WOODBRIDGE, ON, Oct. 5 /CNW/ - BSM Technologies Inc, (GPS: tsx-v) (http://www.bsmtechnologies.com) a leading provider of high security vehicle tracking, surveillance and fleet management solutions today announced that it has completed its second sale for 100 Sentinel FM units to one of Canada's largest Transportation Companies. This unnamed company (UNC) is one of the largest transportation companies in North America and is a leader in its industry. The UNC will install the Sentinel FM units on all types of vehicles in the United States. SUCCESSFUL PILOT PROGRAM GENERATES ADDITIONAL SALE As previously reported in our press release of May 3, 2006, this UNC tested the Sentinel FM units on different types of vehicles including trailers and chassis in Canada. The successful program has now generated a second order for its US based vehicles. The deal is again estimated to be worth in excess of $200,000 in revenues to BSM Technologies over the life of the contract. The name of this company is withheld for security reasons. BSM anticipates further sales to this company in the near future. "We are very happy to report that our initial pilot program in Canada with this UNC was an enormous success," stated Nick Cirella, President of BSM Technologies. "This is a further indication that our Sentinel FM product is in a class of its own and is truly marketable in both Canada and the United States. We look forward to a long lasting relationship with this UNC and the marketing of our product to more transportation companies in North America." This press release is available on the Company's official investor relations site for investor questions and commentary at http://www.agoracom.com/IR/BSM Alternatively, investors are able to e-mail their questions to GPS(at)agoracom.com where they can also request addition to the BSM investor e-mail list. 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.
