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Preo Amends Exercise Price of Options

(January 13, 2012)

CALGARY, ALBERTA -- (Marketwire) -- 01/13/12 -- PREO SOFTWARE INC. (the "Corporation") (TSX VENTURE:PKM). Further to the Corporation's press release of January 9, 2012, the Corporation wishes to clarify that in accordance with the Policies of the TSX Venture Exchange, the 200,000 options granted to Mr. Mike Cabigon, Chairman of the Corporation's Board of Directors are at an exercise price of $0.10 and not $0.06 as previously announced.

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

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Preo Software Inc.
Karim Teja
(403) 265-0556 x3259
(403) 210-8299 (FAX)

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