Texada Software Launches RentalLogic, Software For Any Rental Business

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Texada Software announced the launch of RentalLogic, a SaaS software application that empowers rental companies to easily manage and scale their business. RentalLogic is designed to manage contracts and inventory availability, generate invoices, complete rental returns and streamline other critical rental functions that increase productivity. The software application is cloud-based to ensure that customers get automatic updates and that all data is encrypted and backed-up securely.

“After working with many companies renting products ranging from construction and industrial equipment to musical instruments to party supplies, we have identified an opportunity to power a wide variety of growing businesses through a simplified rental management software. RentalLogic’s user interface is intuitive, making it easy for any company to roll out and use the software. We are confident that growing rental companies will find RentalLogic essential to their operations. If your business rents anything from AV equipment to party rentals to construction equipment, RentalLogic will help you succeed and grow easily.” – Adam Kropf, Product Manager at Texada Software.

About Noble Iron Inc. (NIR: TSX Venture Exchange)

Noble Iron is a technology company that offers software applications and services to construction, industrial and other equipment rental companies, owners, and users to manage their business and assets’ life cycle.

Texada Software, a wholly-owned subsidiary of Noble Iron, offers cloud or client-based software applications for equipment rental companies, equipment dealerships, construction companies, general contractors, and equipment operators, including mechanics, logistics managers and service technicians. Texada’s products manage the entire asset lifecycle, including equipment purchasing; rental and sales transactions; inventory location, utilization, maintenance and depreciation tracking; used equipment sales and disposals analysis; and inventory replenishment analysis. Texada is the provider of industry-leading technology FleetLogic, a mobile field service and logistics management platform; SRM (Systematic Rental Management), a complete management software for scaling rental businesses; Texada Pay, a payment processing platform; and GateWay, an online store and mobile e-commerce app for customers and sales teams. For more information, visit www.texadasoftware.com or call 1(800) 361-1233.

Noble Iron can be reached at www.nobleiron.com/contact-us.

Corporate communications contacts:

Mariam Chaudhry
Chief Financial Officer
t: (226) 962-2718
e: mariam.chaudhry@nobleiron.com

Nabil Kassam
Founder, Chairman & CEO
t: (650) 766-9177
e: nabil@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 using 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 industries in which the Company participates; others are more specific to the Company. The Company’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, other than as required by law.

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