Texada Software Inc. Announces Operating Results for the Quarter Ended March 31, 2012

Texada Software Inc. (TSX VENTURE:TXS), a versatile, multi-segmented business
operation encompassing construction and industrial equipment rental,
construction and industrial equipment sales and enterprise asset management
software, today announced its unaudited interim operating results for the
quarter ended March 31, 2012. Total revenue for the period was $4.0 Ml.,
compared with $1.1 Ml. for the quarter ended March 31, 2011. Adjusted EBITDA
(defined as net earnings (loss) for the period adjusted for depreciation,
amortization, interest, foreign exchange and stock based compensation)
accelerated to $0.52 Ml. compared to a loss of $0.06 Ml. in 2011. 


The Company had a net loss for the period of $0.41 Ml., compared to a net loss
of $0.17 Ml. in 2011. Operating expenses for the quarter ending March 31, 2012
increased to $3.18 Ml. from $1.01 Ml. for the quarter ended March 31, 2011 while
direct cost of revenue increased to $1.06 Ml. from $0.17 Ml. due to depreciation
expense rising to $0.68 Ml. for the current years' period, driven by capital
assets used in rental operations. 


"The Company continues to experience significant growth in all aspects of our
operations," stated Willie Swisher, Texada's CEO. He continued, "this is a
seminal moment for the Company; the exemplary first quarter results, the signing
of the exclusive LiuGong dealership in Houston, Texas and the debt refinancing
of our U.S. rental operations. We have the tools and the personnel in place to
continue taking these controlled growth steps and look forward to creating value
for all stake holders for the balance of 2012."


The following is a summary table of the financial results of the Company for the
period ended March 31, 2012.




----------------------------------------------------------------------------
Thousands of Canadian Dollars                  Three Months Ended March 31, 
(except per share amounts)                             2012            2011 
Revenue:                                                                    
  Rental                                             $2,560              $- 
  Software                                            1,442           1,102 
                                            --------------------------------
Total Revenue                                         4,002           1,102 
----------------------------------------------------------------------------
Operating Income (Adjusted EBITDA)                      520             (57)
Net Loss for the Period                               ($406)          ($166)
Net Loss per Share                                  ($0.007)        ($0.013)
----------------------------------------------------------------------------



More information can be found at www.sedar.com.

About Texada Software Inc. (TSX VENTURE:TXS)

Texada Software Inc., following the launch of its LiuGong dealership announced
on May 15, 2012, operates in three complementary businesses; construction and
industrial equipment rental, construction and industrial equipment distribution
and enterprise asset management software. 


The Company, through its wholly owned U.S. subsidiaries, is expanding its
presence in the construction and industrial equipment industry and conducts
business as Noble Rents, Inc. in Southern California and Noble Equipment, Inc.
in Houston, Texas. Noble Equipment, Inc. is the exclusive distributor of LiuGong
Construction Machinery equipment in Southeast Texas. 


The Company's enterprise software business, Texada Software, is the premier
provider of equipment asset management software solutions for equipment rental,
dealership and construction companies globally. Texada's solutions are available
both in-the-cloud or client-based, are scalable to meet the unique needs of any
sized operation and are backed by proven implementation, services and support.
Texada's market-driven software products combine knowledge and best practices
from over 5,000 users worldwide. 


Texada can be reached at 1-800-361-1233 or 1-519-836-7073, or at
www.texadasoftware.com.


This news release may contain forward-looking statements which reflect the
Company's current expectations regarding future events. The forward-looking
statements are often, but not always, identified by the use of words such as
"seek", "anticipate", "plan, "estimate", "expect", "intend" and statements that
an event or result "may", "will", "should", "could" or "might" occur or be
achieved and other similar expressions. These forward-looking statements involve
risk and uncertainties, including the difficulty in predicting acceptance of and
demands for new products, the impact of the products and pricing strategies of
competitors, delays in developing and launching new products, fluctuations in
operating results and other risks, any of which could cause results,
performance, or achievements to differ materially from the results discussed or
implied in the forward-looking statements. Many risks are inherent in the
industries in which the Company participates; others are more specific to the
Company. Texada's ongoing quarterly filings should be consulted for additional
information on risks and uncertainties relating to these forward-looking
statements. Investors should not place undue reliance on any forward-looking
statements. Management assumes no obligation to update or alter any
forward-looking statements whether as a result of new information, further
events or otherwise.
Texada Software Inc. (TSXV:TXS)
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