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Preo Software Inc. (TSX VENTURE:PKM) today announced that it has entered into an
agreement to license Preo's Printelligence(TM) v4 Managed Print Services (MPS)
technology to Staples Advantage, the business-to-business division of Staples,
Inc. The software is part of the Staples Technology Solutions (STS) MPS service
offering.


"This multi-year license agreement incorporating Preo's v4 business intelligence
software within the STS MPS solution is truly the start of a visionary trend in
this industry. The opportunity to associate ourselves with a leading worldwide
office products and business solutions company will be extremely beneficial to
our organization," said Gary McCone, Preo's president and CEO. "Staples'
inherent commitment to providing strategic, cost-saving solutions to its
customers makes Preo a natural fit." 


"We are very pleased to partner with Preo Software," said Al Zoldos, vice
president sales for Staples Technology Solutions. "Their Printelligence
software, including the new capabilities in v4, is a great differentiator for
STS as we help organizations optimize their print device fleet to improve
overall efficiency and save money."


About Preo Software

Preo(TM) Software Inc. is the market leader in providing Print Knowledge
Management Systems to enterprises, select OEMs, and Managed Print Services
providers around the world. Printelligence(TM), the company's award winning
flagship cloud-based offering, empowers users to optimize their print assets and
reduce print volumes, while yielding significant cost savings and reducing the
environmental footprint. Printelligence has been deployed in over 5,000
organizations worldwide.


About Staples Advantage

Staples Advantage, the business-to-business division of Staples, Inc., serves
organizations of 20 or more employees up to the Fortune 1000, including global
businesses, local, state and federal government, healthcare organizations and
educational institutions. The Staples Advantage one source solution includes
comprehensive products and services from office supplies, technology and
printing to promotional products, furniture and facility supplies. Dedicated to
providing organizations with greater cost savings and improved ordering
efficiencies, Staples Advantage provides a customized level of account support
and best-in-class customer service. More information is available at
www.staplesadvantage.com. 


About Staples

Staples is the world's largest office products company and a trusted source for
office solutions. The company provides products, services and expertise in
office supplies, copy & print, technology, facilities and breakroom, and
furniture. Staples invented the office superstore concept in 1986 and now has
annual sales of $25 billion, ranking second in the world in eCommerce sales.
With 88,000 associates worldwide, Staples operates in 26 countries throughout
North and South America, Europe, Asia and Australia, making it easy for
businesses of all sizes, and consumers. The company is headquartered outside
Boston. More information about Staples (Nasdaq: SPLS) is available at
www.staples.com/media.


This press release contains forward-looking information including but not
limited to future development plans and anticipated operations. These statements
are based on current expectations that involve a number of risks and
uncertainties, which could cause actual results to differ from those
anticipated. These risks include but are not limited to financing risks, risks
arising from volatility in the oil and gas industry and ongoing operational
risks. 


Source: Preo Software Inc. (TSX VENTURE:PKM) http://www.preosoftware.com

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