BSM Technologies appoints David Yach to its Board of Directors

TORONTO, Nov. 21, 2012 /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 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 March 2012 after almost 30 years in the high tech sector.

"We are very pleased to welcome David to our board," said Frank Maw, Chairman of the Board of Directors. "His long experience in the technology and communications industries will add valuable perspective and insight to help us achieve our long-term growth strategy."

While at RIM, David Yach's teams created the software that allowed BlackBerry to rise from an interesting niche product to a leading Smartphone platform. Prior to RIM, he led software teams producing database technology at Sybase Inc.  Mr. Yach is also a Director of NexJ Systems Inc., a provider of next generation CRM solutions and on the Board of Governors at the University of Waterloo. He holds a Bachelor of Mathematics in Computer Science from the University of Waterloo and an MBA from Wilfrid Laurier University.

About BSM Technologies (bsmwireless.com)
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.

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.

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

SOURCE: BSM Technologies Inc.

Aly Rahemtulla
President & CEO
BSM Technologies Inc.
[phone]
[email protected]

Babak Pedram
TMX Equicom
[phone] ext. 264
[email protected]