TXS Texada Software Inc.

TEXADA SOFTWARE INC. (TSX VENTURE: TXS), further to its press release dated October 30, 2008, announces that it intends to continue to Ontario from British Columbia and consolidate its outstanding common shares on the basis of one (1) new common share for every ten old common shares, effective Wednesday, November 5, 2008.

The TSXVE has conditionally approved the continuance and consolidation; which remain subject to final approval of the TSXVE and the receipt of any required regulatory approvals.

A letter of transmittal will be mailed to all registered shareholders, which is to be used by the shareholders to return all existing (pre-consolidation) common share certificates to Texada's transfer agent, Computershare Investor Services Inc., in order to receive new share certificates reflecting the consolidation. The letter of transmittal will also be available at www.SEDAR.com under Texada's profile.

About Texada

Texada Software Inc. is the premier provider of enterprise software solutions for mobile equipment and rental management. 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 400 customers worldwide, resulting in solutions that manage the complete life-cycle from acquisition through to disposal, Our customers enjoy the benefits of 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.

FORWARD-LOOKING STATEMENTS

This news release may contain forward-looking statements based on management's current projections, beliefs and opinions at the date of this news release. Actual results could differ materially from those anticipated in the statements due to risks and uncertainties which affect the Company's business and operations. Reference should be made to the Company's continuous disclosure documents filed from time to time with Canadian securities regulatory authorities for a detailed description of such risks and uncertainties. The Company takes no responsibility to update forward-looking statements if circumstances or management's projections, beliefs or opinions change other than as required by applicable laws.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contacts: Texada Software Inc. Brian Pedlar Chairman 1-800-361-1233 or (905) 901-9872 Email: bpedlar@TEXADAsoftware.com Website: www.texadasoftware.com