HARRIS ANNOUNCES FINALIZATION OF THE PURCHASE OF MUNICIPAL SOFTWARE CORPORATION
July 18, 2008
OTTAWA, ONTARIO—July 18, 2008 —Harris Computer Systems (“Harris”), a leading provider of financial, customer and student information management software solutions for utilities, local governments and schools, today announced that it has completed the purchase of substantially all of the assets of Municipal Solutions Group (“MSG”) (TSX VE:MSZ), including the shares of its wholly-owned operating subsidiary, Municipal Software Corporation (“MSC”) (but excluding those assets which constitute MSG’s “Local Government Manager” product). Further details of the transaction were disclosed in a news release of June 3, 2008 at the time Harris entered into an acquisition agreement to acquire MSG. Full Story...