Preo Software Inc.

Preo Software Inc.

May 31, 2012 09:30 ET

Preo Receives Managed Print Services Industry Recognition

CALGARY, ALBERTA--(Marketwire - May 31, 2012) -


Preo Software Inc. (TSX VENTURE:PKM) is pleased to announce that it has been recognized by the Managed Print Services Association (MPSA) by winning the Award for Leadership in the Software Provider category.

The Managed Print Services Association (MPSA) announced six winners of the 2012 MPSA Leadership Awards in different categories. Leaders are honored for strategic creativity and operational excellence. The awards were presented May 25th at the TRANSFORM 2012 Conference at a special lunch hosted by the MPSA, a Gold Sponsor of the industry event.

Through the awards program, now in its fourth year, the MPSA promotes best practices and innovation as demonstrated by leaders in this market. "The selection process showed the high level of customer service and best practice, as companies look for innovative ways to help customers reap the full value of MPS. Clearly, the MPS customer is the ultimate beneficiary of the best practices represented by these winners," said Robert Newry, Awards Chairman and MPSA Board Member.

"A ground-breaking and successful MPS related project or product is only the starting point for an award-winning entry," said Robert Newry. "The more difficult task is showing how and why a program or service for the MPS market space was successful, ground-breaking or outstanding. The winners in all these categories all documented a compelling story of why they deserved to win."

Preo's award-winning cloud-based application showcased its unique ability to enable an MPS provider to use end-user print data to gain insights into print practices. Leveraging this business intelligence they are able to transform every step of an MPS engagement from initial assessment through to quarterly business reviews. Dealer testimonials substantiated how using Preo's solution led to immediate differentiation and wins.

Commenting on the award, Greg Walters, President, MPSA said "Preo demonstrates the best of the MpS ecosystem with cutting edge software, an expansive knowledge base and superior 'people-centric' approach. It was an honor evaluating their entry and speaking with some of their end users. Congratulations."

Gary McCone, President of Preo went on to say, "We are grateful to the MPSA for honoring us with the leadership award in the software category. Our team is very proud of the value we are providing with Printelligence v4 to the global MPS ecosystem as the platform for cloud-based user-centric print data."

About Preo Software

Preo™ Software Inc. is the market leader in providing Print Knowledge Management Systems to enterprises, select OEMs, and Managed Print Services providers around the world. Printelligence™, the company's award winning flagship cloud-based offering, empowers users to optimize their print assets and reduce print volumes, while yielding significant cost savings and reducing the environmental footprint. Printelligence has been deployed in over 5,000 organizations worldwide.

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.

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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