BSM Technologies Inc.
TSX VENTURE : GPS

BSM Technologies Inc.

August 16, 2007 08:05 ET

BSM Technologies Announces Strategic Distribution Relationship with Quake Global

WOODBRIDGE, ONTARIO--(Marketwire - Aug. 16, 2007) - BSM Technologies Inc. ("BSM" or the "Company") (TSX VENTURE:GPS), a leading provider of high security vehicle tracking and surveillance solutions, announced today a strategic partnership with Quake Global for the manufacture and distribution of the BSM Dual Mode Multi Protocol devices.

Industry Leading Global Partnership

Quake Global is a highly successful world leader in the manufacture and distribution of satellite modems for multiple satellite networks. The breadth of Quake Global's expertise, combined with BSM's extensive dual mode product capabilities, creates a strategic relationship that will leverage the diverse strengths of both companies to address today's changing market needs.

"We are extremely pleased by Quake's decision to partner with BSM and to distribute our dual mode devices to their client base", stated Nick Cirella, President and CEO for BSM Wireless. "We have been in discussion with Quake Global for quite some time. Our intention is to complement their portfolio of satellite products, while expanding our product line with the addition of new satellite options in our dual mode solutions. BSM has been working in conjunction with Quake Global to integrate their Q5500D+, Q9612 Iridium, and Q1000 ORBCOMM hardware devices into the BSM dual mode solutions", Mr. Cirella added.

"BSM Technologies' proven expertise and its position in the dual mode marketplace will enhance Quake's ability to quickly deliver the dual mode modems that its customers are demanding", stated Polina Braunstein, Quake Global President and CEO.

Ms. Braunstein added, "In addition to providing for the expansion of Quake's distribution into the security and military arenas, this strategic partnership will enable existing and future clientele of Quake Global to access our state of the art satellite communication products and add the bandwidth of terrestrial networks in the most economical way."

The combination of the two organizations provides a global distribution network for seamless dual mode solutions. Leveraging the strength of Quake Global's modem lines and working in conjunction with BSM's fully integrated devices will enhance the client experience and reduce the development cycles necessary to deliver a solution to the end user.

About Quake Global

Founded in 1998, privately held QUAKE® designs, manufactures, and implements advanced wireless methods of asset tracking and monitoring through satellite, cellular, and other developing technologies. From its headquarters in San Diego and through a network of international distribution representatives, the company provides products and design services to OEM's and other companies in the heavy equipment, aviation, and trucking industries, as well as in utility, gas & oil, maritime, and rail applications. Quake Global is proud of its world-wide reputation for providing high-quality subscriber communicators to Caterpillar, Hitachi, Komatsu, Volvo Construction, Volvo Trucks, XATA, and many others. Quake is ISO 9001:2000 certified by TUV Management Service. For more information, visit www.quakeglobal.com or call + 1 (858) 277-7290.

About BSM Technologies

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 two 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 the BSM SFX1000B Multi protocol terrestrial device 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.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This News Release may include certain "forward-looking statements" that involve risks and uncertainties. Actual results may differ materially from results indicated in any forward-looking statements. The company cautions that, among other things, in view of the rapid changes in communications markets and technologies, and other risks including the cost and market acceptance of the company's new products, the level of individual customer procurements and competitive product offerings and pricing, and general economic circumstances, the company's business prospects may be materially different from forward-looking statements made by the company.

This release shall not constitute an offer to sell or the solicitation of any offer to buy securities in any jurisdiction. The common shares of the Company have not been registered under the United States Securities Act of 1933, as amended, and they may not be offered or sold in the United States absent registration or an applicable exemption from registration.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information