BSM Announces Voting Results from Annual General and Special Meeting of Shareholders

TORONTO, March 13, 2015 /CNW/ - BSM Technologies Inc. ("BSM" or the "Company") (TSX-V: GPS), a leading provider of remote monitoring, fleet management, fleet diagnostics and automated vehicle security systems, today announced voting results from its Annual General and Special Meeting of Shareholders (the "Meeting") held yesterday in Toronto.

A total of 25,532,365 common shares, representing 53.51% of the Company's issued and outstanding common shares, were voted in connection with the Meeting. BSM shareholders voted in favour of all items of business, including the election of each of the following director nominees:

Mr. Frank Maw
Mr. Aly Rahemtulla  
Mr. Pierre Bélanger  
Mr. Greg Rokos  
Mr. David Yach

The resolutions with respect to (i) the re-appointment of PricewaterhouseCoopers LLP as the auditors, and (ii) the re-approval of the Company's First Amended and Restated Stock Option Plan, all as further described in the Company's management information circular dated February 10, 2015 (the "Circular"), were passed at the Meeting.

At the first meeting of the elected Board of Directors held immediately after the Meeting, the following individuals were re-appointed as officers of the Company:

Mr. Aly Rahemtulla, President and Chief Executive Officer
Mr. Louis De Jong, Chief Financial Officer and Corporate Secretary
Mr. Suresh Periyalwar, Chief Operating Officer
Mr. Stewart Pinos, Chief Commercial Officer

About BSM Technologies Inc. (bsmwireless.com)
BSM Technologies Inc., through its subsidiaries, is a leading provider of remote monitoring, fleet tracking, fleet maintenance and a business intelligence engine providing real time webbased tracking of mobile and fixed assets. BSM provides solutions for commercial, government, and law enforcement organizations who manage and operate diverse assets and large fleets, and who seek to enhance customer service, improve the safety of their drivers and vehicles, and lower business costs.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts 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.

For more information, please visit http://www.bsmwireless.com

SOURCE BSM Technologies Inc.

For further information: Aly Rahemtulla, President & CEO, BSM Technologies Inc., (416) 675-1201, arahemtulla@bsmwireless.com; Conrad Seguin, TMX | Equicom, 416.815.0700 x 251cseguin@tmxequicom.com


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