BSM Technologies Reports First Quarter Revenues of $2.08 Million

Woodbridge, Ontario, CANADA – BSM Technologies Inc, (BSM)(GPS: TSX-V) ( a leading provider of high security vehicle tracking and surveillance solutions today announced that revenues for the quarter ended December 31, 2007 increased by 48% to$2,077,408, compared to $1,400,410 for the for the quarter ended December31, 2006. The Company attributes much of this growth to subscriber growth, as well as the success of its SecTrack acquisition on January 31, 2007.

BSM Technologies Reports First Quarter 2008 Revenues of $2.08 Million