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BSM Receives Follow Up Order from Fortune 500 Canadian Transportation Company; $200K Deal to Commence on US Vehicles
BSM Receives Follow Up Order from Fortune 500 Canadian Transportation Company; $200K Deal to Commence on US Vehicles.
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[{"type":"text","content":"\n\n\n\n\nWOODBRIDGE, ON, Oct. 5 /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 its second sale for 100 Sentinel FM units to one of Canada's\nlargest Transportation Companies. This unnamed company (UNC) is one of the\nlargest transportation companies in North America and is a leader in its\nindustry. The UNC will install the Sentinel FM units on all types of vehicles\nin the United States.\n\nSUCCESSFUL PILOT PROGRAM GENERATES ADDITIONAL SALE\n\nAs previously reported in our press release of May 3, 2006, this UNC\ntested the Sentinel FM units on different types of vehicles including trailers\nand chassis in Canada. The successful program has now generated a second order\nfor its US based vehicles. The deal is again estimated to be worth in excess\nof $200,000 in revenues to BSM Technologies over the life of the contract.\nThe name of this company is withheld for security reasons. BSM\nanticipates further sales to this company in the near future.\n\"We are very happy to report that our initial pilot program in Canada\nwith this UNC was an enormous success,\" stated Nick Cirella, President of BSM\nTechnologies. \"This is a further indication that our Sentinel FM product is in\na class of its own and is truly marketable in both Canada and the United\nStates. We look forward to a long lasting relationship with this UNC and the\nmarketing of our product to more transportation companies in North America.\"\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) (http://www.bsmtechnologies.com)\n\nBSM Technologies designs, manufactures and markets a comprehensive line\nof AVSL (Automatic Vehicle Security and Tracking) solutions for Fleet\nManagement, Law Enforcement, and Consumer Vehicle Protection, through its\nsubsidiaries BSM Wireless and HGI Wireless. The BSM line of products range\nfrom Fleet Management and Consumer Vehicle Protection offerings to the full\nfeatured \"Stinger\"...