TXS Texada Software Inc.

Texada Software Inc. (TSX VENTURE:TXS) (the "Company"), is pleased to announce
that at its annual general meeting (AGM) held on June 28, 2012, the Company's
shareholders approved a change of the Company's corporate name to "Noble Iron
Inc." The Company's name change, as well as a change of the Company's ticker
symbol, is expected to be enacted at a future date following formal approval by
the board. The Company's software division is expected to continue operating
under the brand name "Texada Software." 


The following board members were elected at the Company's AGM: Malcolm Hunter,
Harry Jaako, Nabil Kassam, Samir Manji, Aly G. Mawji, William Swisher and Ron
Schwarz. Nabil Kassam was reappointed by the board as Executive Chairman of the
Company. Mr. Hunter and Mr. Schwarz are new appointees to the Company's board. 


Malcolm Hunter is an Owner and is President & Chief Operating Officer of Deeley
Harley-Davidson(R) Canada, the exclusive Canadian distributor of
Harley-Davidson(R) motorcycles and branded products and services. Deeley
Harley-Davidson(R) Canada is the single largest customer of Harley-Davidson Inc.
globally, and has earned the designation of 50 Best Managed Companies in Canada
for 15 consecutive years. Mr. Hunter also sits on a number of committees with
the Harley-Davidson Motor Company.


Ron Schwarz is an independent investor with over 20 years of experience as a
senior executive in equity research, wholesale banking and asset management. Mr.
Schwarz has held the positions of Executive Director of UBS Global Asset
Management Canada, and CIBC's Managing Director and Head of Canadian Cash
Equities.


"Malcolm's work of over 35 years has helped establish one of the world's most
renowned brands, Harley-Davidson(R). Ron has amassed an impressive breadth of
capital markets and investment experience over his career," said Mr. Kassam,
Executive Chairman. "As we expand our technology, equipment rental and
dealership platforms, representing established and emerging equipment
manufacturers such as Terex and LiuGong, Malcolm's and Ron's contribution on the
board will strengthen our ability to build a resilient brand and a remarkable
company." 


In connection with their appointment as directors, Mr. Hunter and Mr. Schwarz
were granted 100,000 stock options each, at an exercise price of $0.29 per share
and exercisable for a period of 10 years from the date of grant, subject to all
required regulatory and stock exchange approvals. 


Previous directors, James Lolley, Jim McInnis and Brian Spilak did not stand for
re-election to the board. "We thank our exiting directors for their past service
to the Company," said Mr. Kassam. 


Texada also announced that at the AGM, the Company's shareholders approved among
other matters, related party participation in the Company's recently announced
private placement and the authority for the board to complete a five-for-one
share consolidation of the Company's common shares, as well as a share bonus
plan for employees of the Company. The private placement is expected to close on
June 29, 2012. The share consolidation is expected to be enacted at a future
date, following formal approval by the board.


About Texada Software Inc. (TSX VENTURE:TXS)

Texada Software Inc., soon to be renamed Noble Iron Inc., operates in three
complementary businesses, equipment rental, equipment dealership and enterprise
software for the construction and industrial equipment industry. 


The Company, through its wholly owned subsidiaries, is expanding its
geographical presence. Noble Rents, the Company's equipment rental business,
serves Southern California and is planning expansion to Southeast Texas over the
summer of 2012. Noble Equipment is the Company's dealership business, and is the
exclusive distributor of LiuGong Construction Machinery equipment in Southeast
Texas. 


The Company's software division, Texada Software, offers enterprise software for
rental and other applications in the construction and industrial equipment
industry. Texada's solutions help customers manage activities throughout the
complete life-cycle from acquisition to disposal of equipment assets. Offered
both in-the-cloud or client-based, Texada's software products are fully scalable
to meet the needs of any sized operation and combine knowledge and best
practices from over 5,000 users worldwide. 


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. 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.

Grafico Azioni Texada Software Inc. (TSXV:TXS)
Storico
Da Ott 2024 a Nov 2024

Grafico Azioni Texada Software Inc. (TSXV:TXS)
Storico
Da Nov 2023 a Nov 2024