Gary Jonas Computing Ltd. Acquires Club Systems Group

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Gary Jonas Computing is pleased to announce it has reached an agreement to acquire Club Systems Group (CSG) of Jenkintown, PA. Pending normal closing conditions, the transaction is expected to be completed by January 31st, 2005.

Gary Jonas Computing is pleased to announce it has reached an agreement to acquire Club Systems Group (CSG) of Jenkintown, PA. Pending normal closing conditions, the transaction is expected to be completed by January 31st, 2005.

Gary Jonas Computing Ltd. is a member of the Constellation Software Inc. group of companies. Constellation Software is located in Toronto, Ontario and is a conglomerate of vertical market software (VMS) companies.

Club Systems Group is a leading provider of software to the Private Club industry in the United States. The addition of Club Systems Group adds approximately 1,700 clients to the existing Jonas Company. The combined North American customer base of Jonas and CSG will be approximately 3,500 customers/clients. Brock Philp, CEO of Jonas commented, “CSG has been a long standing leader in the U.S. Golf and Private Club industry. I am pleased to welcome both the employees and clients to the Jonas and Constellation family. In keeping with the Constellation philosophy of “Software for Life” we will continue to support, develop and enhance the CSG product line. The combined company will offer customers an unparalleled combination of consultative talent, market knowledge, a breadth of products, services and technology that are sure to deliver value. This acquisition is a reflection of the Jonas Company’s continued commitment to the Golf and Private Club industry.”

Club Systems Group will operate as a business unit of Gary Jonas Computing Ltd. and will continue to serve its existing customer base from their head-office in Jenkintown, PA.

About Gary Jonas Computing

Gary Jonas Computing Ltd. (Jonas), located in Richmond Hill, Ontario is the leading technology partner for over 1800 clubs across North America and the U.K. Jonas Software Solutions enable clubs to leverage computers and information systems to offer more services, enhance existing ones and allow management to make better decisions. Jonas is a fully integrated system that automates every aspect of clubhouse operations from accounting to tee times.

About Club Systems Group

Club Systems Group (CSG) is a leading provider of club management software and computer equipment solutions in the private club industry, with over 1,700 current installations in the U.S.

Media Contact

Jeffrey Yee

Marketing Coordinator

Gary Jonas Computing

125 Mural Street, Suite 100

Richmond Hill, Ontario

Canada

L4B 1M4

Tel: 1-800-352-6647 x2377

Fax: 1-905-763-0527

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Jeffrey Yee
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