TEXADA Software Inc. Announces Financial Results for Second Quarter 2008

TEXADA Software Inc. (TSX VENTURE:TXS), the premier provider of equipment rental
and mobile asset management software, announces today its unaudited interim
financial results for the second quarter ending June 30, 2008.


For the second quarter ended June 30, 2008, Texada generated total revenues of
$1,113,611 and a loss for the period of $213,643. Adjusted EBITDA loss (defined
as loss for the period adjusted for amortization, accretion on convertible debt,
interest expense, foreign exchange losses, severance expense, stock based
compensation expense, and gain on sale on intangible assets) was $182,694. These
results were an improvement as compared to Q2 2007, despite a marginal 8%
decline in revenue. The second quarter in 2007 had revenues of $1,208,735, a
loss for the period of $879,156 and an Adjusted EBITDA loss of $241,895.


Revenue in the first six months of 2008 was $2,454,631, an improvement of 10%
compared to the first six months of 2007. Loss for the first half of 2008 was
$287,943, a significant improvement compared to a loss of $1,336,568 in the
first half of 2007.


"We continue to make steady improvements on our bottom line operating results
and are focused on delivering value to new customers while renewing our
relationships with our current customers," said Nigel Miller, CEO of Texada. "We
are excited about the reaction we continue to receive about the improvements in
our technology and their added ability to help our customers improve their
financial performance. I am committed to see these operational improvements turn
into increased shareholder value for our company."




The Company's financial results are presented below:

---------------------------------------------------------------------------
Thousands of Canadian         Three Months Ended          Six Months Ended
 Dollars                                 June 30                   June 30
(except per share
 amounts)
---------------------------------------------------------------------------
                             2008           2007       2008           2007
---------------------------------------------------------------------------
Revenue                   $ 1,114        $ 1,209    $ 2,455        $ 2,236
---------------------------------------------------------------------------
Operating Income (Loss)      (183)          (242)         5           (570)
---------------------------------------------------------------------------
Loss for the Period          (214)          (879)      (288)        (1,337)
---------------------------------------------------------------------------
Loss per share           $ (0.002)       $ (0.02)  $ (0.003)       $ (0.03)
---------------------------------------------------------------------------



More information may be found at www.sedar.com

About Texada Software (TSX VENTURE:TXS)

Texada Software Inc. is the premier provider of enterprise software solutions
for mobile equipment and rental management. 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 400 customers worldwide, resulting in solutions that manage the
complete asset life-cycle from acquisition through to disposal. Our customers
enjoy the benefits of enhanced efficiency through better asset utilization,
effective location tracking, and optimized scheduling.


Texada can be reached at 1-800-361-1233 or [phone], or on the internet
at www.texadasoftware.com.


This news release may contain forward-looking statements which reflect the
Company's current expectations regarding future events. The forward-looking
statements are often, but not always, identified by the use of words such as
"seek", "anticipate", "plan, "estimate", "expect", "intend" and statements that
an event or result "may", "will", "should", "could" or "might" occur or be
achieved and other similar expressions. These forward-looking statements involve
risk and uncertainties, including the difficulty in predicting acceptance of and
demands for new products, the impact of the products and pricing strategies of
competitors, delays in developing and launching new products, fluctuations in
operating results and other risks, any of which could cause results,
performance, or achievements to differ materially from the results discussed or
implied in the forward-looking statements. Many risks are inherent in the
industry; others are more specific to the Company. Texada's ongoing quarterly
filings should be consulted for additional information on risks and
uncertainties relating to these forward-looking statements. Investors should not
place undue reliance on any forward-looking statements. Other than as required
by applicable law, management assumes no obligation to update or alter any
forward-looking statements whether as a result of new information, further
events or otherwise.