Texada Software Inc.
TSX VENTURE : TXS

Texada Software Inc.

August 29, 2005 16:15 ET

Texada Software Announces Results for the Second Quarter of 2005, Additions to the Board of Directors

TORONTO, ONTARIO--(CCNMatthews - Aug. 29, 2005) - Texada Software, ("Texada") (TSX VENTURE:TXS), announces today its financial results for the second quarter ending June 30, 2005. Texada also announced changes and additions to the board of directors.

Texada announced that Don Whitbeck, CEO and Steve Lamb have been nominated to the board of directors. The company also announced that Richard Paquette has taken over as Chairman from Willie Swisher, who remains on the board.

The Company generated total revenues of $918,371 for the three-month period ending June 30, 2005 resulting in an operating income / (loss) before amortization, interest expense, foreign exchange and income taxes of ($102,995). These results compared to total revenues of $1,123,431 and an operating income before amortization, interest expense, foreign exchange and income taxes of $5,092 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) June 30, 2005 June 30, 2004
---------------------------------------------------------------------
Revenue 918,371 1,123,431
Operating income / (Loss) (102,995) 5,092
Income / (Loss) for the period (289,443) (164,095)
Income / (Loss) per share (0.01) (0.01)


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 Centers use Texada software to manage almost all aspects of their equipment rental business. For more information, visit 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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