http://www.texadasoftware.com/ () —
Texada Software Inc. ("Texada") (TSX VENTURE: TXS) announced today that Volvo Construction Equipment Rents Inc. ("Volvo Rents") has entered into a multiyear agreement to license the Systematic Rental Management Version 9 product suite to support the company's long-term franchise growth.
Volvo Rents currently utilizes an earlier version of Texada's product suite throughout their 71 North American Equipment rental centers and has been a Texada customer for close to nine years.
"We recommitted to Texada due to their understanding of the Construction Equipment Rental business. Their desire to work with the Volvo Rents team is impressive and has brought an increased level of service to our organization", said Robert Pohlmann, CIO & VP Process & Systems of Volvo Rents. "Texada's systems are the right ones for us moving forward", commented Barry Natwick, President and CEO of Volvo Rents, "the organization, products and services sync and tie in with Volvo Rents strategic goals, roadmap and growth plans".
"We are proud to serve leading equipment rental companies like Volvo Rents with solutions that help them be more successful and ultimately reach their goals", said Brian Spilak, President and CEO of Texada. "We have worked very hard with the Volvo Rents team over the last 18 months and we look forward to helping deliver the next level of technology to their franchise base".
The Systematic Rental Management product is a comprehensive ERP system powered by Texada Software, that is feature rich; providing rentals, sales, reservations, quotations, work orders, maintenance scheduling, inventory control, purchasing and integrated accounting functionality. Texada's unique features of supporting fully integrated third party software packages, scalability to large installations and the ability to provide custom features give Texada a competitive edge in the marketplace.
About Volvo Construction Equipment Rents Inc.
The Volvo Rents franchise program was designed by Volvo Construction Equipment and covers all aspects of an operating business model. Features include use of the Volvo brand, financial assistance, a fleet purchasing program, a Volvo Rents proprietary software program, operational support and guidance, comprehensive training in systems, sales, service, and management as well as facility design and regional and local marketing. Volvo Rents has seventy-one (71) equipment rental centers in North America, eighty-nine (89) centers in Europe, three (3) rental centers in India, and one (1) in Mexico.
About Texada Software Inc. (TSX VENTURE: TXS)
Texada Software Inc. is the premier provider of enterprise 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. The Company's customers enjoy the many benefits of this 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 (http://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. Investors 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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