TXS Texada Software Inc.

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, 2010.

For the quarter ended March 31, 2010, the Company generated total revenues of $1.20 Ml. and net earnings of $0.14 Ml. Adjusted EBITDA (defined as net earnings for the period adjusted for amortization, accretion on convertible debt, interest expense, foreign exchange, and stock based compensation expense) was $0.23 Ml. These results compare to total revenues of $1.19 Ml., net earnings of $0.03 Ml. and an Adjusted EBITDA of $0.10 Ml. in 2009.

Revenue in the current quarter was consistent with 2009 with a higher proportion of license revenue achieved than service revenue compared to last year contributing to a $0.08 Ml. improvement in gross profit in 2010. Operating expenses declined by $0.05 Ml. during the quarter reflecting primarily personnel cost savings. Non-operating expenses were $0.09 Ml. in the quarter compared to $0.07 Ml. Q1 2009.

"We are quite pleased with our financial results for Q1 2010", noted President & CEO Brian Spilak. "We are excited to be able to get off with a good start from an operational results perspective. Considerable time and effort was expended in 2009 to rebuild Texada's business and are pleased with the ongoing relationships we have built with all our customers. Our strong foundation of industry leading technology, personnel and customers bodes well for our future. The Texada team remains focused on Meeting and Exceeding Customer Expectations and we are actively looking at areas to expand our product offerings while continuing to focus on our existing business."

The Company's financial results for the quarter are presented below:

----------------------------------------------------------------------------
Thousands of Canadian Dollars
(except per share amounts)              Three Months Ended March 31,
----------------------------------------------------------------------------
2010                  2009
----------------------------------------------------------------------------
Revenue                           $              1,204  $              1,187
----------------------------------------------------------------------------
Operating Income (Adjusted EBITDA)                 227                   103
----------------------------------------------------------------------------
Net Earnings for the Period       $                139  $                 28
----------------------------------------------------------------------------
Net Earnings per Share            $              0.016  $              0.003
----------------------------------------------------------------------------

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.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts: Corporate communications contact: Texada Software Inc. Brian Spilak, President & CEO 1-800-361-1233 x - 2123 bspilak@texadasoftware.com