Texada Software Inc. held its annual general meeting on June 28, 2012. In the meeting, shareholders approved the appointment of Mr. Hunter and Mr. Schwarz to the Company's board. The company also announced previous directors, James Lolley, Jim McInnis and Brian Spilak did not stand for re-election to the board at the meeting. Malcolm Hunter is an owner and is president & chief operating officer of Deeley Harley-Davidson Canada. Mr. Hunter also sits on a number of committees with the Harley-Davidson Motor Company. Ron Schwarz is an independent investor with over 20 years of experience as a senior executive in equity research, wholesale banking and asset management. Mr. Schwarz has held the positions of Executive Director of UBS Global Asset Management Canada, and CIBC's Managing Director and Head of Canadian Cash Equities.