Texada Software Inc. Announces Results of Board Elections at Annual General Meeting
29 June 2011 - 9:13AM
Marketwired
Texada Software Inc. (TSX VENTURE: TXS), the premier provider of
equipment rental and mobile asset management software, is pleased
to announce the election of the following board members at the
Company's annual general meeting held on June 28, 2011: Harry
Jaako, Nabil Kassam, James Lolley, Aly G. Mawji, Jim McInnis, Brian
Spilak and William Swisher.
Following the annual general meeting, William Swisher was
appointed as Chair of Texada's board of directors. Mr. Swisher has
been the Chief Executive Officer of the Company since October
2010.
"Following the annual general meeting, the board met and
discussed the Company's operations for the first six months of the
year and for the balance of 2011 and its current strategic
initiative to create value for all stakeholders of Texada," said
Mr. Swisher. "We look forward to the balance of 2011 as we see
opportunities to profitably increase our current business as
economic conditions in our primary markets improve," said Brian
Spilak, Texada's President.
"Texada is an industry leader with a strong foundation of
technology, personnel and customers and we look to add to these
strengths in the upcoming quarters as we roll out our new
initiatives for Texada which we expect will grow the business for
the benefit of our stakeholders" added Mr. Swisher.
About Texada Software (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
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.
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: Texada corporate communications contact: Jim McInnis
CFO 1-800-361-1233 x - 2104 jmcinnis@texadasoftware.com
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