Woodbridge, Ontario, CANADA – BSM Technologies Inc, (BSM)(GPS: TSX-V)(http://www.bsmwireless.com) a leading provider of high security vehicle tracking and surveillance solutions today announced that revenues for the quarter ended March 31, 2008 were $1,643,674. The decrease of $478,199 from March 31, 2007 quarterly revenues of $2,121,873 can be attributed to a hardware order backlog. As at March 31, 2008 backlog in hardware orders, caused by supply delays from the hardware supplier, was $1,375,500.

BSM Technologies Reports Second Quarter 2008 Revenues of $1.64 Million