TORONTO, March 7 /CNW/ - Constellation Software Inc. ("Constellation" or
the "Company") (TSX: CSU) today declared an annual dividend of US$0.15 per
share, payable on March 30, 2007 to all common shareholders and class A
non-voting shareholders of record at the close of business on March 19, 2007.
"We are pleased to continue our tradition of paying dividends to our
shareholders," said Mark Leonard, President of Constellation. "Since 2002, we
have paid distributions to our shareholders on an annual basis. Our objective
is to continue to pay annual dividends to our shareholders."
Pursuant to the Company's final prospectus for its initial public
offering, Constellation intends to pay annual dividends in the future, subject
to approval by the Board of Directors and based on financial results.
The above-mentioned dividend is designated as an "eligible" dividend for
the purposes of the Income Tax Act (Canada) and any similar provincial
Constellation's final prospectus is available at www.sedar.com.
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.
Forward Looking Statements
Certain statements herein may be "forward looking" statements that
involve known and unknown risks, uncertainties and other factors that may
cause the actual results, performance or achievements of Constellation or the
industry to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking statements. These
statements reflect current assumptions and expectations regarding future
events and operating performance and speak only as of the date hereof. Forward
looking statements involve significant risks and uncertainties, should not be
read as guarantees of future performance or results, and will not necessarily
be accurate indications of whether or not such results will be achieved. A
number of factors could cause actual results to vary significantly from the
results discussed in the forward looking statements. These forward looking
statements are made as of the date hereof and Constellation assumes no
obligation to update any forward looking statements to reflect new events or
For further information:
For further information: Barry Symons, Chief Financial Officer, (416)
861-2279, email@example.com, www.csisoftware.com