Texada Announces $4,500,000 Private Placement

Texada Software Inc. (TSX VENTURE:TXS) ("Texada" or the "Company"), announced
today a non-brokered private placement (the "Private Placement") of up to
22,500,000 common shares of the Company (the "Common Shares") at a price of $.20
CDN per share for anticipated gross proceeds of up to $4.5 Ml. The Company
intends to use the net proceeds of the Private Placement for working capital and
equipment and other asset purchases. Insiders of the Company will be subscribing
for greater than 25% of the Private Placement, on the same terms as arm's length
investors. 


The Private Placement is expected to close on or about June 15, 2012 and may
close within 21 days of such date, if management of the Company determines it is
reasonable or necessary in the circumstances. The Private Placement is subject
to receipt of all required regulatory and TSX Venture Exchange (TSX-V)
approvals.


The Common Shares issued in connection with the Private Placement, will be
subject to a hold period of four months and one day from the date of
distribution under applicable securities laws.


About Texada Software Inc. (TSX VENTURE:TXS)

Texada Software Inc., following the launch of its LiuGong dealership announced
on May 15, 2012, operates in three complementary businesses, equipment rental,
equipment dealership and enterprise asset management software. 


The Company, through its wholly owned U.S. subsidiaries, is expanding its
presence in the construction and industrial equipment industry and conducts
business as Noble Rents, Inc. in Southern California and Noble Equipment, Inc.
in Houston, Texas. Noble Equipment, Inc. is the exclusive distributor of LiuGong
Construction Machinery equipment in Southeast Texas. 


The Company's enterprise software business, Texada Software, is the premier
provider of equipment asset management software solutions for equipment rental,
dealership and construction companies globally. Texada's solutions are available
both in-the-cloud or client-based, are 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. 


Texada can be reached at 1-800-361-1233 or 1-519-836-7073, or 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
industries in which the Company participates; 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. Management assumes no obligation to update or alter any
forward-looking statements whether as a result of new information, further
events or otherwise.