Preo Software Inc.
TSX VENTURE : PKM

Preo Software Inc.

September 20, 2011 11:43 ET

Xerox Extends Relationship With Preo Software

CALGARY, ALBERTA--(Marketwire - Sept. 20, 2011) - PREO SOFTWARE INC. (the "Corporation") (TSX VENTURE:PKM) is pleased to announce that it has extended its' contractual relationship with XEROX CORPORATION until June 2013.

This agreement centers around using Preo's proprietary technology in the industry's first customer installable assessment tool that measures color area coverage on each page, real time, for Xerox's award-winning ColorQube™ 9300 Series multifunction printer (MFP).

"Over the last couple of years it has been a pleasure to work with Xerox on the Print Environment Assessor (XPEA) project. Deploying this assessment tool into thousands of organizations across the globe has given us further proof that our underlying Printelligence technology is truly easy to deploy and scales well from small to very large customers. We are very pleased to be able to continue this relationship for the next 2 years" said Gary McCone, President and CEO of Preo Software Inc.

Allan Brown, Worldwide Business Manager, Enterprise Business Group at Xerox Corp. commented "Xerox has truly benefited in having Preo as a partner. In essence, the Xerox Print Environment Assessor makes it easy to highlight the game changing value-proposition of the ColorQube 9000 Series MFPs to its customers.

About Preo™ Software

Preo Software Inc. is the market leader in providing Print Knowledge Management Systems (PKMS) to enterprises, select OEMs, and Managed Print Services providers around the world. Printelligence™, the company's award winning flagship SaaS (Software as a Service) offering, empowers users to optimize their print assets and reduce print volumes, while yielding significant cost savings and reducing the environmental footprint.

Preo Software is a seven-year-old technology company maintaining offices in both Canada and in the United States. For more information, visit www.preosoftware.com.

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