WOODBRIDGE, ONTARIO, Jul 31, 2007--BSM Technologies Inc, (TSX VENTURE: GPS) (http://www.bsmtechnologies.com) a leading provider of high security vehicle tracking and surveillance solutions today announced that it has completed a sale to William F. White International (WFW). The order placed by WFW is worth in excess of $ 200,000 over life of the contract.
William F. White International provides state-of-the-art lighting, grip, camera support, and related production equipment to the film, television and theatrical industries. Their goal is to keep abreast of the ever changing and demanding requirements of the innovative professionals who use their services. As their mission statement states: "Our Business Is Relationships Founded On Integrity, Trust, Quality Of Service And Mutual Reward Through Team Commitment And Dedication".
Locations include Toronto, Ottawa, Montreal, Halifax, Winnipeg, Regina, Calgary and Vancouver.
The BSM Fleet Management system will provide the company with a focus to manage vehicle efficiency, reduce operating expenses, improve maintenance recording, and provide additional security for these high-value assets in real-time.
"Our primary reason for getting the SentinelFM solution is to be able to track and locate our assets in an equipment rental application. William F. White is pleased to have this system; we feel that it is a very useful investment. It provides security for our equipment, and our people. This is what SentinelFM helps us achieve." Stated by Bruce Smith, General Manager, Generators.
Nick Cirella, President and CEO of BSM stated "We are excited to have William F. White International as part of our growing list of valued customers. BSM's focus, execution and commitment to our customers remains second to none. We continue to lead the industry and add to our customer base by anticipating customers' needs and bringing innovative products and solutions to market."
About WFW
William F. White International is the largest Canadian supplier of state-of-the-art lighting, grip, camera support, and related production equipment to the film, television and theatrical industries. Whether theatre, television or a grand scale movie production, hundreds of behind the scenes people who collaborate to produce superb results on the screen. The dedicated professionals at William F. White International are proud to be recognized as an integral part of the motion picture and television industry in Canada and throughout the world.
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 two 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 feature 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.
About SecTrack (an international distributor of AVSL solutions; a division of BSM Technologies Inc.)
SecTrack sells Inmarsat D+ transceivers and airtime subscription to value added resellers around the world. These VARs are typically local companies who have built a proper monitoring and tracking service for end-users in a multitude of maritime and land based sectors including nuclear transport monitoring, mining, security tracking of trucks, trailers and other vehicles and tracking of airplanes and rescue helicopters. The company's customer base is spread over Europe, Asia, Africa and Central and South America.
Except for historical information contained herein, this news release contains forward looking statements that involve risks and uncertainties. Actual results may differ materially. Factors that might cause a difference include, but are not limited to, market acceptance of principal products, the impact of competitive products and technologies, the possibility of products infringing patents and other intellectual property of fourth parties, and costs of product development. 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.
Contacts: BSM Technologies Inc. Mr. Nick Cirella President & CEO (905) 265-1200 Email: nickcirella@bsmwireless.com Website: www.bsmwireless.com Retail Investor Inquiries AGORACOM Investor Relations Email: GPS@agoracom.com Website: http://www.agoracom.com/IR/BSM