BSM Technologies Ranked Number 291st Fastest Growing Company in North America on Deloitte’s 2011 Technology Fast 500™


Toronto ON – BSM Technologies Inc. (“BSM” or the “Company”) (TSX-V: GPS), a leading provider of remote monitoring, fleet and asset management, fleet diagnostics and automated vehicle security systems, today announced that it ranked number 291 on Technology Fast 500™, Deloitte’s ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the period from 2006-2010. BSM Technologies grew 292 percent during this period.

“We are pleased to be included in the Technology Fast 500,” said Aly Rahemtulla, BSM’s President and CEO. “Our strong growth in revenue is the result of BSM’s leading technology, our ability to develop custom solutions that address unique industry challenges and our complete commitment to our customers.”

“BSM Technologies and all the Technology Fast 500™ winners in 2011 have shown a remarkable drive for creativity and innovation, and of course growth, particularly when you look at their accomplishments in the context of current economic challenges,” said Richard Lee, National Leader, Technology, Media and Telecommunications Industry Group, Deloitte Canada. “Deloitte congratulates BSM Technologies for this significant achievement.”

“We are pleased to honour BSM Technologies as one of the 2011 Technology Fast 500,” said Mark Jensen, Managing Partner, Technology and Venture Capital Services, Deloitte and Touche LLP. “As one of the fastest growing tech companies in North America, BSM Technologies has demonstrated technological innovation, entrepreneurship and rapid growth.”

For additional detail on the Technology Fast 500™ including selection and qualifying criteria, visit www.fast500.com.


About BSM Technologies

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.

As used in this document, “Deloitte” means Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.

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


For more information please contact:

Aly Rahemtulla

President & CEO

BSM Technologies Inc.

1-416‐675-1201

aly@bsmwireless.com

Craig MacPhail
TMX | Equicom
416-815-0700, ext. 290
cmacphail@equicomgroup.com