Constellation Software Acquires Auriga Communication Systems Ltd.
June 02, 2010 - Toronto, Ontario
Constellation Software Inc. (“Constellation”) (TSX:CSU) announced today that its wholly-owned subsidiary, Trapeze Software Inc. (“Trapeze”) has acquired the assets of Auriga Communication Systems Ltd. from Tait Europe Limited, a subsidiary of the Tait Radio Communications Group of New Zealand. The acquisition adds Auriga’s market leading taxi and private hire management software solutions to the Trapeze enterprise solution portfolio.
Peter Bell, Managing Director of Trapeze’s operations in the United Kingdom, commented: “We are very excited by the acquisition of Auriga. It forms a key part of our strategy to expand our transport software offering in the UK beyond the bus and local authority market. Given the interaction of taxi operations with social and educational transport in the local authority market, this is an obvious next step for us.”
"Auriga has always been very committed to providing sustainable, long-term value to our customers," commented Michael Ross, General Manager, Auriga. "We are thrilled to become part of Trapeze and are excited by the potential the combination of our people and offerings could bring to our customers and the industry as a whole.” “Trapeze shares Auriga’s strong customer focus and commitment. This is a great combination for Auriga and we wish them well as part of Trapeze,” remarked Frank Owen, Managing Director of Tait Radio Communications.
About Trapeze Software Inc.
Trapeze delivers solutions that consider the full 360 degrees of passenger transport. Whether addressing the needs of a single department, an entire organization, or the community, Trapeze provides some of the most advanced software, intelligent transportation systems and mobile technologies in the industry. Hundreds of government and commercial organizations across North America, Europe and Asia Pacific have turned to Trapeze to realize efficiencies, enhance the quality and scope of their services, and safely transport more people with less cost. For further information on Trapeze Software Inc., please visit [url=http://www.trapezegroup.com]http://www.trapezegroup.com[/url], or call 905-629-5297.
About Constellation Software Inc.
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.
For further information, contact:
John Billowits, Chief Financial Officer, Constellation Software Inc.
Tel: (416) 861-2279