Csw Industrials, Inc. (NASDAQ:CSWI)

WEB NEWS

Wednesday, April 4, 2012

Going Private News

EASLEY, SC--(Marketwire - Apr 3, 2012) - Computer Software Innovations, Inc. (OTCBB: CSWI), CSI Technology Outfitters™ ("CSI" or the "Company") today acknowledged that it is in receipt of a non-binding letter from Constellation Software Inc. ("Constellation") proposing to acquire all of the Company's outstanding common and preferred stock, and outstanding options to acquire such shares, in a recommended cash tender offer at a price per share of US$1.00. Consistent with its fiduciary duties to act in the best interests of the Company and its stockholders, and in consultation with its independent financial and legal advisors, the Board of Directors of CSI will review Constellation's proposal and respond in due course.

The Company advises stockholders that they need not take any action at this time in response to Constellation's letter.

Hyde Park Capital Partners, LLC is acting as financial advisor and Smith Moore Leatherwood LLP and Dewey & LeBoeuf LLP are acting as legal counsel to CSI.



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