Texada Software Inc.
TSX VENTURE : TXS

Texada Software Inc.

February 25, 2011 17:14 ET

Texada Software Launches A SaaS Subscription Model for Its Industry Leading Systematic Rental Management System

GUELPH, ONTARIO--(Marketwire - Feb. 25, 2011) - Texada Software Inc. ("Texada") (TSX VENTURE:TXS) announced today that it has launched a Software-as-a-Service ("SaaS") subscription deployment option for its industry leading Systematic Rental Management ("SRM") system. With over 25 years of experience helping rental and construction operations improve their asset management and customer facing operations, Texada has incorporated its feature rich rental application into this new SaaS offering.

The Texada SRM SaaS subscription option allows organizations to benefit from the expertise of the trusted and experienced Texada team without the need for additional internal resources. It includes all the infrastructure, software, hardware, and connectivity that a rental or construction operation requires to reap the benefits of the SRM system. The solution is delivered by Texada through a highly resilient, robust and secure hosting platform.

Brian Spilak, President at Texada comments, "We're pleased to be able to extend our deployment options for the SRM system as we know that it can sometimes be a difficult decision for an organization to commit to a full-scale on premise solution. The new SRM SaaS deployment helps reduce customer's overall operational IT costs while offering superior scalability, security and business continuity assurance."

Texada also announced that it has successfully deployed its first customer within the SRM SaaS environment. Cooper Equipment Rentals ("Cooper"), a leading construction equipment independent rental operation in Ontario, went live on the SRM SaaS application earlier this month.

"SaaS affords us all the benefits of the latest SRM software, without the hassle of owning, leasing, maintaining, upgrading, and backing up on our own servers. SaaS allows us to focus on what we do best – providing Equipment Rental Solutions to our customers – and leave IT systems management to the professionals", says Doug Dougherty from Cooper.

About Cooper Equipment Rentals

Serving the construction and industrial sector in the Greater Toronto Area since 1972, Cooper Equipment Rentals is a mid-sized independently-owned rental service company. Cooper's main focus is on providing compact equipment solutions to construction and industrial users working in an urban environment within the GTA. The client base includes private companies as well as large utility and institutional accounts.

About Texada Software Inc. (TSX VENTURE:TXS)

Texada Software Inc. is the premier provider of enterprise software solutions for equipment rental and mobile equipment. Texada's solutions are fully flexible and scalable to meet the unique needs of any sized operation and are backed by proven implementation, services and support.

Texada's market-driven software products combine knowledge and best practices from over 5,000 users worldwide, resulting in solutions that manage the complete asset life-cycle from acquisition through to disposal. The Company's customers enjoy the many benefits of this enhanced efficiency through better asset utilization, effective location tracking, and optimized scheduling.

Texada can be reached at 1-800-361-1233 or 1-519-836-7073, or on the internet at www.texadasoftware.com.

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

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