Texada Software Inc. Announces Final Closing of $4,000,000 Private Placement

NOT FOR DISTRIBUTION TO UNITED STATES OF AMERICA WIRE SERVICES OR DISSEMINATION
IN THE UNITED STATES OF AMERICA


Texada Software Inc. (TSX VENTURE:TXS) (the "Company") is pleased to announce
that, further to its press releases dated August 2, 2011 and August 30, 2011,
the Company today completed the final closing (the "Final Closing") of its
previously announced fully subscribed $4,000,000 non-brokered private placement
(the "Private Placement"). The Company issued 2,500,000 common shares (the
"Common Shares") today at a price of $0.10 per share for gross proceeds of
$250,000. On August 30, 2011 the Company announced it had issued 37,500,000
Common Shares at a price of $0.10 for gross proceeds of $3,750,000 (the "Initial
Closing").


The Common Shares issued in connection with the Initial Closing and Final
Closing are subject to hold periods of four months and one day from the
respective dates of distribution under applicable securities laws and stock
exchange rules. The Private Placement is subject to receipt of final TSX Venture
Exchange approval.


About Texada Software Inc. (TSX VENTURE:TXS)

Texada Software Inc. operates in two complementary businesses, enterprise
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. Ongoing public 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.