HYPHEN SOLUTIONS AND CONSTELLATION SOFTWARE INC. ANNOUNCE DISTRIBUTION AGREEMENT

HYPHEN SOLUTIONS AND CONSTELLATION SOFTWARE INC. ANNOUNCE DISTRIBUTION AGREEMENT

06-25-04 4:50PM EST

Hyphen Solutions, Ltd., a leading provider of schedule management technology for the homebuilding industry, and Constellation Software Inc., a provider of mission-critical software systems, today announced a distribution agreement between the two firms. Under the terms of the new pact, CSI will market and distribute Hyphen’s BuildPro scheduling solution to CSI’s homebuilding customers while providing support services for the companies’ mutual customers.

“Hyphen Solutions is delighted to have access to CSI’s strategic distribution channel and we look forward to a collaborative relationship,” said Mark Callin, Chief Executive Officer of Hyphen Solutions. “Hyphen and CSI are committed to making this relationship a success to ensure that their homebuilder clients realize significant value from the integrated product offerings.” Callin added that as a result of this collaboration, our mutual customers will be able to enjoy improved productivity, control and communication throughout their organizations.

Hyphen Solutions, Ltd. (www.hyphensolutions.com), based in Dallas, Texas, is an industry-leading technology company committed to building better connections between homebuilders and their suppliers. Hyphen’s proven, Internet-based products provide homebuilding professionals with easy, reliable daily access to their most vital information. Hyphen's two core products – Hyphen BuildPro and Hyphen SupplyPro – allow real-time, two-way scheduling collaboration between builders and their suppliers. With over 5000 system users and growing, Hyphen is quickly becoming the industry standard for schedule management, and the homebuilding industry’s newest power tool.

Constellation Software Inc. (www.csisoftware.com) acquires mission-critical, vertical market software companies in growing markets and builds these companies, via a combination of internal growth and subsequent acquisitions. CSI recently completed the acquisition of ERP Management – FAST, LLC and NewStar Systems, two of the leading software companies serving the homebuilding industry.

For more information about this release, please contact either Dexter Salna of CSI at 416/277-5561 or Mike Phillips of Hyphen at 972/728-8459.