Preo Software Inc.: News Release

PREO SOFTWARE INC. (the "Corporation") (TSX VENTURE:PKM) announces that Mr. Ted
Redmond has resigned from the board of directors. "Mr. Redmond was one of the
original directors of the Corporation and on behalf of the rest of the board of
directors, I would like to thank Ted for his contributions and dedication, and
wish him all the best in his future business ventures", commented Gary McCone,
President of the Corporation. 


The Corporation also announces that David Cameron has been appointed as an
interim director. Mr. Cameron has over 14 years of senior experience with
technology companies such as Texas Instruments (Production Engineering), IBM
Global Services (Consultant) and Dell (Production Development, Engineering,
Strategist). From 2009 to March, 2011, Mr. Cameron was the founder and Chief
Operating Officer for Photizo Group, a business development company. Since
April, 2011, Mr. Cameron has been operating Cameron Consulting Group, a market
research and consulting company in the print management space. 


The Corporation has granted Mr. Cameron options to purchase 30,000 shares at an
exercise price of $0.10. The options are subject to the terms of the
Corporation's Stock Option Plan and approval of the TSX Venture Exchange.


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
(Software as a Service) 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. For more information, visit
www.preosoftware.com.


This press release shall not constitute an offer to sell or the solicitation of
an offer to buy nor shall there be any sale of the securities in any state of
the United States or any other jurisdiction outside of Canada in which such
offer, solicitation or sale would be unlawful. The securities have not been
registered under the U.S. Securities Act of 1933, as amended, or any state
securities laws and may not be offered or sold in the United States absent
registration or an applicable exemption from the registration requirements of
the U.S. Securities Act of 1933 and applicable state securities laws.

Preo Software Inc. (TSXV:PKM)
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