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Kestral Acquires LRS Health

March 2013
Melbourne, Australia, February 28, 2013 – Jonas Software (“Jonas”) announced today that it has completed, through its wholly owned subsidiary Kestral Computing Pty Ltd (“Kestral”), the acquisition of LRS Health.

LRS Health is a leading developer of Laboratory Information Management Systems, Hospital Enterprise-Wide Billing software and Secure Electronic Messaging software for the healthcare industry. Based in Victoria and established in 1988, LRS Health develops a suite of efficient software solutions offering Laboratory Information Management Systems, Hospital Wide Billing Systems and SMD Compliant Secure e-communications capabilities. LRS Health products are utilised within public and private businesses across Australia and the UK.

As a result of the purchase, LRS Health and Kestral will operate as a combined entity and will continue to develop, enhance and market their Pathology industry software solutions. Kevin Moynihan becomes the CEO of both Kestral and LRS Health and will oversee the operation of the newly aligned companies. Andrew Edgley will remain with the business and work closely with Kevin.

Barry Symons , CEO Jonas Software states, “the acquisition of LRS Health complements our Kestral business and product portfolio. The LRS Health product offering will enable us to further grow our already-strong presence in the pathology market throughout Australia and New Zealand.”

“The transaction will benefit both Kestral and LRS Health as both parties will now work together in developing market leading solutions for the Pathology market. We are proud to be able to offer both Kestral and LRS Health customers the same high quality Pathology solutions and the same excellent level of customer service they have come to expect from both companies.” said Kevin Moynihan, CEO of Kestral and LRS Health.

For more information on LRS Health, and Jonas Software visit their respective websites via the links provided.

About Kestral

Kestral is an Australian operated organisation located in Perth, Melbourne, Sydney and Auckland and is part of the global Jonas Software group. Kestral is a market leader with more than twenty years' experience providing innovative digital solutions to the Australian and international Healthcare industry, encompassing Pathology and Radiology.

About Jonas

Jonas Software is the leading provider of enterprise management software solutions to ten vertical markets, including but not limited to Radiology/Laboratory Information Systems, Construction, Leisure, Fitness & Sports and Education. Within these vertical Jonas boasts 38 distinct brands, all of which are respected and longstanding leaders within their own domain. Jonas is an operating group of Constellation Software Inc.

About Constellation

Constellation’s common shares are listed on the Toronto Stock Exchange under the symbol “CSU”. Constellation Software acquires, manages and builds vertical market software businesses that provide mission-critical software solutions. Further information about Constellation may be obtained from its website at www.csisoftware.com.


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