SecTrack NV settles legal dispute with Satamatics Limited

Woodbridge, Ontario, CANADA – BSM Technologies Inc.(www.bsmwireless.com) (GPS: TSX-V), a leading provider of high security vehicle tracking and surveillance, announces that its wholly owned subsidiary, SecTrack NV has reached a full and final settlement ofall outstanding legal disputes with its key supplier, Satamatics Limited and a former employee.

SecTrack Settles Legal Dispute with Satamatics Limited