Texada Software Inc. Announces Extension of Licensing Agreement with PROIV Technology LLC
10 November 2011 - 10:09AM
Marketwired
Texada Software Inc. (TSX VENTURE:TXS) (the "Company") announced
today that it has completed a multi year extension of its licensing
agreement with PROIV Technology LLC ("PROIV"). PROIV provides
software rapid application development tools to Texada. The
companies have been strategic partners since 1992.
"We are very pleased to enter into this multi-year extension
with PROIV," said Brian Spilak, Texada's President. "PROIV has been
a very valuable partner with us for many years and we look forward
to working with them to further enhance our platform to enable us
to provide optimal business solutions to our customers in the
future." He added, "this commitment by Texada reaffirms our
strategic intent to continue as an industry leading provider of
asset based system solutions to our existing customers and to
continue to expand our installation base for the benefit of all our
stakeholders."
Andy Downer, PROIV's Vice President & General Manager added,
"Texada has been an exceptional partner of PROIV for many years and
we are excited to be formalizing our long term commitment to each
other with this extension. PROIV's strengths allow our customers to
create powerful user interfaces using the PROIV Client which can be
mirrored in a web browser using PROIV Open Client, removing the
need to install software on each users workstation. Matching these
attributes with Texada's asset management knowledge and experience
offers existing and potential new users proven solutions to run
their businesses effectively."
About NorthgateArinso
PROIV is a wholly owned subsidiary of NorthgateArinso which is
the specialist HR, Payroll and Reward division of Northgate
Information Solutions. PROIV supplies technology solutions to
companies and partnerships around the globe. NorthgateArinso is a
leading solution provider to all organizations from SMEs through to
large blue chip and public sector bodies and also for any HR
requirement, from a stand-alone training solution to a
comprehensive fully integrated HR, Payroll and Pension management
solution. All of which are available through a range of deployment
options.
About Texada Software (TSX VENTURE:TXS)
Texada Software Inc. operates in two complementary businesses,
enterprise asset management software and equipment rental.
Texada's enterprise software business continues as the premier
provider of 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
enterprise software's customers enjoy the many benefits of this
enhanced efficiency through better asset utilization, effective
location tracking, and optimized scheduling.
The Company, through its wholly owned US equipment rental
subsidiary, conducts business as Rolls High Reach at four locations
in Southern California with a wide range of over 1,000 aerial fleet
units.
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) nor PROIV accepts responsibility for the adequacy
or accuracy of this release.
Contacts: Corporate communications contact: Texada Software Inc.
Jim McInnis Chief Financial Officer 1-800-361-1233 x-
2104jmcinnis@texadasoftware.comwww.texadasoftware.com
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