am leaving the company in good hands".

"System Innovators' success has been built on our total commitment to our clients for the past 27 years." stated Jim Simak, Executive Vice President responsible for the System Innovators business unit. "Harris' philosophy of "Software for Life" enables us to fulfill on our mission of exceeding our clients' expectations. This opportunity will allow System Innovators to deliver our innovative cashiering products and services to a much larger market. We are very pleased to join the Harris family."

As a result of the purchase, System Innovators and its flagship cashiering solution iNovah are now part of the Harris portfolio of solutions. System Innovators will operate as a business unit of Harris and will continue to sell, develop, enhance, support and service iNovah, RevenueCollector and Cashier for Windows from their current offices in Jacksonville, FL.

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. Constellation 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.

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.
 

 

May 2, 2007

Contact: Jim Simak
Chief Executive Officer
System Innovators, Inc.
(904) 281-9090

System Innovators, Inc. unveils newest version of iNovah cashiering software

Jacksonville, Fla.; May 2, 2007 – System Innovators, Inc. announced today the release of Version 2 of its cashiering software package iNovah for over-the-counter, online, drop box and IVR payment management.

Based on service-oriented architecture, iNovah Version 2 incorporates features defined by System Innovators, Inc.´s Client Advisory Board and Users Group, including easier installation and improved performance. The new package also adds a comprehensive software development kit and application programming interface to support third party integration by partners and value-added resellers.

"iNovah Version 2´s payment security sets a new standard for payment processing applications for government and utilities," Chief Executive Officer Jim Simak said. By meeting Visa´s requirements for Payment Application Best Practice certification, iNovah Version 2 can be implemented securely and in compliance with Visa´s Cardholder Information Security Program.

"With Version 2, our clients can guarantee the integrity of their customers´ financial information," President Kelley Langford said. Based in Jacksonville, Fla., System Innovators, Inc. is the leading cashiering solutions expert for government agencies and utility companies nationwide. For more than 27 years, we have been committed to superior technology and unparalleled customer support in the development and implementation of our payment processing solutions. For more information, please e-mail sales@systeminnovators.com, or visit the Web site at www.systeminnovators.com.

Back To Top May 14, 2007

Contact: Jim Simak
Chief Executive Officer
System Innovators, Inc.
(904) 281-9090

System Innovators, Inc. debuts new technology at annual conference

Jacksonville, Fla.; May 14, 2007 – System Innovators, Inc. held its annual Users Group conference in San Diego, Calif., where it demonstrated the improved data collection and security features of the newest version of its software package iNovah. Major clients from across the United States and Canada attended the three day event beginning May 14, which included a welcome reception, several panel discussions, group training sessions and a Top Gun Evening at the Miramar Marine Corps Air Station

"This was a great opportunity for our clients to get information from the System Innovators team and industry experts, as well from their peers," Chief Executive Officer Jim Simak said.

Following the Top Gun theme, attendees were broken into squadron groups to network and attend group sessions, including training on iNovah Version 2, which was released May 2. "We wanted to emphasize how user-friendly and secure this product is for our clients," President Kelley Langford said. "As far as the industry goes, this is the ´top gun´ of cashiering solutions."

Guest speaker Howard Glavin, principal consultant of Internet Security Systems, talked about iNovah´s compliance with Visa´s rigorous electronic security requirements, called Card Industry Security Practices (CISP). Other guest speakers included Paul Bazylak, the vice president of merchant relations for Visa, and Steven Jung, director of business and customer support at the L.A. branch of the Federal Reserve Bank of San Francisco.

Based in Jacksonville, Fla., System Innovators, Inc. is the leading cashiering solutions expert for government agencies and utility companies nationwide. For more than 27 years, we have been committed to superior technology and unparalleled customer support in the development and implementation of our payment processing solutions. For more information, please e-mail sales@systeminnovators.com, or visit the Web site at www.systeminnovators.com.

Back To Top Feb. 1, 2007

Contact: Jim Simak
Chief Executive Officer
System Innovators, Inc.
(904) 281-9090

People on the Move

System Innovators, Inc. promotes new management team

System Innovators, Inc. promoted Jim Simak to chief executive officer. Simak was vice president of operations with the company for more than two years and has 20 years of experience in management and software development. System Innovators, Inc. also promoted Kelley Langford to president. Mark Smart was promoted to chief financial officer. The new executive team has a combined experience of more than fifty years in advanced payment processing and revenue management solutions. Roger Nelson, founder and owner, stepped down as CEO and president but remains involved as chairman of the board of directors.

Based in Jacksonville, Fla., System Innovators, Inc. is the leading cashiering solutions expert for government agencies and utility companies nationwide. For more than 27 years, we have been committed to superior technology and unparalleled customer support in the development and implementation of our payment processing solutions. For more information, please e-mail sales@systeminnovators.com, or visit the Web site at www.systeminnovators.com.