Sports and Competition Sports and Competition

BSM Technologies to expand its U.S. sales presence


Published on 2011-08-02 05:16:06 - Market Wire
  Print publication without navigation


WOODBRIDGE, ON, Aug. 2, 2011 /CNW/ - BSM Technologies Inc. ("BSM" or the "Company") (TSXV: GPS), a leading provider of remote monitoring, fleet management, fleet diagnostics and automated vehicle security systems, today announced its plan to significantly expand its U.S. sales efforts. The focal point of this expansion is the appointment of Richard D. Estenson as Vice-President of Sales - US.  In this capacity, Richard will be responsible for the leadership of the U.S. Sales Team and associated business development activities.

"BSM has had some key wins in the U.S. and is very focused on accelerating profitable sales growth in this market" said Aly Rahemtulla, President and CEO. "Richard has a tremendous sales background with a focus on telematics solutions and will be a great asset to our team."

Mr. Estenson has over 15 years of Fleet Management experience and most recently was a Regional Business Manager with WebTech Wireless, where he was responsible for the development and sales growth of the company's GPS Asset Tracking Solutions. His accounts included one of the largest municipal governments in the United States and a leading overnight freight provider, resulting in significant new sales. Previous to WebTech, Richard was Managing Partner of a privately owned Fleet Management Firm, and with Enterprise Fleet Management, a leading provider of Commercial Fleet Services based in Houston, Texas

Concurrent to Mr. Estenson coming on board, BSM has hired two sales representatives in the New York area who will work closely with him on several planned growth initiatives - with a particular focus on leveraging their combined experience in the telematics industry.

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.

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 ]