BSM Technologies Inc, (GPS: tsx-v) (http://www.bsmtechnologies.com) a leading provider of high security vehicle tracking and surveillance solutions today announced that it has completed the development and installation of the industry's most advanced tracking and security solution for trailers and chassis's in the AVL market.
TWENTY-FOUR HOUR SECURITY SOLUTION FOR TRAILERS
Working in conjunction with this long haul trucking company, BSM Technologies has developed and is in the process of installing on their entire fleet an advanced, cost effective and feature rich solution for trailers and chassis's regardless of fleet size. This trucking company in particular now offers their drivers the opportunity of picking up trailers at any time of day or night and can automatically notify the dispatcher or other authorized staff directly to their cell phone or PDA, about a pickup or drop off of a trailer or chassis.
This unique solution adds to the commitment that BSM is making to the transportation segment from tractors, trailers and chassis tracking to that of locating, security, cargo protection and asset utilization. Effective Asset Utilization is becoming a major factor in the efficient operations of many fleet operators by helping to address the growing need for better asset utilization and operational efficiencies.
"After piloting the initial trailer tracking solution and with ongoing interaction with the Trucking company's executives, dispatcher and lead mechanic, we were able to develop a solution for every type of trailer or chassis. A BSM Wireless solution is based on a high degree of accuracy, security and robust reporting for the industry and provides this information for integration with other backend applications." Says Michael Bookbinder, Director of Sales at BSM Wireless.
Michael Bookbinder, continued "The Toronto region-head office of this carrier was already using satellite tracking for their tractor power units and required an innovative, accurate and well mapped solution for its trailers for theft prevention, locating and asset tracking."
"After a recent pilot program, the long haul carrier is now able to meet and achieve all of the criteria as set out for the implementation of AVL-based trailer tracking. Utilizing user defined geo zones, sensors and battery status and reporting whether tethered or untethered."
About BSM Technologies (GPS:TSX-V) (http://www.bsmtechnologies.com)
BSM Technologies designs, manufactures and markets a comprehensive line of AVSL (Automatic Vehicle Security and Tracking) solutions for Fleet Management, Law Enforcement, and Consumer Vehicle Protection, through its subsidiaries BSM Wireless and HGI Wireless. The BSM line of products range from Fleet and Trailer Management and Consumer Vehicle Protection offerings to the full featured "Stinger" product featured in news media worldwide as the key technology behind the Bait and Covert application used by major Law Enforcement agencies to deter vehicular, trailer and heavy equipment theft. Wherever it is implemented, BSM's Bait Car technology is usually successful in reducing vehicular theft by up to 40%.
Superior functionality, seamless switching between 2 separate footprints, enhanced reliability, advanced security features, and excellent value, characterize BSM products. By incorporating advanced wireless locating and mapping technology, and IP-based communications protocols, the BSM line of products provides sophisticated real-time monitoring and control of commercial and personal vehicle assets to meet the demanding needs and stringent requirements of today's mobile environments. BSM's unique end-to-end solution, features sophisticated wireless hardware, firmware and software all developed by and proprietary to BSM. The BSM product line can be easily adapted and customized to match any customer user requirement while BSM's in-house support infrastructure assures that all clients receive the premium AVSL solution in the industry to meet their needs.
This press release is available on the company's official on-line investor relations site for investor commentary, feedback and questions. Investors are asked to visit www.agoracom.com and view the "BSM Technologies" Investor Discussion and Contact Forum.
The TSX Venture Exchange has not reviewed and does not accept 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. This News Release may include certain "forward-looking statements" that involve risks and uncertainties. Actual results may differ materially from results indicated in any forward-looking statements. The company cautions that, among other things, in view of the rapid changes in communications markets and technologies, and other risks including the cost and market acceptance of the company's new products, the level of individual customer procurements and competitive product offerings and pricing, and general economic circumstances, the company's business prospects may be materially different from forward-looking statements made by the company.
%SEDAR: 00008990E
For further information: please contact: Nick Cirella, ncirella@bsmtechnologies.com, Tel: (905) 265-1200, Fax: (905) 265-1288; Agora Investor Relations Corp., Web: http://www.agoracom.com/IR/BSM, E-mail: GPS@agoracom.com
