BSM Reserves Exercise Price for Private Placement

April 15, 2005

 Mississauga, Ontario, CANADA - BSM Technologies Inc, (GPS: TSX-V) (http://www.bsmwireless.com) a leading provider of high security vehicle tracking and surveillance solutions today announced that it has applied for a price reservation through the TSX Venture Exchange for a private placement to raise up to $300,000.

BSM Reserves Exercise Price for Private Placement

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