Preo Provides Printelligence(TM) to TELUS Team Members

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES. 


Preo Software Inc. (TSX VENTURE:PKM) announced today it has entered into a
company-wide site license agreement with TELUS Communications. This 24 month
agreement, with an option for an additional 24 months, allows TELUS to deploy
Preo's Printelligence MPS to all TELUS Team Members across Canada to help reduce
the amount of paper used for printing.


"We are proud to be able to count TELUS, one of Canada's leading
telecommunications companies, as one of our largest customers," said Randy
Coates, Chief Operating Officer of Preo Software. "Our ability to help monitor
and manage geographically disparate end-user print is emphasized with a customer
like TELUS."


Printelligence's many strengths include its ability to create awareness of
wasteful print jobs within a company. Pop-up balloons communicate messages such
as: Your last print job cost $0.52, TELUS asks....did you really need to print
your email in colour? ....Corporate policy recommends printing jobs over 6 pages
in duplex. Please 'Think Green' next time....If this PowerPoint material is for
internal use, please consider printing in MONO to reduce your print expense.


The software also allows for tracking of print volumes and behaviors, enabling
companies to charge printing costs back to a specific department, thus driving
accountability within the business. Additionally, the software tracks print
volume per printer, allowing a company to identify low-use printers and pull
them out of service, thereby reducing total printer count and associated
maintenance costs.


Since 2006, TELUS has cut its annual paper consumption by almost 50 million
sheets of paper. TELUS is targeting a further 10 per cent reduction in paper in
2011 and Preo Software Inc. is committed to assisting TELUS achieve its goal.


"TELUS is pleased with both the environmental and financial benefits of
deploying Printelligence. The user data this software captures provides real
insight into our actual print behavior," said Steve Wekarchuk, director of TELUS
Client Technology Enablement. "But what is particularly attractive about this
software is its use will help us in our ongoing efforts to reduce paper
consumption across our entire company."


To learn more about TELUS' commitment to corporate social responsibility, please
visit www.telus.com/csr


About Preo(TM) Software 

Preo Software Inc. is the market leader in providing Print Knowledge Management
Systems (PKMS) to enterprises, select OEMs, and Managed Print Services providers
around the world. Printelligence(TM), the company's award winning flagship SaaS
offering, empowers users to optimize their print assets and reduce print
volumes, while yielding significant cost savings and reducing the environmental
footprint. 


Preo Software is a seven-year-old technology company maintaining offices in both
Canada and in the United States with products deployed in over 4,000
organizations worldwide. For more information, visit www.preosoftware.com.


About TELUS 

TELUS is a leading national telecommunications company in Canada, with $10.1
billion of annual revenue and 12.4 million customer connections including 7.1
million wireless subscribers, 3.7 million wireline network access lines and 1.2
million Internet subscribers and more than 400,000 TELUS TV customers. Led since
2000 by President and CEO, Darren Entwistle, TELUS provides a wide range of
communications products and services including data, Internet protocol (IP),
voice, entertainment and video. 


In support of our philosophy to give where we live, TELUS, our team members and
retirees will, by year-end 2011, have contributed $245 million to charitable and
not-for-profit organizations and volunteered 4.1 million hours of service to
local communities since 2000. Ten TELUS Community Boards across Canada lead
TELUS' local philanthropic initiatives. TELUS was honoured to be named the most
outstanding philanthropic corporation globally for 2010 by the Association of
Fundraising Professionals, becoming the first Canadian company to receive this
prestigious international recognition.


For more information about TELUS, please visit telus.com. To learn more about
TELUS' commitment to the community, please visit TELUS.com/community


This press release contains forward-looking information including but not
limited to future development plans and anticipated operations. These statements
are based on current expectations that involve a number of risks and
uncertainties, which could cause actual results to differ from those
anticipated. These risks include but are not limited to financing risks, risks
arising from volatility in the oil and gas industry and ongoing operational
risks.
Preo Software Inc. (TSXV:PKM)
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