TXS Texada Software Inc.

Texada Software Inc. (TSX VENTURE:TXS), soon to be renamed Noble Iron Inc. (the
"Company"), is pleased to announce the closing of an Asset Purchase Agreement
(the "Agreement") to acquire assets of Bane Machinery Houston LP located in
Houston, Texas. The transaction was completed by a wholly owned U.S. subsidiary
of the Company.


Along with the purchase of certain Bane assets, including earth moving
equipment, the Company retained all employees and an extensive, active customer
list. In addition, the Company entered into a lease on the property currently
occupied by Bane Machinery's Houston operations. The total consideration for the
acquisition was approximately $2.2 Ml. U.S. 


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

About Texada Software Inc. (TSX VENTURE:TXS)

Texada Software Inc., soon to be renamed Noble Iron Inc., operates in three
complementary businesses, equipment rental, equipment dealership and enterprise
software for the construction and industrial equipment industry. 


The Company, through its wholly owned subsidiaries, is expanding its
geographical presence. Noble Rents, the Company's equipment rental business,
serves California and Texas. Noble Equipment is the Company's dealership
business, and is the exclusive distributor of LiuGong Construction Machinery
equipment in Southeast Texas. 


The Company's software division, Texada Software, offers enterprise software for
rental and other applications in the construction and industrial equipment
industry. Texada's solutions help customers manage activities throughout the
complete life-cycle from acquisition to disposal of equipment assets. Offered
both in-the-cloud or client-based, Texada's software products are fully scalable
to meet the needs of any sized operation and combine knowledge and best
practices from over 5,000 users worldwide. 


Texada can be reached at 1-800-361-1233 or 1-519-836-7073, or at www.nobleiron.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.

Texada Software Inc. (TSXV:TXS)
Historical Stock Chart
From Jun 2024 to Jul 2024

Texada Software Inc. (TSXV:TXS)
Historical Stock Chart
From Jul 2023 to Jul 2024