PYXiS Software Group Announces the Acquisition of Innosoft Canada, Inc.

Toronto, Ontario, March 13, 2017 – PYXiS Software Group ("PYXiS"), a division of Jonas Software, is pleased to announce the acquisition of InnoSoft Canada Inc. (“InnoSoft”), the leading provider of campus recreation management software to the College and University market in North America.

“We are excited to welcome the InnoSoft team to the PYXiS family. InnoSoft and its flagship application, Fusion, represent strong additions to our growing group of companies serving the fitness, recreation, registration and membership management markets. Fusion leads the way in campus recreation, and our acquisition of InnoSoft is yet another demonstration of our commitment to the fitness market.” – Andrew Patton, Portfolio Manager at PYXiS Software Group.

Brian Foster, CEO of InnoSoft added, “Our acquisition by PYXiS provides our customers and our team with increased confidence that Fusion will continue to be the solution of choice for years to come. Fusion will always be a client-centric software that is focused on being the most innovative campus recreation solution available. With PYXiS, we now have access to world-class best practices and the financial strength to support the growing needs of our customers and the campus recreation market.”

About Innosoft Canada

InnoSoft is the leading provider of campus recreation management software to the University market in North America with world famous customers such as Wisconsin, Michigan, Western, Waterloo, Notre Dame, Florida, UCLA, Arizona State and many more. Over the years, InnoSoft has built strong products and services to help Colleges and Universities fully manage all aspects of their recreational facilities, so that student, faculty and staff members, as well as selected outside guests, have the ability to utilize facilities and sign up for various activities and leagues.

About PYXiS Software Group

PYXiS Software Group, a division of Jonas Software, is a buy-and-hold forever acquirer of vertical market software businesses. PYXiS operates independently managed software brands around the world, providing them with the strategic guidance and financial security required to be leaders in their respective markets.