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Abstract
(Marketwire - Dec. 3, 2012) - Constellation Software Inc. ("Constellation") (TSX:CSU) today announced that its wholly-owned division, Constellation Homebuilder Systems ("CHS") has purchased 100% of the shares of Z57, Inc. ("Z57"). The acquisition further expands Constellation's market presence in online marketing for residential real estate agents.
"We are very optimistic about our new parent, Constellation Software", said Ryan Whitlock, CEO of Z57, Inc. "Constellation's experience in the real estate market will strengthen Z57's opportunity to grow its products for our current and future clients. It's a strong strategic move for us."