BSM Technologies Appoints Two New Members to Executive Team


May 19, 2011 (Canada NewsWire Group) —

WOODBRIDGE, ON, May 19 /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 the appointment of Alban Hoxha as Chief Technology Officer and Lisa Hunter as Executive Vice-President Sales and Marketing.

“With our continuing sales momentum and demand for custom technology solutions we saw the need to add team members that could advance our capabilities,” said Aly Rahemtulla, President and CEO. “Alban and Lisa both have extensive experience in the telematics industry and understand the needs of our customers.”

Mr. Hoxha has over 15 years of information technology experience and most recently was Vice-President of Systems and Development at Interfleet Inc., a division of WebTech Wireless, where he led development teams and directed information technology operations for both domestic and international operations. Ms. Hunter also comes to BSM from Interfleet, where she has served as Vice-President of Sales since 2005. In this role she contributed to significant revenue growth and built a successful sales team.

“Both of these individuals are highly skilled and will be valuable to BSM as we grow our business,” added Mr. Rahemtulla. “I look forward to working with them.”

About BSM Technologies
BSM Technologies, through its subsidiary BSM Wireless Inc., is a leading provider of remote monitoring, fleet tracking, fleet maintenance, and automated vehicle security systems 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.

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Mr. Aly Rahemtulla
President & CEO
BSM Technologies Inc.

Craig MacPhail
TMX | Equicom
416-815-0700, ext. 290