Securing and Managing your Vehicles - Today and in The Future
Comprehensive Solutions for Fleet Management and Law Enforcement
February 12, 2008
JUST ANNOUNCED A $840,000 REPEAT ORDER!!!!!
BSM Technologies Inc. (GPS: TSXV)revenues for the year ended September 30, 2007 increased by 141% to $8,293,177, compared to $3,442,201 for the year ended September 30, 2006. The Company attributes much of this growth to subscriber growth, as well as the success of its SecTrack acquisition on January 31, 2007.
The company 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.
With its acquisition of SecTrack NV of Belgium, it has drastically increased its worldwide footprint.The company continues to sign deals to make its dual mode systems the envy of the industry.