Miami, FL – January 9, 2008

Emphasys Software (“Emphasys”) announced today that it has completed the acquisition of SettlementRoom Systems, Inc. (“SettlementRoom”). SettlementRoom offers solutions for real estate closing processes to create streamlined and smooth communication between parties.

Emphasys will continue to provide support to all of the SettlementRoom customers, leveraging SettlementRoom’s existing staff located in Vienna, VA.

“We welcome the SettlementRoom customers and employees to the Emphasys family. We believe that SettlementRoom’s strong settlement suite can have a tremendous impact on many other organizations within the real estate industry. We are excited to work with the over 100,000 registered users of SettlementRoom to expand on the already strong value they receive from the product,” said Mike Byrne, CEO of Emphasys.

About Emphasys:
Emphasys is a wholly owned subsidiary of Constellation and is a leading provider of real estate management, financial and compliance software solutions. Emphasys provides market leading solutions to organizations such as Public Housing Authorities and State Housing Finance Agencies. For further information on Emphasys Software, visit www.emphasys-software.com, or call 800-968-6884.