TXS Texada Software Inc.

TEXADA Software Inc. (TSX VENTURE:TXS), the premier provider of equipment rental
and mobile asset management software, announces today its unaudited interim
financial results for the first quarter ending March 31, 2008.


For the first quarter ended March 31, 2008, Texada generated total revenues of
$1,341,021 and a loss for the period of $74,300. Adjusted EBITDA (defined as
loss for the period adjusted for amortization, accretion on convertible debt,
interest expense, foreign exchange losses, stock based compensation expense, and
gain on sale on intangible assets) was $187,813. These results were a
significant improvement as compared to Q1 2007 total revenues of $1,027,424, a
loss for the period of $457,412 and an Adjusted EBITDA loss of $328,339.


Revenue in Q1 2008 was 31% higher than revenue recorded in Q1 2007. The reason
for the substantial increase in revenue included the deferral of implementation
and delivery on one large contract and four smaller contracts from Q4 of 2007,
the addition of a number of new customer contracts and upgrades completed in the
quarter, and increases in implementation and recurring support revenues.


A number of accomplishments during the first three months of 2008 contributed to
Texada Software's improving balance sheet, operating results and cash flow.
These included converting the majority of its $1,100,000 of existing debt to
equity, raising and additional $500,000 of capital through the issuance of new
convertible debentures and in March 2008 selling one of its internet domain
names for $400,000 in cash.


"Significant cost reductions and increased revenues for the quarter combined
with a strong focus on customer requirements and efficient installations have
resulted in greatly improved operating results," said Nigel Miller, CEO of
Texada. "We expect to continue to improve our financial position and operating
results while we continue to develop and deliver cost-effective enhancements to
our software technology in a fiscally responsible way."




The Company's financial results are presented below:

----------------------------------------------------------------------
Thousands of Canadian Dollars              Three Months Ended March 31
(except per share amounts)
----------------------------------------------------------------------
                                                       2008       2007
----------------------------------------------------------------------
Revenue                                            $  1,341   $  1,027
----------------------------------------------------------------------
Operating Income (Loss)                                 188       (328)
----------------------------------------------------------------------
Loss for the Period                                     (74)      (457)
----------------------------------------------------------------------
Loss per share                                     $ (0.001)  $  (0.01)
----------------------------------------------------------------------



More information may be found at www.sedar.com.

About Texada Software (TSX VENTURE:TXS)

Texada Software Inc. is the premier provider of enterprise software solutions
for mobile equipment and rental management. 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 400 customers worldwide, resulting in solutions that manage the
complete asset life-cycle from acquisition through to disposal. Our 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. 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. Other than as required
by applicable law, management assumes no obligation to update or alter any
forward-looking statements whether as a result of new information, further
events or otherwise.

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