Texada Software Inc.
TSX VENTURE : TXS

Texada Software Inc.

December 01, 2006 17:23 ET

Texada Software Inc.: Press Release

TORONTO, ONTARIO--(CCNMatthews - Dec. 1, 2006) - Texada Software Inc., ("Texada") (TSX VENTURE:TXS) -

Texada employee share issue.

Texada Software Inc. today announced the issue of common shares under a program whereby employees and management of the company can elect to receive Texada common shares in exchange for services. As of December 1, 2006, the company has issued 1,592,275 common shares under an approved TSX "Texada Shares for Services Plan" in respect of various services provided up to October 31, 2006 at the shares' market price on October 31, 2006 of 7 cents less a 25% discount permissible under the plan. This plan allows Texada employees and management to extend their participation in the company in a manner consistent with the interests of all Texada shareholders.

About Texada Software (TXS: TSX Venture Exchange)

Texada Software, a publicly held North American corporation, is a premier provider of Enterprise Rental Management Systems. With world-wide offices and over 400 customers, its technology-driven software products have been specifically designed to provide solutions for the equipment rental enterprise, and are fully scalable to meet the needs of any size operation. Texada can be reached at 1-800-361-1233 or +1 519-836-7073. 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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