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Chicago Transit Authority (CTA) Board Approves Contract with Trapeze Group, a Subsidiary of Constellation Software's Volaris Group, for Provision of Modern Timekeeping System(June 14, 2012)
TORONTO, ONTARIO -- (Marketwire) -- 06/14/12 -- Constellation Software Inc. (TSX:CSU) today announced that the Chicago Transit Authority (CTA) Board has approved a significant contract with Trapeze Group, a subsidiary of its wholly-owned subsidiary, Volaris Group Inc., for the provision of a modern timekeeping system for its bus, rail and maintenance operations.
The CTA operates the second largest public transportation system in the United States and covers the City of Chicago and 40 surrounding suburbs. On an average weekday, approximately 1.6 million rides are taken on the CTA.
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.
About Trapeze Group
Trapeze delivers solutions that consider the full 360 degrees of passenger transport. Whether addressing the needs of a single department, an entire organization, or the community, Trapeze provides some of the most advanced software, intelligent transportation systems and mobile technologies in the industry. Hundreds of government and commercial organizations across North America, Europe and Asia Pacific have turned to Trapeze to realize efficiencies, enhance the quality and scope of their services, and safely transport more people with less cost. For further information on Trapeze Group, please visit www.trapezegroup.com, or call 905-629-5297.
About Volaris Group
Volaris acquires, strengthens and grows vertical market technology companies enabling them to be clear leaders within their focused industry. Volaris companies provide specialized, mission-critical solutions to vertical markets around the world including Agri-Food, Asset Management and Logistics, Justice and People Transportation. Volaris is an operating group of Constellation Software Inc. Learn more at www.volarisgroup.com, or call 905-629-5297.
Constellation Software Inc.
Chief Financial Officer
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