BSM Technologies announces Director resignation

TORONTO, April 30, 2012 /CNW/ - 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 that Nick Cirella has resigned from the Board of Directors.

"Nick has been a valuable contributor to BSM Technologies as founder, CEO and member of the Board," said Frank Maw, Chairman of the Board. "We thank him for his years of service and wish him well in his future endeavours."

About BSM Technologies
BSM Technologies, 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.

For more information, please visit http://www.bsmwireless.com

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.

Aly Rahemtulla
President & CEO
BSM Technologies Inc.
1-416‐675-1201
[email protected]

Craig MacPhail
TMX | Equicom
416-815-0700, ext. 290
[email protected]