TXS Texada Software Inc.

TEXADA SOFTWARE INC. ("Texada" or the "Company") (TSX VENTURE:TXS) wishes to
clarify that the Aly Babu Mawji referenced in a number of recent media releases
pertaining to criminal investigations in Germany relating to certain other TSX
Venture Exchange companies including De Beira Goldfields Inc./Panex Resources
Inc. is not the same Aly Gulamali Mawji who was appointed to Texada's Board of
Directors on March 11, 2011. Aly Babu Mawji is not associated with the Company
in any way.


Some of the media coverage has cited that the Aly Babu Mawji mentioned in
reference to De Beira Goldfields Inc./Panex Resources Inc. is currently a member
of the Board of Directors of the Company. Texada wishes to reiterate that these
references are incorrect; the Mr. Mawji serving on Texada's Board of Directors
is Aly Gulamali Mawji who resides in Nova Scotia and is not the same individual
who is currently under investigation in Germany.


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 x - 2104 or 1-519-840-2104, 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.

Texada Software Inc. (TSXV:TXS)
Historical Stock Chart
From Jun 2024 to Jul 2024

Texada Software Inc. (TSXV:TXS)
Historical Stock Chart
From Jul 2023 to Jul 2024