RenoWorks Announces Formal Agreement With a Large Software Publisher to Utilize Newly Developed Consumer Visualization Software

CALGARY, ALBERTA--(Marketwire - Aug. 7, 2009) - NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES. RenoWorks Software Inc. (TSX VENTURE:RW) ("RenoWorks"), a leading provider of digital exterior and interior home imaging software solutions for new home construction and existing home renovations, today announced the signing of a formal agreement with a software publisher. In addition, consumers will now be able to utilize newly developed software to visualize actual manufacturer's products applied to real photo images of their home. This agreement flows from increased consumer demand for being able to conceptualize different options before embarking on costly remodeling projects. "The timing for this product couldn't be better," states Stephen Cork, SVP of RenoWorks, "history tells us that remodeling growth typically precedes new housing recoveries. As the credit market eases and consumer confidence improves home improvement projects will increase. With this new software consumers will be able to make good decisions." The desktop software will be available through most major retail channels and online. Manufacturer products are kept current and desktop users will get automatic updates with the latest products and information. About RenoWorks RenoWorks Software Inc. develops and markets cutting edge visualization software and integrated solutions for the remodeling and new home construction industries. RenoWorks' software and web solutions use digital imaging to showcase interior and exterior building products on a picture of a customer's room, home, or blueprint. The software allows users to envision various 'before and after' design options using a database of actual manufacturer's products. For more information, visit www.renoworks.com, or call 403-296-3880. The forward-looking information contained in this press release is made as of the date of this press release and, except as required by applicable law, RenoWorks does not undertake any obligation to update publicly or to revise any of the included forward-looking information, whether as a result of new information, future events or otherwise. By its very nature, such forward-looking information requires RenoWorks to make assumptions that may not materialize or that may not be accurate. This forward-looking information is subject to known and unknown risks and uncertainties and other factors, which may cause actual results, levels of activity and achievements to differ materially from those expressed or implied by such information.