RenoWorks Software Inc.
TSX VENTURE : RW

RenoWorks Software Inc.

July 25, 2005 16:39 ET

RenoWorks Raises $250,500

CALGARY, ALBERTA--(CCNMatthews - July 25, 2005) -

NOT FOR DISSEMINATION INTO THE UNITED STATES OR TO UNITED STATES WIRE SERVICES

RenoWorks Software Inc. (TSX VENTURE:RW) is pleased to announce that, subject to receipt of final acceptance from the TSX Venture Exchange, it has closed a non-brokered private placement financing for gross proceeds of $250,500. Pursuant to the private placement financing, a total of 1,473,529 common shares of RenoWorks Software Inc. were issued to arms length investors at a price of $0.17 per share. The common shares shall be restricted from trading until November 26, 2005.

About RenoWorks Software Inc.:

RenoWorks Software Inc. (www.renoworks.com) develops visualization sales tools for the new home construction and remodeling industries. RenoWorks "Picture the Difference" software uses digital imaging to showcase exterior building products on a picture of the customer's home. The software provides a "before and after" digital image of the exterior of a home using a database of manufacturers' products. Currently, RenoWorks has over 25 manufacturers available in its Product Download Center. The software offers new homebuilders, remodeling professionals, building product manufacturers, suppliers and architects a cost-effective tool to help generate sales.


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