Texada Software Inc. Announces Results for the Quarter Ended September 30, 2009

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 ended September 30,
2009. 


For the quarter ended September 30, 2009, the Company generated total revenues
of $1.12 Ml. and a net income of $0.08 Ml. Adjusted EBITDA (defined as income
(loss) for the period adjusted for amortization, accretion on convertible debt,
interest expense, foreign exchange loss (gain), stock based compensation
expense, gain on lease settlement and gain on sale of intangible asset) was
$0.19 Ml. These results compare to total revenues of $1.22 Ml., a net loss of
$0.11 Ml. and an Adjusted EBITDA loss of $0.03 Ml. in 2008. 


Revenue for 2009 was $1.12 Ml. compared to $1.22 Ml. recorded in the second
quarter of 2008. Operating expenses declined by more than $0.30 Ml. during the
quarter as a result of reductions in support, sales and marketing and research
and development expenses. An increase in interest expense and interest on
convertible debentures in the quarter resulted in an increase in overall
non-operating expenses to $0.11 Ml. for the quarter compared to $0.08 Ml. in the
third quarter of 2008. 


The three month period ended September 30, 2009 marked the third consecutive
quarter of profitability for Texada resulting in income for the first nine
months of 2009 of $0.21 Ml. compared a loss of $0.40 Ml. in 2008, an improvement
of more than $0.60 Ml. Results for the first third quarters of 2008 included a
one-time gain on the sale of an intangible asset of $0.40 Ml.


"We are very pleased with Texada's operating performance in 2009, especially
given current economic conditions", commented President & CEO Brian Spilak. "We
have now registered three consecutive quarters of positive income and the
Company's adjusted EBITDA has increased with each passing quarter. The team
remains committed to ensuring that our customers are at the centre of everything
we do. Meeting and Exceeding Customer Expectations has become entrenched in our
everyday activities resulting in mutually beneficial experiences with our
customer base. We plan on continued diligence with our cost control program
while situating the organization for what we anticipate further improvements in
our revenue performance as we head into the fourth quarter of 2009 and fiscal
2010."


The Company's financial results are presented below:



----------------------------------------------------------------------------
Thousands of Canadian           Three Months Ended        Nine Months Ended 
 Dollars                              September 30             September 30
(except per share amounts)                                                  
----------------------------------------------------------------------------
                                  2009        2008         2009        2008 
----------------------------------------------------------------------------
Revenue                        $ 1,119     $ 1,216      $ 3,422     $ 3,671 
----------------------------------------------------------------------------
Operating Income (Loss)                                                     
 (Adjusted EBITDA)                 188         (33)         402         (28)
----------------------------------------------------------------------------
Income (Loss) for the                                                       
 Period                             81        (112)         211        (400)
----------------------------------------------------------------------------
Income (Loss) per Share        $ 0.009    $ (0.013)     $ 0.024    $ (0.046)
----------------------------------------------------------------------------



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.