Texada Software Inc. Announces Operating Results for the Three and Six Months Ended June 30, 2011

Texada Software Inc. ("Texada") (TSX VENTURE:TXS), the premier provider of
equipment rental and mobile asset management software, announces today its
unaudited interim financial results for the three and six months ended June 30,
2011. 


For the quarter ended June 30, 2011, the Company generated total revenues of
$1.2 Ml. and a net loss of $0.11 Ml. Adjusted EBITDA (defined as net earnings
(loss) for the period adjusted for amortization, accretion on convertible debt,
interest expense, foreign exchange, and stock based compensation expense) was a
loss $0.02 Ml. These results compare to total revenues of $1.12 Ml., net
earnings of $0.14 Ml. and an Adjusted EBITDA of $0.19 Ml. in 2010. 


Revenue for the quarter increased by $0.08 Ml. or 7.3% compared to 2010. The
proportion of total revenue from licenses increased in the current year
resulting in an improvement in gross profit of $0.11 Ml. compared to 2010.
Operating expenses increased by $0.29 Ml. in 2011 with strategic initiative
expenses comprising $0.23 Ml. of this increase.


For the six month period, the Company incurred a net loss of $0.27 Ml. compared
with net earnings of $0.29 Ml. in 2010. Revenue and gross profit in the period
were consistent with the same period in 2010. Operating expenses increased by
$0.48 Ml. with strategic initiative expenses accounting for $0.34 Ml. of this
change from 2010.


"Excluding the effect of the Company's strategic initiative, our operating
performance during the first six months of 2011 was relatively consistent with
2010", said President Brian Spilak. "We did see some increases in support and
research development expenses which we had envisaged in our plan for the current
year. We continue to see opportunities in the market for the balance of 2011 and
with our strong foundation of industry leading technology, personnel and
customers we look forward to improving our operating results in future
quarters."


"We are very excited by the opportunities identified in our August 2, 2011 press
release and look forward to closing those transactions over the balance of the
current quarter" said William Swisher, the Company's CEO. He continued, "we look
forward to continuing to working with our existing customer base and to the
mutually beneficial results we anticipate from our vertical integration into the
equipment rental and dealership businesses."


The Company's financial results for the period are presented below:



----------------------------------------------------------------------------
Thousands of Canadian                Three Months                 Six Months
 Dollars                           Ended June 30,             Ended June 30,
(except per share                                                           
 amounts)                                                                   
----------------------------------------------------------------------------
                               2011          2010         2011          2010
----------------------------------------------------------------------------
Revenue                    $  1,198      $  1,117     $  2,300      $  2,321
----------------------------------------------------------------------------
Operating Income                                                            
 (Adjusted EBITDA)              (19)          189          (76)          416
----------------------------------------------------------------------------
Net Earnings (Loss)                                                         
 for the Period            $   (107)     $    136     $   (274)     $    288
----------------------------------------------------------------------------
Net Earnings(Loss) per                                                      
 Share                     $  (0.08)     $  0.016     $ (0.021)     $  0.033
----------------------------------------------------------------------------



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

About Texada Software Inc. (TSX VENTURE:TXS)

Texada Software Inc. is the premier provider of enterprise software solutions
for equipment rental and mobile equipment. Texada's solutions are fully flexible
and 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, resulting in solutions that manage the complete
asset life-cycle from acquisition through to disposal. The Company's customers
enjoy the many benefits of this enhanced efficiency through better asset
utilization, effective location tracking, and optimized scheduling. 


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
industry; others are more specific to the Company. Investors 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.
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