Preo Issues Options

CALGARY, ALBERTA--(Marketwire - Jan. 9, 2012) - PREO SOFTWARE INC. (the "Corporation") (TSX VENTURE:PKM) has granted Mr. Mike Cabigon, Chairman of the Corporation's Board of Directors options to purchase 200,000 shares at an exercise price of $0.06. The options are subject to the terms of the Corporation's stock option plan and approval of the TSX Venture Exchange.

In addition, terms of Mr. Ted Redmond's options were amended such that all of his 30,000 options vested on December 31, 2011 and the expiry of these options was amended to June 8, 2013. All other terms remain unchanged.

About Preo(TM) Software

Preo Software Inc. is the market leader in providing Print Knowledge Management Systems (PKMS) to enterprises, select OEMs, and Managed Print Services providers around the world. Printelligence(TM), the company's award winning flagship SaaS (Software as a Service) offering, empowers users to optimize their print assets and reduce print volumes, while yielding significant cost savings and reducing the environmental footprint.

Preo Software is a seven-year-old technology company maintaining offices in both Canada and in the United States with products deployed in over 3,000 organizations worldwide. For more information, visit www.preosoftware.com.

Reader Advisory

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