Constellation Software Inc., Acquires The Enterprise and the Homebuilder Web Development Group Assets from MOVE, Inc.

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Toronto, Ontario, August 4, 2009 – Constellation Software Inc. (“Constellation”) (TSX: CSU) announced today that it has completed, through its wholly-owned subsidiary Constellation HomeBuilder Systems (“CHS”), the acquisition of certain assets and liabilities of the Enterprise and the Homebuilder Web Development Group (“The Enterprise”) from Move, Inc. (Nasdaq: MOVE), the leader in online real estate.

The Enterprise, based in Milwaukee, WI, develops custom Web sites for real estate brokerages and homebuilders.  Product offerings include web development, interative voice response (IVR/Hotline) systems, and television production solutions.

“We are pleased to add the The Enterprise to the CHS family of technology solutions,” commented Dexter Salna, President of CHS.  “We will continue to build on The Enterprise’s strong, well established customer base and flagship product line.”

About Constellation:

Constellation’s common shares are listed on the Toronto Stock Exchange under the symbol “CSU”.  Constellation Software in 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.

About Move, Inc.:

Move, Inc. (NASDAQ:MOVE) is the leader in online real estate with 8.3 million(1) monthly visitors to its online network of websites.  Move, Inc. operates: Move.com, a leading destination for information on new homes and rental listings, moving, home and garden and home finance; REALTOR.com, the official Web site of the National Association of REALTORS; Moving.com; SeniorHousingNet.com; and Top Producer Systems.  Move, Inc. is based in Westlake Village, California.

For futher information, contact:

John Billowits
Chief Financial Officer, Constellation Software Inc.
(416) 861.2279
info@csisoftware.com
www.csisoftware.com

One Response to “Constellation Software Inc., Acquires The Enterprise and the Homebuilder Web Development Group Assets from MOVE, Inc.”

  1. Production and Accounting Software for Home Builders » Blog Archive » Constellation Web Solutions - A New Opportunity for Home Builders Says:

    [...] Constellation HomeBuilder Systems announced the asset purchase of The Enterprise from move.com and we wanted to take a minute to introduce this offering to home builders and especially our [...]

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