BSM Wireless secures national Marketing and Data Solutions Agreement with TELUS
10 February 2007
BSM Technologies Inc. (GPS: TSX-V) (http://www.bsmtechnologies.com) a leading provider of GPS-based AVL (Automatic Vehicle Security and Tracking) secure vehicle and trailer fleet tracking and management solutions is pleased to announce today that it has entered into a national Marketing and Data Solutions Agreement with TELUS. This will allow both BSM and TELUS to jointly market, sell, promote and support BSM's SentinelFM AVL and Secure Fleet Management Solution through respective sales channels and internet properties.
"As previously announced in April 2006, BSM is certified on the TELUS 1X network. This new Partnership Agreement now solidifies the strong relationship between both companies. Based on the overwhelming acceptance of the BSM Single and Dual-Mode AVL and Fleet Management products, the Agreement now extends the sales, marketing and revenue generating opportunities for both partners", said Michael Bookbinder, Director of Sales, at BSM wireless.
TELUS SALES CHANNELS OPEN NEW OPPORTUNITIES FOR BSM
"As part of the Data Service and Marketing Partnering Agreement, BSM is providing training and a robust SentinelFM demonstration site to all TELUS sales channels for training, customer demos and to generally gain experience with using the BSM SentinelFM AVL solution. Based on the training and knowledge transfer being provided by BSM, the TELUS sales channels are now ramping up to open new opportunities in all transportation and service sectors. This agreement now provides a method for the TELUS sales channels to increase activations and data pack revenues for TELUS and for increasing the installed base for BSM. This is a 'win-win' situation for both parties," continued Bookbinder.
The Data Service and Marketing Agreement provides for both party's sales organizations to utilize each others logos and other marketing materials to promote mutual product offerings, i.e. AVL Fleet Management solutions and wireless web-based network applications.
To enhance the strength of the partnership, both TELUS and BSM are already displaying each others trademarks and logos, as well as, internet links to the respective websites to extend the exposure and awareness of the relationship.
To maximize the exposure and business opportunities, TELUS has recently conducted an AVL and Fleet Management mail campaign to its entire Canadian sales staff. Further to that, BSM Wireless and TELUS are jointly increasing exposure in each other's marketing, publications, executive briefings, events, trade shows and seminar schedules to educate, train and generate sales revenues throughout Canada. The Partnership Agreement provides for the mutual introduction of sales opportunities and processes for BSM's AVL and Fleet Management solution and TELUS 1X CDMA Data Networking.
"We are excited about this marketing agreement with BSM Wireless as it provides a rich and robust solution to our sales channels for revenue generation and data utilization," said Jim Senko, VP Mobility Solutions at TELUS. "The BSM product offering adds new dimensions to our existing solutions portfolio. TELUS provides GPS solutions that are available in four 'graduated tiers' from handset based navigation, handset tracking, handset tracking with dispatch capabilities and vehicle tracking. These are comprehensive solutions tailored to meet the needs of many industries in which vehicle operations and efficiencies are becoming a major part of success criteria and bottom lines."
PARTNERSHIP HAS GENERATED SIGNIFICANT SALES TO DATE
"We are very pleased to state that since receiving certification on the Telus 1X CDMA Network, BSM has closed and implemented major AVL and Fleet Management opportunities and achieved significant revenues inclusive of hardware and ASP services from these deals. This is indicative of a sound working partnership between BSM Wireless AVL and Fleet Management and Telus Mobility as the network carrier. Both organizations are very pleased and honored to have added prestigious companies using BSM's dual mode fleet management from the following respective industries: Oil & Gas - Weatherford International, High Artic Energy Services LP and Sanjel. Long Haul and Cartage - Cooney Transportation, Koch Transport and Consolidated Fastfrate amongst others." added Bookbinder.
In order to provide ongoing support to TELUS customers implementing BSM SentinelFM solutions, users across Canada can rely on BSM's 1-866 number service and sales channel support hotline to provide the high level and responsive support, if and when called upon. TELUS Customer Care will continue to provide clients with technical support on the network on a 24/7 basis.
This press release is available on the company's official on-line investor relations site for investor commentary, feedback and questions. Investors are asked to visit http://www.agoracom.com/ir/bsm alternatively, investors are asked to e-mail all questions and correspondence to GPS@agoracom.com where they can also request addition to the BSM Technologies investor e-mail list to receive all future press releases and updates directly.
About TELUS
TELUS (TSX: T, T.A; NYSE: TU) is a leading national telecommunications company in Canada, with $8.5 billion of annual revenue and 10.5 million customer connections including 4.9 million wireless subscribers, 4.6 million wireline network access lines and 1.1 million Internet subscribers. TELUS provides a wide range of communications products and services including data, Internet protocol (IP), voice, entertainment and video. Committed to being Canada's premier corporate citizen, over the last five years TELUS has contributed more than $62 million to charitable and non-profit organizations, and has established seven TELUS Community Boards across Canada to lead its local philanthropic initiatives. For more information about TELUS, please visit telus.com.
About BSM Technologies (GPS:TSX-V) (http://www.bsmtechnologies.com)
BSM Technologies 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 subsidiary BSM 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 hundreds of Law Enforcement agencies to deter vehicular, trailer and heavy equipment theft.
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 solutions, 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.
The TSX Venture Exchange has not reviewed and does not accept
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. This News
Release may include certain "forward-looking statements" that involve
risks and uncertainties. Actual results may differ materially from
results indicated in any forward-looking statements. The company cautions
that, among other things, in view of the rapid changes in communications
markets and technologies, and other risks including the cost and market
acceptance of the company's new products, the level of individual
customer procurements and competitive product offerings and pricing, and
general economic circumstances, the company's business prospects may be
materially different from forward-looking statements made by the company
For further information: Company Contact: Mr. Michael Bookbinder, Director of Sales, BSM Wireless, (905) 265-1200, Michaelb@bsmwireless.com, www.bsmworeless.com; Retail Investor Inquiries: AGORACOM Investor Relations, http://www.agoracom.com/IR/BSM, GPS@agoracom.com; Institutional Investor Inquiries: Ms. Sheryl Joyce, Account Executive, Barnes McInerney Inc., sjoyce@barnesmcinerney.com, www.barnesmcinerney.com
Source: newswire
All trademarks and copyrighted information contained herein are the property of their respective owners.
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