BSM Announces Debt Settlement with Former Employees of BSM’S Subsidiary, Netistix

Woodbridge, Ontario, CANADA – BSM Technologies Inc. (GPS: TSX-V)(http://www.bsmwireless.com) a leading provider of high security vehicle tracking and surveillance solutions, today announced that is has agreed to settle the debts of 10 former employees of BSM’s recently acquired wholly owned subsidiary, Netistix for shares of BSM.

BSM Announces Debt Settlement with Former Employees of BSM’s Subsidiary, Netistix