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Constellation Software's Jonas Division Completes Acquisition of Shortcuts Software Limited

TORONTO, ONTARIO -- (Marketwired) -- 12/31/13 -- Further to its previous press release of November 27, 2013 in connection with its takeover offer of an appointment scheduling software provider, Shortcuts Software Limited ("Shortcuts"), Constellation Software Inc. ("Constellation") (TSX: CSU) today announced that its Jonas division has completed the acquisition of all of the outstanding shares of Shortcuts.

About Shortcuts:

Shortcuts is the leading global standard in smart salon technology, working with over 14,000 clients worldwide. Shortcuts solutions are tailored to suit the needs of its clients - from large franchised chains through to single site businesses in the hair, spa, school and walk-in industries. Constantly updating its products to meet the changing needs of the market, Shortcuts' software is supported by the largest research and development team in the industry. Shortcuts' technologies are currently used in 45 countries around the world.

About Jonas Software:

Jonas is a leading provider of enterprise management software solutions to a number of industries, including a strong and growing presence in many hospitality and leisure related verticals. Jonas now has over 40,000 customers, in over 40 countries worldwide. Jonas' focus is on creating long term relationships with our customers and ensuring that we meet and exceed their software and service needs.

About Constellation Software Inc.

Constellation's common shares are listed on the Toronto Stock Exchange under the symbol "CSU". Constellation acquires, manages and builds vertical market software businesses.

Gary Jonas Computing Ltd.
Barry Symons
Chief Executive Officer

Constellation Software Inc.
Jamal Baksh
Chief Financial Officer

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