PKM Preo Software Inc.

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UNITED STATES. 


Preo Software Inc. (TSX VENTURE:PKM) is pleased to announce that it has been
recognized by the Managed Print Services Association (MPSA) by winning the Award
for Leadership in the Software Provider category. 


The Managed Print Services Association (MPSA) announced six winners of the 2012
MPSA Leadership Awards in different categories. Leaders are honored for
strategic creativity and operational excellence. The awards were presented May
25th at the TRANSFORM 2012 Conference at a special lunch hosted by the MPSA, a
Gold Sponsor of the industry event. 


Through the awards program, now in its fourth year, the MPSA promotes best
practices and innovation as demonstrated by leaders in this market. "The
selection process showed the high level of customer service and best practice,
as companies look for innovative ways to help customers reap the full value of
MPS. Clearly, the MPS customer is the ultimate beneficiary of the best practices
represented by these winners," said Robert Newry, Awards Chairman and MPSA Board
Member. 


"A ground-breaking and successful MPS related project or product is only the
starting point for an award-winning entry," said Robert Newry. "The more
difficult task is showing how and why a program or service for the MPS market
space was successful, ground-breaking or outstanding. The winners in all these
categories all documented a compelling story of why they deserved to win."


Preo's award-winning cloud-based application showcased its unique ability to
enable an MPS provider to use end-user print data to gain insights into print
practices. Leveraging this business intelligence they are able to transform
every step of an MPS engagement from initial assessment through to quarterly
business reviews. Dealer testimonials substantiated how using Preo's solution
led to immediate differentiation and wins.


Commenting on the award, Greg Walters, President, MPSA said "Preo demonstrates
the best of the MpS ecosystem with cutting edge software, an expansive knowledge
base and superior 'people-centric' approach. It was an honor evaluating their
entry and speaking with some of their end users. Congratulations." 


Gary McCone, President of Preo went on to say, "We are grateful to the MPSA for
honoring us with the leadership award in the software category. Our team is very
proud of the value we are providing with Printelligence v4 to the global MPS
ecosystem as the platform for cloud-based user-centric print data."


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. 


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.

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