BSM Technologies Inc.
TSX VENTURE : GPS

BSM Technologies Inc.

June 12, 2007 09:00 ET

BSM Adds Three Industry Veterans to its Senior Management Team

WOODBRIDGE, ONTARIO--(Marketwire - June 12, 2007) - BSM Technologies Inc.,
(TSX VENTURE:GPS) (http://www.bsmtechnologies.com) a leading provider of GPS-based fleet tracking and management solutions today announced the appointment of Mr. Germain Proulx to the position of Vice-President of Sales, Mr. Brad Macdonald to the position of Vice-President of Operations and Mr. Daniel Munroe as Business Manager - Western Canada.

Mr. Proulx has over 25 years experience managing commercial programs in the mobile wireless data market. He is a senior sales and marketing executive that has guided the growth of entrepreneurial start-ups and large companies offering technology products in complex distribution environments. Following an 18-year career at GE Canada, he contributed to the successful award of a national PCS license by Microcell Telecom in the early ninety's. He has been national sales manager for Mitsubishi Canada Cellular, Director of Strategic Initiatives for Orbcomm Global and handled similar functions for Tetra Technologies, Nexiq, Candlelight Broadband, EMS Satcom and others.

Mr. Macdonald brings over 17 years of operational experience in the consumer electronics marketplace, including 7 years in the Telematics industry. Based from Los Angeles and Toronto, Mr. Macdonald was instrumental in incubating and launching several Telematics solutions from initial product design to final testing to Sales and to final customer implementation. He is a specialist in the consumer electronics marketplace, wireless networks, mobile hardware and software applications solutions including product training and Customer Relationship Management programs.

Mr. Munroe has extensive experience in the GIS and MRM market space as well as a thorough knowledge of the technologies involved. He most recently handled senior sales responsibilities at Telus Geomatics, following similar roles at ESRI Canada and Fujitsu. Daniel has managed large enterprise system deliveries as well as reseller and carrier programs, which experience will be valuable in growing business for BSM.

"The additions to our management team and sales organization will only enhance BSM's stature in the market place. This clearly demonstrates BSM's commitment to effectively manage growth and diversification," stated Mr. Nick Cirella, President and CEO of BSM. "The experience these men bring to the MRM space will further support our expansion plans geographically and in different MRM market segments as we continue to grow within our global footprint," added Mr. Cirella.

About BSM Technologies (TSX VENTURE:GPS) (http://www.bsmtechnologies.com)

BSM Technologies designs, manufactures and markets a comprehensive line of AVSL (Automatic Vehicle Security and Tracking) solutions for Fleet Management, Law Enforcement, and Consumer Vehicle Protection, through its subsidiary BSM Wireless. The BSM line of products range from Fleet Management and Consumer Vehicle Protection offerings to the full featured ''Stinger'' product featured in news media worldwide as the key technology behind the Bait and Covert application used by hundreds of Law Enforcement agencies to deter vehicular, trailer and heavy equipment theft.

Superior functionality, seamless switching between 2 separate footprints, enhanced reliability, advanced security features, and excellent value characterize BSM products. By incorporating advanced wireless locating and mapping technology, and IP-based communications protocols, the BSM line of products provides sophisticated real-time monitoring and control of commercial and personal vehicle assets to meet the demanding needs and stringent requirements of today's mobile environments. BSM's unique end-to-end solutions, features sophisticated wireless hardware, firmware and software all developed by and proprietary to BSM. The BSM product line can be easily adapted and customized to match any customer user requirement while BSM's in-house support infrastructure assures that all clients receive the premium AVSL solution in the industry to meet their needs.

About SecTrack

SecTrack sells Inmarsat D+ transceivers and airtime subscription to value added resellers around the world. These VARs are typically local companies who have built a proper monitoring and tracking service for end-users in a multitude of maritime and land based sectors including nuclear transport monitoring, mining, security tracking of trucks, trailers and other vehicles and tracking of airplanes and rescue helicopters. The company's customer base is spread over Europe, Asia, Africa and Central and South America.

Contact Information