TORONTO, April 3, 2018 /CNW/ - BSM Technologies Inc. ("BSM" or the "Company") (TSX: GPS), a leading provider of real-time GPS fleet and asset management solutions, announces its voting results from its annual general and special meeting of shareholders (the "Meeting") held in Toronto on March 22, 2018.

A total of 46,940,805 common shares, representing approximately 57.04% of the Company's outstanding common shares as of the record date of February 2, 2018, were voted in person or by proxy at the Meeting.

BSM shareholders voted in favour of all items of business, including the election of the following director nominees:

In addition to the election of the director nominees, BSM's shareholders also approved:

• The resolution approving the re-appointment of PricewaterhouseCoopers LLP as the auditor of the Company to hold office until the next annual meeting of shareholders of the Company, and the authorization of the directors of the Company to fix the auditor's remuneration, with 46,076,377 (99.87%) total votes cast "FOR" and 59,327 (0.13%) total votes "WITHHELD"; and
• The resolution approving all unallocated options under the Company's Second Amended and Restated Stock Option Plan, with 39,747,385 (85.76%) total votes cast "FOR" and 6,602,063 (14.24%) total votes "WITHHELD".

The Company has filed a report of voting results on all resolutions voted on at the Meeting under the Company's profile on SEDAR at www.sedar.com.

About BSM Technologies:

BSM Technologies Inc., through its subsidiaries, is a global top 20 commercial fleet telematics provider for automatic vehicle location (AVL) solutions that improve efficiency, accountability and reduce costs for fleet operators. BSM's end-to-end solutions automate record keeping and regulatory compliance, reduce fuel burn and idling, mitigate risk, and keep drivers safe. BSM provides solutions for commercial and government units who manage and operate diverse assets and large fleets that utilize its integrated fleet tracking, fleet maintenance, and intelligent business engine which provides real time, web‐based tracking of mobile and fixed assets.

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

SOURCE BSM Technologies Inc.

View original content: http://www.newswire.ca/en/releases/archive/April2018/03/c4892.html