Texada Software Inc. (TSX VENTURE:TXS) ("Texada" or the "Company"), following
the recent announcement of an exclusive distribution agreement with LiuGong
Construction Machinery for the Houston, Texas marketplace and the closing of a
$25.0 Ml. U.S. refinancing of its equipment rental operations in Southern
California, is pleased to announce that it has entered into a non-binding
agreement (the "Agreement") to acquire selected operating assets of Bane
Machinery Houston LP located in Houston, Texas. The transaction will be
completed by a subsidiary of Noble Iron, Inc. ("Noble"), a wholly owned U.S.
subsidiary of the Company.


"This transaction will mark our entry into a second major market in the U.S. The
business will operate a full rental and distribution location (CELL: Centralized
Equipment Logistics Location TM) serving southeast Texas from our leased
facility located at 505 Rankin Road, Houston, Texas. This extension of our
operational footprint will allow Noble to expand upon its strong relationship
with the Terex Corporation and our exclusive distribution of LiuGong
Construction Machinery" stated Willie Swisher, CEO of Texada and Noble. He
continued by saying, "as we continue to expand the Noble brand into the
construction equipment industry, our overriding goal is to seek out and execute
on opportunities that are conducive to the expansion of our brand, provide our
customers a remarkable experience and that create exceptional value to our
stakeholders."


The Agreement is for the acquisition of certain operating assets of Bane
Machinery. Along with the purchase of the Bane assets, including earth moving
equipment, Noble is expected to retain all employees and an extensive, active
customer list. In conjunction with the closing of the Agreement, Noble will
enter into a lease on the property currently occupied by Bane Machinery's
Houston operations. The total consideration for the acquisition of the operating
assets is expected to be approximately $1.9 Ml. U.S. None of Bane Machinery's
liabilities will be assumed as part of the transaction.


The Agreement is subject to certain customary conditions in favor of the
Company, including the completion of satisfactory due diligence, the entering
into an acceptable real estate lease and financing, satisfactory to the Company.
It is anticipated that the Agreement will close on or before July 20, 2012.


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

About Texada Software Inc. (TSX VENTURE:TXS)

Texada Software Inc. operates in three complementary businesses, equipment
rental, equipment dealership and enterprise asset management software. 


The Company, through its wholly owned U.S. subsidiaries, is expanding its
presence in the construction and industrial equipment industry. Noble Rents,
Inc. is a significant equipment rental business serving Southern California with
over 7,000 customers and a wide range of over 1,100 aerial, forklift and light
compact equipment rental units. Noble Equipment, Inc. is the exclusive
distributor of LiuGong Construction Machinery equipment in Southeast Texas. 


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. 


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. 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.


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