Constellation Software Inc. ("Constellation") (TSX:CSU) announced today that it
has completed, through its wholly-owned subsidiary Constellation Homebuilders
Systems ("CHS"), the acquisition of the shares of Ibcos Holdings Ltd ("Ibcos")
from the principal shareholders (Ibcos Holdings Ltd is the parent company of
Ibcos Computers Ltd).


"Ibcos is the market leading provider of dealer management software for the
Agricultural, Construction, and Horticultural Machinery Dealer vertical markets
in the United Kingdom and Ireland. Ibcos will join Constellation's Dealership
Software Group which is comprised of several leading software products designed
specifically for dealerships. With the addition of Ibcos, over 2,000 dealerships
will use one or more of our software products to make their dealership more
successful," said Dexter Salna, President of CHS. 


"The acquisition of Ibcos helps extend the Dealership Group's footprint into a
new geography. We welcome the employees, customers and products into the
Constellation family," said Daniel Zinman, Vice President of Constellation's
Dealership Software Group.


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. 


For more information, visit: www.csisoftware.com or www.constellationdealer.com.

About Ibcos: 

With headquarters in Poole, Dorset, United Kingdom, Ibcos was established in
1979 and has built a reputation as an industry leading provider of Dealer
Management Systems to the Agricultural, Construction, and Horticultural
Machinery Dealer industries across the UK and Ireland. Ibcos provides a fully
integrated suite, Ibcos Gold, which offers complete scalability from single user
systems to multi-depot, multi-company systems with hundreds of users. Ibcos'
continued involvement in these vertical markets has resulted in strong
relationships with many of the manufacturers and importers/distributors. 


For more information, visit www.ibcos.co.uk.

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