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BSM Installs 50 Units of SentinelFM Vehicle Tracking in Phase 1 Rollout with Major Construction Company. Potential For Additional 450 Units In 2006
BSM Installs 50 Units of SentinelFM Vehicle Tracking in Phase 1 Rollout with Major Construction Company. Potential For Additional 450 Units In 2006.
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[{"type":"text","content":"\n\n\n\n\nMISSISSAUGA, ON, Jan. 18 /CNW/ - BSM Technologies Inc, (GPS: tsx-v)\n(http://www.bsmtechnologies.com) a leading provider of high security vehicle\ntracking, surveillance and fleet management solutions today announced that it\nhas completed phase 1 installation of a vehicle tracking, locating, security\nand fleet management application for a major construction company based out of\nOntario. For security reasons, the identity of the Unnamed Major Construction\nCompany (\"UMCC\") will remain confidential.\n\nTOTAL UMCC POTENTIAL INSTALLATIONS AS HIGH AS 500 IN 2006\n\nConditional on the successful realization of pre-determined performance\nmetrics during phase 1, the UMCC may implement up to an additional 450 units\nof SentinelFM during the course of 2006. Some of those metrics include robust\nreporting, two way communications with the onboard intelligent vehicle\ntracking device and ability to control security, abuse of vehicle idling\nduration and other cost and safety efficiencies. BSM's ability to already\ndeliver on these requirements served as the basis for its selection by the\nUMCC.\n\"Based on the high cost of fuel to run their vehicles and construction\ndevices, this construction organization determined that they required a more\nefficient means of controlling onboard heating and high rates of idling time\nthat have now become major costs. In addition, security of their vehicles and\nassets also became an important part of the ROI equation\" said Michael\nBookbinder, VP Sales and Marketing at BSM Wireless.\nBookbinder continued \"To cut down fuel bills and provide driver comfort\nand safety, this company has implemented in-cabin heaters and company\nprocedures to reduce the inefficiencies of excessive idling time while\nmaintaining a reasonable level of heating comfort for the driver. Apart from\nlocation and tracking accuracy, BSM Wireless is providing very detailed idling\nreports on a real time basis for management to be constantly aware of\nexcessive fuel usage.\"\nThis press release is available on the Company's official investor\nrelations site for investor questions and commentary at\nhttp://www.agoracom.com/IR/BSM. Alternatively, investors are able to e-mail\ntheir questions to GPS(at)agoracom.com where they can also request addition to\nthe BSM investor e-mail list.\n\nAbout BSM Technologies (GPS:TSX-V)...