Texada Software Inc. Announces Operating Results for the Quarter Ended September 30, 2010

Texada Software Inc. ("Texada") (TSX VENTURE:TXS), the premier provider of
equipment rental and mobile asset management software, announces today its
unaudited interim financial results for the third quarter and nine month period
ended September 30, 2010.


The three month period ended September 30, 2010 marked the seventh consecutive
quarter of profitability for Texada resulting in net earnings for the first nine
months of 2010 of $0.29 Ml. compared to $0.21 Ml. in 2009, an improvement of
35%. The Company achieved an improvement in net earnings year over year for the
nine month period of 93% after removing the effect of the lease settlements
gains realized in 2009 as outlined below.


For the quarter ended September 30, 2010, the Company generated total revenues
of $1.05 Ml. and net earnings of $0.04 Ml. Adjusted EBITDA (defined as net
earnings (loss) for the period adjusted for amortization, accretion on
convertible debt, interest expense, foreign exchange loss (gain), stock based
compensation expense and gain on lease settlement) was $0.14 Ml. 


Revenues declined by 6.0% in the quarter and 1.4% in the nine month period
compared to 2009. Operating expenses for the nine month period were virtually
the same as the prior year and up 5.6% for the current quarter. An increase in
the proportion of total revenue from licenses versus services and a resulting
decline in cost of revenue in the nine month period resulted in an Adjusted
EBITDA improvement of $0.15 Ml. in 2010. Non-operating expenses increased by
$0.08 Ml. year to date due to an expense reduction of $0.06 Ml. being recorded
in 2009 for a gain on the settlement of property leases which were not repeated
in the current year.


"We continue to be pleased with our operating results which on an Adjusted
EBITDA basis are improved considerably compared to 2009 despite the ongoing
difficult environment in the equipment rental industry" commented Texada's
President, Brian Spilak. "We see some signs of some improvement in outlook in
our key markets and are hopeful that 2011 will show a more robust level of
activity for software expenditures in our marketplace."


Incoming Chief Executive Officer Willie Swisher commented, "I look forward to
working with Brian and his team in assisting them in any way I can to expand our
business. They are to be commended for their efforts and results over the past
seven quarters and we look forward to the balance of 2010 and into 2011 with
optimism for our current business and the expansion initiatives recently
announced, for which I am excited to have rejoined the Company to spearhead."


The Company's financial results are presented below:



----------------------------------------------------------------------------
Thousands of Canadian                                                       
 Dollars (except per        Three Months Ended         Nine Months Ended    
 share amounts)                September 30,             September 30,      
----------------------------------------------------------------------------
                                 2010         2009         2010         2009
----------------------------------------------------------------------------
Revenue                   $     1,052  $     1,119  $     3,373  $     3,422
----------------------------------------------------------------------------
Operating Income                                                            
 (Adjusted EBITDA)                138          188          553          402
----------------------------------------------------------------------------
Net Earnings for the                                                        
 Period                            44           81          286          211
----------------------------------------------------------------------------
Net Earnings per Share    $     0.005  $      0.01  $     0.033  $     0.024
----------------------------------------------------------------------------



More information may be found at www.sedar.com

About Texada Software Inc. (TSX VENTURE:TXS)

Texada Software Inc. is the premier provider of enterprise 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 Company's customers
enjoy the many benefits of this enhanced efficiency through better asset
utilization, effective location tracking, and optimized scheduling. 


Texada can be reached at 1-800-361-1233 or 1-519-836-7073, 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. Investors 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.