MISSISSAUGA and KANATA, ON, Feb. 23 /CNW/ - BSM Technologies Inc, (GPS: tsx-v) (http://www.bsmtechnologies.com) a leading provider of high security vehicle tracking secure fleet management and surveillance solutions and TireStamp Inc. of Kanata Ontario, today entered into a Teaming agreement to trial TireVigil Tire Monitoring and Asset Management products to BSM customers. To complement BSM's commitment to all truck fleets for safety, security, accuracy of information and to reduce operating costs and tire failures, this teaming will provide truck fleet and service vehicle owners and management with critical information for real operating savings, reduced scrutiny and fines by Transport Ministries and Departments. TireVigil(TM) has been designed specifically for commercial and passenger fleets. It allows fleets to manage their tire assets while they are on the road. Constant updates are transmitted from tire sensors via BSM Wireless' on-board asset tracking SentinelFM solution, allowing Fleet owners to receive proactive tire alerts in addition to accessing management and operational reports over the Internet." says Michael Bookbinder, VP Sales and Marketing at BSM. Michael Bookbinder continued "BSM is all about providing our fleet customers with value added services to help them remain competitive and cost effective. The addition of the TireVigil(TM) suite of products adds to our growing list of fleet requested features and demonstrates our commitment to our customers to deliver feature rich solutions to their day to day operational needs." "The TireVigil(TM) product is the first on the market to offer advanced tire performance monitoring, allowing fleets to receive tire alerts and take preventative maintenance actions before their tires fail. By utilizing our 100% automated tire data collection technologies, fleets can get ahead of tire problems before they escalate into operational nightmares." said Scott Feagan, TireStamp's CEO. "Poor tire maintenance is a major cause of accidents. Better tire performance will reduce tire related incidents and associated costs. Fleets will use their tire performance data to better manage tire assets, drive vehicle efficiencies and operate in a safer environment knowing that tire pressure monitoring systems are at work." This press release is available on the official BSM investor relations site for investor commentary, question and discuss. Shareholders are asked to visit http://www.agoracom.com/IR/BSM. Alternatively, shareholders can e-mail questions to GPS(at)agoracom.com where they can also request addition to the BSM investor e-mail list. About TireStamp TireStamp is an asset intelligence company, which collects and analyzes tire data on passenger and commercial vehicles. TireStamp provides expertise on tires and their effects on operational costs, tire life-cycle management, vehicle safety, fuel efficiency, asset management and other critical performance data. Its customers are commercial fleets, telematics companies and tire and vehicle OEMs. Its TireVigil(TM) service allows fleets to reduce tire and fuel costs and improve operations and fleet safety. For additional information please visit our web site at www.tirestamp.com. About BSM Technologies (GPS:TSX-V) (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 subsidiaries BSM Wireless and HGI 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 major Law Enforcement agencies to deter vehicular, trailer and heavy equipment theft. BSM's role as the leading provider of Bait Car technology to hundreds of police forces is based on an impressive track record of almost a 100% conviction rate in the prosecution of criminals caught through application of BSM technology. Wherever it is implemented, BSM's Bait Car technology is usually successful in reducing vehicular theft by up to 40%. 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 solution, 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. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. 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. %SEDAR: 00008990E