Texada Announces Closing of $25.0 Ml. U.S. Recapitalization of Equipment Rental Business

Texada Software Inc. (TSX VENTURE:TXS) ("Texada" or the "Company") is pleased to
announce that the Company's wholly owned U.S. subsidiary Noble Rents, Inc.
("Noble Rents"), has completed the recapitalize of its existing debt, previously
announced on May 11, 2012. Noble Rents' initial entry into the U.S. equipment
rental business took place in August 2011 with the acquisition of Rolls High
Reach. The business operates from four locations in Southern California with 50
employees and over 1,100 pieces of aerial, forklift and light compact equipment
rental units. 


The terms of the recapitalization move acquisition and growth related rental
fleet financing from existing term loan arrangements with interest rates ranging
from 5.8% to 7.0% to one, comprehensive four year revolving line of credit.
Interest payments will be based on a variable interest rate calculated at the
one month LIBOR rate plus 325 basis points, currently 3.50%. The new facility
will operate with a daily cash sweep against outstanding debt with no scheduled
principal payments during the term of the loan. Texada Software Inc. provided a
guarantee of all amounts owing by Noble Rents under the facility. Noble Rents
has no other debt facilities presently outstanding.


Under the terms of the financing, Noble Rents can borrow up to $25.0 Ml. U.S.
based upon its borrowing base, determined by the value of its rental fleet,
accounts receivable and inventory. 


More information may be found at www.sedar.com.

About Texada Software Inc. (TSX VENTURE:TXS)

Texada Software Inc., following the launch of its LiuGong dealership, 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, through its wholly owned U.S. equipment rental subsidiary, Noble
Rents, Inc. conducts business at four locations in Southern California with over
7,000 customers and a wide range of over 1,100 aerial, forklift and light
compact equipment rental units.


Texada's enterprise software business continues as the premier provider of
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. 


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
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. Management assumes no
obligation to update or alter any forward-looking statements whether as a result
of new information, further events or otherwise.