BSM Technologies awarded contract with a Fortune Global 500 Company

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BSM Technologies Inc.

Nov 14, 2013, 10:44 ET

TORONTO, Nov. 14, 2013 /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 that through one of its key US channel partners it has been awarded a contract to deploy its Sentinel FM solution with the North American Division of a Fortune Global 500 Company.

Under the terms of the agreement, BSM will provide the client with 1,300 Sentinel FM units in addition to 300 units that have previously been deployed as part of a proof of concept program with the customer.  The SFM 7000 model was chosen for its enhanced functionality including support for routing, dispatch and hours of service (HOS).

"This win is further evidence of the compelling ROI that the Sentinel solution is able to provide to our customers," said Aly Rahemtulla, President and CEO of BSM Technologies. "This agreement is the latest in a series of contract wins that demonstrate our continued sales momentum with large enterprise fleets."

About BSM Technologies (bsmwireless.com)
BSM Technologies, through its subsidiary BSM Wireless Inc., is a leading provider of remote monitoring, fleet tracking, fleet maintenance, and business intelligent engine providing real time, web‐based 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.

Aly Rahemtulla
President & CEO
BSM Technologies Inc.
(416) 675-1201
[email protected]

Fil Marinkovic
TMX Equicom
(416) 815-0700 ext. 289
[email protected]

Craig Armitage
TMX Equicom
(416) 815-0700 ext. 278
[email protected]

Organization Profile

BSM Technologies Inc.

With more than 20 years of experience, BSM Technologies Inc., through its subsidiaries and affiliates, is a leading provider of Internet of Things (IoT) enabled telematics and asset management solutions. Focused on the Government, Service, Rail and Construction markets, BSM...