Texada Software Inc.

Texada Software Inc.

May 31, 2005 14:10 ET

Texada Software Announces Results For The First Quarter of 2005

TORONTO, ONTARIO--(CCNMatthews - May 31, 2005) - Texada Software (TSX VENTURE:TXS), announces today its financial results for the first quarter ending March 31, 2005.

The Company generated total revenues of $1,028,727 during the three-month period ending March 31, 2005 resulting in an operating income before amortization, interest expense, foreign exchange, severance payments and income taxes of $90,340. These results compared to total revenues of $1,063,372 and an operating income before amortization, interest expense, foreign exchange and income taxes of $148,371 for the same period in 2004. The Company's financial results are presented below:

Three Months Three Months
Thousands of Cdn. Dollars Ended Ended
(except per share amounts) March 31, 2005 March 31, 2004
Revenue $1,029 $1,063
Operating income 90 148
Loss for the period (125) (52)
Loss per share $(0.00) $(0.00)

About Texada Software

Texada provides complete Enterprise Asset Management Software primarily to the Equipment rental industry. Over 400 customers worldwide, including Volvo Rents and Stephenson's Rental Centres use Texada software to manage almost all aspects of their equipment rental business. For more information, visit http://www.texadasoftware.com .

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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