Category Archives: News

BSM Technologies reports record Adjusted EBITDA and 39% revenue growth in Fiscal 2013

Toronto, ON – 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 financial and operating results for the three and twelve month periods ended September 30, 2013. All results are in Canadian dollars unless otherwise stated. Financial and […]

BSM Technologies reports 39% growth in revenue in Q3 2013

Toronto, ON – 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 financial and operating results for the three- and nine-month periods ended June 30, 2013. All results are in Canadian dollars unless otherwise stated. Q3 2013 Financial […]

BSM Technologies Completes Acquisition of AutoVision Wireless Inc.

Toronto, ON – 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 closing of its previously announced intention to acquire AutoVision Wireless Inc. (“AutoVision”), a private company in the telematics industry, for up to $14.7 million in […]

BSM Technologies reports 97% EBITDA growth in Q2 2013

Toronto, ON – 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 financial and operating results for the three- and six-month periods ended March 31, 2013. All results are in Canadian dollars unless otherwise stated.   Q2 2013 […]

BSM Technologies Announces Binding Letter of Intent to Acquire Telematics Company

  Toronto, ON – 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 that it has entered into a binding letter of intent dated March 18, 2013 (the “LOI”)  with a private, arms-length company in the telematics industry […]

BSM Technologies reports record revenue and earnings in Q1 2013

Toronto, ON – 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 financial and operating results for the three months ended December 31, 2012. All results are in Canadian dollars unless otherwise stated. Q1 2013 Financial Highlights ($ […]

BSM Technologies Inc. Announces Closing of Prospectus Offering of Common Shares

TORONTO, Ontario – 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 closing of its prospectus offering (the “Offering”) of common shares (the "Common Shares"). Pursuant to the Offering, the Company issued 6,160,665 Common Shares priced at […]

BSM Technologies grants options to Directors and Officers

Toronto, ON – 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 that on January 15, 2013 the Company granted a total of 1,280,500 stock options to directors and officers of the Company. Each stock option allows the […]

BSM Technologies awarded contract with North America’s largest electrical generating distribution company

Toronto, ON – 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 that it has been awarded a contract to provide its Sentinel FM asset tracking solution to a major Canadian utility company. Under the terms of the […]

BSM Technologies reports 166% Net Income growth and 90% EBITDA growth in Fiscal 2012

Toronto, ON – 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 financial and operating results for the three and twelve months ended September 30, 2012. Financial Highlights ($ thousands) Net income: $635 for the quarter and $1,541 for […]

BSM Technologies appoints David Yach to its Board of Directors

Toronto ON,  – 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 David Yach has been appointed to its Board of Directors. Mr. Yach was the Chief Technology Officer for Software at Research In Motion (RIM) until retiring in […]

BSM Technologies brings on Owen Moore as Executive Vice President of Sales

Toronto, ON – 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 Owen Moore has joined in the capacity of EVP, Sales. Mr. Moore was President and Co-Founder of Grey Island Systems International until successfully selling the company in […]

BSM Technologies releases new Sentinel and iTrax hardware

Toronto ON,  – BSM Technologies Inc. (“BSM” or the “Company”) (TSX-V: GPS), a leading provider of remote monitoring, fleet and asset management, fleet diagnostics and automated vehicle security systems, announced today the release of new hardware modules with increased flexibility and improved customer features.   The SFM 3000 and 7000 are lower cost hardware modules […]

BSM Technologies wins contract with MTS

Toronto ON, September 5, 2012 – BSM Technologies Inc.(“BSM” or the “Company”) (TSX-V: GPS), a leading provider of remote monitoring, fleet management, fleet diagnosticsand automated vehicle security systems, today announced that it has been awarded a three-year contract to provide its Sentinel FM asset tracking solution to MTS Inc., Manitoba’s leading full-service communications provider.   […]