FSC / Press Release
BSM appoints Investor Relations
Woodbridge, Ontario CANADA, June 15, 2006 /FSC/ - BSM Technologies Inc. (GPS - TSX Venture), (GPS, or the "Company") is pleased to announce that it has appointed Mr. Lindsay Malcolm to provide Investor Relations services for the Company, subject to regulatory approval.
The Investor Relations Agreement stipulates a minimum term of twelve months at a rate of $2,500/month plus expenses. Mr. Malcolm brings 20 years of Investor Relations experience in the North American public markets to BSM. He has provided comprehensive Investor Relations services to small cap, high growth Canadian public companies across many different industries. Mr. Malcolm will provide BSM with strategic Investor Relations counsel, targeted investor contact development and outreach, and provide for an integrated corporate communications management program.
"The addition of Mr. Malcolm to the Management team at BSM will provide our shareholders and the financial community with a single point of contact for reliable information concerning the activities of the Company", commented Nick Cirella, President & CEO. "Importantly, having a dedicated Investor Relations function will certainly free-up our time and allow for an increased focus on strategic management. While current management remains accessible, I invite any interested shareholders to give Mr. Malcolm a call on our new toll-free number at their convenience."
About BSM Techologies Inc. www.bsmtechnologies.com
BSM Technologies and its subsidiaries, HGI Wireless and BSM Wireless, design, manufacture and market a comprehensive line of high security vehicle tracking and surveillance solutions for Law Enforcement Bait and Covert, High Security and Executive Protection, Fleet Management and Consumer Safety. BSM products are designed with the enhanced reliability, functionality and security today's GPS technology allows. By also incorporating advanced mapping and wireless technologies, the BSM line of products provide sophisticated real-time monitoring and control of vehicle assets. The BSM line of products range from our Fleet and Trailer management edition, to our full featured "Stinger" featured in news media worldwide as the key technology behind the "Bait and Covert" application used by Law Enforcement to deter auto, trailer and heavy equipment theft. That same quality and attention to detail is dedicated to the manufacture of all our products. Recognized as an industry leader in Covert Telematics, BSM provides solutions for any asset-tracking requirement. Our product line can be adapted any requirement and our support infrastructure assures our clients the premium GPS solution in the industry.
Company Contacts:
Lindsay Malcolm Nick Cirella
Investor Relations President & CEO
1-877-713-7465 (toll-free) Tel: (905) 265-1200
lmalcolm@bsmwireless.com ncirella@bsmtechnologies.com
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