Texada Software Inc. Announces Completion of Shares for Debt Transaction

Texada Software Inc. (TSX VENTURE:TXS) (the "Company"), further to its press
release of December 2, 2011, announced today that it issued 2,022,152 common
shares of the Company to certain holders of convertible debentures, the terms of
which provided that accrued interest thereon was convertible into common shares,
who elected to convert an aggregate of $242,658.19 of such interest. The common
shares were issued at a deemed price of $0.12 per share. 


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

About Texada Software (TXS: TSX Venture Exchange)

Texada Software Inc. operates in two complementary businesses, enterprise asset
management software and equipment rental.


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. The enterprise software's
customers enjoy the many benefits of this enhanced efficiency through better
asset utilization, effective location tracking, and optimized scheduling. 


The Company, through its wholly owned US equipment rental subsidiary, conducts
business as Rolls High Reach at four locations in Southern California with a
wide range of over 1,000 aerial fleet units. 


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.