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Press release from CNW Group

BSM Technologies Announces Resignation of Chief Financial Officer

Wednesday, June 12, 2013

BSM Technologies Announces Resignation of Chief Financial Officer

07:00 EDT Wednesday, June 12, 2013

TORONTO, June 12, 2013 /CNW/ - BSM Technologies Inc. ("BSM" or the "Company") (TSX-V: GPS), a leading provider of remote monitoring, fleet management, fleet diagnostics and automated vehicle security systems, today announced the resignation of the Company's Chief Financial Officer. The necessary measures have been put in place to locate a suitable candidate to fill the position.

Aly Rahemtulla, President and Chief Executive Officer of the Company, said "On behalf of the Company, I want to thank Ms. Stranges for her work and wish her success in her future endeavours."

About BSM Technologies Inc. (bsmwireless.com)
BSM Technologies Inc., through its subsidiary BSM Wireless Inc., is a leading provider of remote monitoring, fleet tracking, fleet maintenance, and business intelligent engine providing real time, web-based tracking of mobile and fixed assets. BSM provides solutions for commercial, government, and law enforcement organizations who manage and operate diverse assets and large fleets, and who seek to enhance customer service, improve the safety of their drivers and vehicles, and lower business costs.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts 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.

SOURCE: BSM Technologies Inc.

For further information:

Aly Rahemtulla
President & CEO
BSM Technologies Inc.
(416) 675-1201
arahemtulla@bsmwireless.com

Fil Marinkovic
TMX Equicom
(416) 815-0700 ext. 289
fmarinkovic@tmxequicom.com

Craig Armitage
TMX Equicom
(416) 815-0700 ext. 278
carmitage@tmxequicom.com

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