Texada Software Announces Milton Caterpillar as New Customer

San Francisco, California--(Newsfile Corp. - August 20, 2020) - Texada Software, a wholly-owned subsidiary of Noble Iron Inc. (TSXV: NIR), has been chosen by Milton Rents Inc., an affiliate of Milton CAT, as their equipment rental software provider. Milton Rents is a New England-based rental services company that offers a comprehensive inventory of equipment and products to its customers. Milton Rents will be deploying Texada's SRM (Systematic Rental Management), FleetLogic mobile field service and logistics application and GateWay e-commerce suite in all of their rental locations.

Nabil Kassam, CEO of Noble Iron commented, "Texada continues to strengthen relationships with Caterpillar dealerships and rental companies across North America with customers such as Toromont, Battlefield, ERS CAT and now Milton Rents. We are proud to serve Milton Rents' rental management needs with a completely integrated platform that combines a suite of software solutions to empower the team and transform their digital and remote working capabilities. We find that the rental industry continues to search for an all-inclusive software solution that combines back office, equipment maintenance services, dispatch and logistics, inventory management, e-commerce, analytics, and payment processing capabilities. Texada serves that sweet spot of integrated solutions and we are excited to partner with Milton Rents to unlock more revenue potential and productivity."

"We chose Texada Software because they offered a full suite of products needed to manage a rental company from start to finish. Texada's software will provide us with the opportunity to rise to the next level in the rental industry and allow us to continue to provide the customer with an exceptional rental experience," stated Pete Laurie, Director of Rental Services, Milton Rents. "Additionally, their years of industry experience was critical to our decision along with their expertise in implementing and serving enterprise customers. One thing that is very important is our ability to consult with our technology partner on best practices and processes needed to run a rental services business. The expertise Texada has in the rental industry is as valuable as their technology."

About Noble Iron Inc.

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 (800) 361-1233.

Noble Iron can be reached at (866) 762-9475, or at www.nobleiron.com.

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.

Neither 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/62208