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's Bait Car Technology has received major Coverage on CNN's "The Situation Room" hosted by Wolf Blitzer and NBC's Today Show.
The CNN program highlights a video obtained from the www.Baitcar.com website. The segment features the efforts from a police force in British Columbia which uses BSM's Bait Car Technology. There is also a mention of the Minneapolis Police Force efforts to curb car thefts. The segment states that car thefts are down by 30% in that city. The Minneapolis Police Force also uses BSM's Bait Car Products. The CNN feature can be viewed at the following link:
As reported in our Press Release dated March 7, 2006, Dallas Texas' Regional Auto Theft Tracking & Law Enforcement Response (RATTLER) bait vehicle initiative has resulted in over 100 arrests and over 60 convictions as of January 31, 2006. The arrestees have a combined total of 428 prior arrests demonstrating the success of bait vehicle programs in apprehending experienced thieves. As of December 31, 2005 auto-thefts in Dallas were down 10.52%. So far during January of 2006, auto theft is down 18.87%, during a month that traditionally has the second highest auto theft rates.
This news is now further enhanced as NBC's Today Show, did a feature on the Dallas Bait Car Program. The feature can be view at the following location:
Nick Cirella, President and CEO of BSM stated "I am very pleased that our products are the focus of widespread US Media attention. CNN's feature on both the British Columbia and Minneapolis Police force plus NBC's feature on the Dallas Police's anti-theft initiatives further enhances our stature as leaders in Bait Car Technology."
This press release is available on the official BSM investor relations site for investor commentary, questions and discussion. Shareholders are asked to visit http://www.agoracom.com/IR/BSM Alternatively, shareholders can e-mail questions to GPS@agoracom.com where they can also request addition to the BSM investor e-mail list.
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 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. BSM's role as the leading provider of Bait Car technology to hundreds of police forces is based on an impressive track record of almost a 100% conviction rate in the prosecution of criminals caught through application of BSM technology. 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.
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.
For further information: please contact: Nick Cirella, firstname.lastname@example.org, Tel: 905-502-1599, Fax: 905-502-5159. AGORA Investor Relations Corp., Web: http://www.agoracom.com/IR/BSM, E-mail: GPS@agoracom.com