BSM Technologies Inc. Announces Appointment of Chief Sales Officer

TORONTO, Oct. 5, 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 that it has appointed Mr. Peter Callaghan as the Company's Chief Sales Officer. Mr. Callaghan was previously Senior Vice-President, Sales and Marketing at Webtech Wireless Inc. ("Webtech Wireless").

"We are very excited to have Peter join our senior leadership team," said Aly Rahemtulla, President and Chief Executive Officer of BSM. "Peter was a driving force behind the strong vertically driven sales momentum at Webtech Wireless. With his long track record of building successful sales and marketing teams, we look forward to him applying his talents and expertise at BSM to fuel organic revenue growth."

Mr. Callaghan brings more than 25 years of demonstrated success with a focus on developing and managing high performance sales and marketing teams. Prior to his appointment, Mr. Callaghan was responsible for leading Webtech Wireless' sales and marketing functions. Mr. Callaghan's career includes serving as Vice-President Worldwide Sales for DDS Wireless International Inc., as well other senior executive roles with a number of different technology companies. Mr. Callaghan is a graduate of the University of Waterloo.

Mr. Stewart Pinos has left his role as Chief Commercial Officer of the Company, effective immediately.

"We wish Stewart success in his future endeavours," said Aly Rahemtulla, President and Chief Executive Officer of BSM. "I want to personally thank Stewart for his commitment and dedication to BSM over the past year."

BSM's senior leadership team now consists of Aly Rahemtulla as President and Chief Executive Officer, Louis De Jong as Chief Financial Officer and Corporate Secretary, Larry Juba as Chief Operating Officer, Alban Hoxha as Chief Technology Officer and Peter Callaghan as Chief Sales Officer.

About BSM Technologies Inc. (bsmwireless.com)

BSM Technologies Inc., through its subsidiaries, BSM Wireless Inc., Webtech Wireless Inc., JMM Global and Lat-Lon, L.L.C., is a global top 20 commercial fleet telematics provider for automatic vehicle location (AVL) solutions that improve efficiency, accountability and reduce costs for fleet operators. BSM's end-to-end solutions automate record keeping and regulatory compliance, reduce fuel burn and idling, mitigate risk, and keep drivers safe. BSM provides solutions for commercial and government units who manage and operate diverse assets and large fleets that utilize its integrated fleet tracking, fleet maintenance, and intelligent business engine which provides real time, webbased tracking of mobile and fixed assets.

All amounts in Canadian dollars (CAD$) unless otherwise noted. Neither the TSX, the TSX Venture Exchange nor their Regulation Services Provider (as that term is defined in 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.

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain forward-looking statements or information under applicable Canadian, U.S. and other securities laws. Such forward-looking information and statements are often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "expect" and "intend" and statements that an event or result "may", "will", "should", "could", or "might" occur or be achieved and any other similar expressions. Such forward-looking information includes but is not limited to, statements with respect to the future performance of the Company. These forward looking statements, and any assumptions upon which they are based, are made in good faith and reflect BSM's current judgment regarding the direction of BSM's business. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those contained in the forward-looking information. Some of these risks, uncertainties and other factors are described under the heading "Risk Factors" in BSM's annual management discussion and analysis available at www.sedar.com. Forward-looking information is based on estimates and opinions of management at the date the statements are made. Except as required by applicable law, BSM does not undertake any obligation to update forward-looking information. Readers should not place undue reliance on forward-looking information.

SOURCE BSM Technologies Inc.

BSM Technologies Inc.: Aly Rahemtulla, President & Chief Executive Officer, BSM Technologies Inc., [phone], [email protected]; Conrad Seguin, Investor Relations, NATIONAL Equicom, [phone], [email protected]