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BSM Receives Order for 400 Plus Units of SentinelFM Vehicle Tracking Systems in Phase 2 Rollout with Major Construction Company, Total Contract Now Worth Over $800K
BSM Receives Order for 400 Plus Units of SentinelFM Vehicle Tracking Systems in Phase 2 Rollout with Major Construction Company, Total Contract Now Worth Over $800K.
About this update from Great Plains Metals Corp.
[{"type":"text","content":"\n\n\n\n\nSymbol: GPS (TSX-V)\n\nWOODBRIDGE, ON, April 18 /CNW/ - BSM Technologies Inc. (TSX - VX: GPS),\n(http://www.bsmtechnologies.com ) a leading provider of high security vehicle\ntracking, surveillance and fleet management solutions today announced that it\nhas received an order for phase 2 installation of SentinelFM from a major\nconstruction company based out of Ontario. For security reasons, the identity\nof the Unnamed Major Construction Company (\"UMCC\") will remain confidential.\n\nTOTAL CONTRACT TO BE WORTH IN EXCESS OF $800K\n\nAs first reported on January 18, 2006 the company initiated a test on 50\nunits during the Phase 1 Rollout. Upon a successful realization of pre-\ndetermined performance metrics during this phase, the UMCC has now initiated\nan order of an additional 400 plus units of SentinelFM. The company will\nreceive in excess of $800K over the life of the contract.\nSome of the metrics included robust reporting, two way communications\nwith the onboard intelligent vehicle tracking device and ability to control\nsecurity, abuse of vehicle idling duration and other cost and safety\nefficiencies. BSM's ability to already deliver on these requirements served as\nthe basis for its selection by the UMCC.\n\"I am very pleased to announce another major contract with a repeat\ncustomer,\" stated Nick Cirella, President and CEO. \"This contract is\nespecially pleasing to BSM since it was contingent on the performance of some\nvery strict metrics. Our SentinelFM product is a leader in this space and we\ncontinue to receive excellent feedback from our clients and prospective\nclients\" continued Mr. Cirella.\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:tsxv) (http://www.bsmtechnologies.com)\nBSM Technologies and its subsidiaries HGI Wireless and BSM Wireless\ndesign, manufacture and market a comprehensive line of high security vehicle\ntracking and surveillance solutions for: Law Enforcement Bait and Covert, High\nSecurity and Executive Protection, Fleet Management and Consumer Safety. BSM\nproducts are designed with th...