BSM Technologies Reports 2007 Revenues of $8.29

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 revenues for the year ended September 30, 2007 increased by 141% to $8,293,177, compared to $3,442,201 for the year ended September 30, 2006. The Company attributes much of this growth to subscriber growth, as well asthe success of its SecTrack acquisition on January 31, 2007.

BSM Technologies Reports 2007 Revenue of $8.29 Million