Agoracom

Woodbridge, Ontario, CANADA, July 3, 2007 – BSM Technologies Inc. (“BSM” or the “Company”) (GPS: TSX-V), a leading provider of high security vehicle tracking and surveillance solutions, announces that its wholly-owned subsidiary, SecTrack NV (“SecTrack”) has obtained a without notice Order for Injunction (the “Order”) from the High Court of Justice of England and Wales. The Order has been issued against Satamatics Limited (“Satamatics”), a supplier of SecTrack as well as a former employee of SecTrack to protect certain confidential information of SecTrack pending a return hearing which is scheduled to be held on July 10, 2007. SecTrack is alleging that Satamatics is acting contrary to a distribution agreement entered into with SecTrack under which Satamatics agreed to protect SecTrack’s confidential information. It is further alleged that the former employee is acting with Satamatics to misuse such information. The Order was sought to limit the damages that may be suffered by SecTrack and to enable the Company to investigate the matter more fully. SecTrack has commenced an action in England against Satamatics and the former employee seeking damages, an account of profit and other remedies for, among other things, alleged breach of the distribution agreement, alleged breach of confidentiality, alleged conspiracy to injure SecTrack by unlawful means and alleged breach of fiduciary or equivalent duties. About BSM Technologies 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 subsidiary BSM 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 hundreds of Law Enforcement agencies to deter vehicular, trailer and heavy equipment theft. 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 solutions, 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. Company Contact Mr. Nick Cirella President & CEO BSM Technologies Inc. 1-(905) 265-1200 nickcirella@bsmwireless.com www.bsmwireless.com Retail Investor Inquiries AGORACOM Investor Relations http://www.agoracom.com/IR/BSM GPS@agoracom.com 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 This release shall not constitute an offer to sell or the solicitation of any offer to buy securities in any jurisdiction. The common shares of the Company have not been registered under the United States Securities Act of 1933, as amended, and they may not be offered or sold in the United States absent registration or an applicable exemption from registration.