Preo Software Inc.

Preo Software Inc.

December 01, 2010 12:26 ET

Preo Software Inc.: Issuance of Options

CALGARY, ALBERTA--(Marketwire - Dec. 1, 2010) - PREO SOFTWARE INC. (the "Corporation") (TSX VENTURE:PKM). The Corporation announces that an aggregate of 1,043,470 options to purchase common shares at a purchase price of $0.22 have been granted to certain officers, directors and employees. The options have a term of 4 years and 12.5% of the options will vest every 6 months commencing on January 1, 2011. The remaining terms of the options will be in accordance with the Corporation's form of Stock Option Plan approved by shareholders on May 31, 2010.

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

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