Texada Software Inc.
TSX VENTURE : TXS

Texada Software Inc.

February 08, 2010 16:31 ET

Mortenson Construction Successfully Deploys Texada Software's Systematic Asset Management System Throughout Its North American Equipment Facilities

GUELPH, ONTARIO--(Marketwire - Feb. 8, 2010) - Texada Software Inc. ("Texada") (TSX VENTURE:TXS) announced today that Mortenson Construction (ranked 22nd in Engineering News Record "ENR" 2009 Top 400 Contractors listing) has successfully deployed Texada's Systematic Asset Management system within their Equipment Facility network to manage their construction assets throughout North America.

Mortenson performed a detailed evaluation process which initially started with 12 Asset Management software vendors prior to the eventual selection of Texada. The key business drivers for Mortenson were the focus on construction asset management, the ability to provide rental house functionality, and willingness to provide Mortenson with key Texada support members that grew to understand the Mortenson business model. In addition, Texada fully understood the need for seamless integration with Oracle's ERP solution.

"As part of Mortenson's continuous improvement process, we put a group of key Team Members together from all stakeholder groups to design and configure the product we needed. Our goal was to standardize and automate functions across all of Mortenson's Equipment Facilities, replacing manual efforts wherever possible. With the implementation of the SRM Software System, Mortenson is positioned to manage inventory of company owned assets, consumables, equipment maintenance records, equipment utilization and schedules, rental contracts, and services to our project sites. These consistent processes and new functionality will deliver a higher level of service to our customers, resulting in higher utilization of the equipment we manage. Texada's team and solution aligned well with Mortenson's goals," said Edgar Butsch, Director of Equipment Operations for Mortenson's Construction. "Texada took the time to understand our needs and then helped us deliver on our commitment to provide an integrated solution" commented Cole Orndorff, CIO of Mortenson's Construction.

"We are very pleased with the mutual effort over the last number of months working closely with the Mortenson's team and are proud to have them part of the Texada family", said Brian Spilak, President and CEO of Texada. "Mortenson's Construction is a first class organization with a clear vision, focused on improving internal processes and utilization of their fleet. We look forward to a mutually beneficial partnership from deployment, continuing on with further development and long term focus on asset tracking solutions with in the Construction Asset Management space".

About Mortenson Construction

Founded in 1954, Mortenson Construction is a U.S. based, family-owned construction company. As one of the nation's top builders, Mortenson provides a complete range of services, including planning, program management, preconstruction, general contracting, construction management, design-build, and turn-key development.

Mortenson has offices in Chicago, Denver, Milwaukee, Minneapolis, Phoenix, and Seattle with international operations in Canada and China.

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 on the internet at www.texadasoftware.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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