Texada Software Inc. Announces Operating Results for the Quarter Ended March 31, 2011:

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 three months ended March 31, 2011.
This is the Company's first reporting period under International Financial
Reporting Standards ("IFRS").


For the quarter ended March 31, 2011, the Company generated total revenues of
$1.1 Ml. and a net loss of $0.17 Ml. Adjusted EBITDA (defined as net earnings
(loss) for the period adjusted for amortization, accretion on convertible debt,
interest expense, foreign exchange, and stock based compensation expense) was a
loss $0.06 Ml. These results compare to total revenues of $1.20 Ml., net
earnings of $0.15 Ml. and an Adjusted EBITDA of $0.23 Ml. in 2010. 


Revenue in the current quarter was $0.10 Ml. below that attained in 2010. This
shortfall was attributable to a decline in license revenue in 2011 from software
version upgrades of $0.19 Ml. partially offset by an increase in new license
revenue of $0.08 Ml. compared to fiscal 2010. This reduction in license revenue
resulted in a corresponding $0.10 Ml. decline in gross profit in the quarter.
Operating expenses increased by $0.18 Ml. in 2011, with $0.11 Ml. of the
increase relating to strategic initiative expenses which did not commence until
the fourth quarter of 2010. The balance of the increase relates to other
personnel expenses. Non-operating expenses, which under IFRS are financing
related, increased to $0.09 Ml. form $0.06 Ml. due to an increase in foreign
exchange expense in the current year compared to the first quarter of 2010. 


"Our first quarter operating results were negatively affected by a decline in
licence revenue", said President Brian Spilak. "The shortfall in profitable
software upgrade revenue was offset to some extent by revenue from new licences
but on a combined basis had a $0.10 Ml. effect on our Adjusted EBITDA and net
earnings performance in the quarter. We see new opportunities in the market for
the balance of 2011 and with our strong foundation of industry leading
technology, personnel and customers we look forward to improving our operating
results in future quarters."


"We continue to explore new opportunities to profitably expand Texada's
business" said William Swisher, the Company's CEO. He continued, "We look
forward continuing with this important initiative in the second quarter and the
balance of Texada's fiscal 2011."




The Company's financial results for the quarter are presented below:        
                                                                            
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Thousands of Canadian Dollars                  Three Months Ended March 31, 
(except per share amounts)                                                  
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                                                        2011            2010
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Revenue                                         $      1,102   $       1,204
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Operating Income (Adjusted EBITDA)                       (79)            210
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Net Earnings (Loss) for the Period              $       (166)  $         143
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Net Earnings (Loss) per Share                   $     (0.013)  $       0.017
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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 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.