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PeopleNet Press Release


PeopleNet Partners With Permitax for Expert Tax Reporting
MINNEAPOLIS, MINN. - (July 31, 2006) - PeopleNet today announced it has partnered with Permitax Corporation to provide fleet customers with the most reliable, customizable and cost-effective tax reporting available.

Permitax is a unit of TFS Group based in Waterloo, Ont., serving the accounting and consulting needs of the transportation industry. PeopleNet is North America's fastest-growing provider of intelligent onboard solutions and mobile communications.

"We're excited to work with Permitax to offer fleet customers excellent tax reporting services based on the precise data from PeopleNet's g3 mobile communications and location system. PeopleNet and Permitax are a natural, winning fit for fleet operators," said Jamie Williams, President, PeopleNet - Canada.

Permitax provides a range of services, including quarterly IFTA (International Fuel Tax Agreement) tax return preparation and filing; quarterly and monthly Highway Use Tax filings for New York, Oregon, New Mexico and Kentucky; monthly and quarterly management reports by unit, division or fleet, and special request reports. Permitax can also track distances including latitude/longitude locations, fuel use and toll costs.

PeopleNet provides the advanced g3 platform for mobile communications and onboard computing, a convergence of technologies being adopted by the best-managed, most profitable commercial and private fleets in North America. PeopleNet's g3 delivers the accurate, timely data that powers Permitax and other fleet management partner systems.

PeopleNet's g3 wireless technology provides always-available fleet locating and communications, plus a wealth of functions such as over-the-air software updates, vehicle and driver performance monitoring, geo-fencing and exception reporting. PeopleNet options range from automated driver logs and fuel tax reporting to handheld computer connectivity and proof-of-delivery signature capture.

"We are very pleased to be partnered with PeopleNet," said Steve Mulligan, vice president of business development for Permitax. "We both are customer-oriented companies. Together we offer a synergy that puts fleets on the road toward customer satisfaction and profit."

One such customer, Coastal Pacific Xpress Inc. (CPx), is a 300-power unit truckload carrier - one of Canada's largest -- serving the U.S. and Canada from Vancouver, British Columbia. CPx relies on PeopleNet and Permitax to provide the reliable, full-featured service its blue-chip customers fully expect.

"We have been PeopleNet customers for a number of years and we recently moved to Permitax. Permitax audits everything for us, something our prior system did not do, and I like its feel," said Clint Hall, IT manager for CPX "PeopleNet and Permitax deliver a one-two IT punch," Hall added.

About CPx

CPx has been in business since 1985 and is one of the fastest growing truckload carriers in British Columbia. The company, owned by partners Jim Mickey and Glen Parsons, serves Canada and the U.S. with high-cube, 53-foot refrigerated, heated and dry van trailers, none older than three years. CPx also provides LTL distribution, full service logistics, dedicated fleet operations and yard management as well as warehousing. CPx can be found on the web at www.cpx.ca.

About TFS Group

TFS Group, of which Permitax is a business unit, was launched in 1974 to serve the accounting and consulting needs of the transportation industry. In that time, the privately owned company has provided services for over 6,500 trucking customers. TFS Group's customer base consists of sole proprietors, owner operators and a portfolio of major North American carriers. TFS is dedicated to providing the best, most comprehensive single source for transportation accounting services. Their web site is at www.tfsgroup.com.

About PeopleNet

PeopleNet, based in suburban Minneapolis, is North America's most innovative and reliable provider of Internet-based and integrated onboard computing and mobile communications systems. Its transportation products are used by top truckload, LTL, private, and service fleets in the U.S. and Canada. PeopleNet was the first major technology provider to offer Internet-based communications to the transportation industry 12 years ago and now serves more than 1,000 customers, including several Fortune 500 companies. PeopleNet is on the web at www.peoplenetonline.com.

BSM Press Release


BSM enhances its commitment to the trucking industry and announces a Partnership Agreement with Permitax Corporation

Woodbridge, Ontario, CANADA, June 28, 2006 - BSM Technologies Inc. a leading provider of secure vehicle and trailer fleet management, high security vehicle tracking and surveillance solutions today announced that it has signed a Partnership Agreement with Fuel Tax Reporting provider Permitax Corporation of Waterloo, Ontario.

The terms of the agreement grants BSM full rights to offer Permitax's GPS fuel tax services to the transportation industry throughout North America. This agreement enhances BSM's solution to the transportation industry customers to have Permitax prepare their IFTA and mileage/highway use tax returns for Canada and the U.S.

"We are very excited about this business partnership for our customer base and other new opportunities. A large percentage of our customers have been asking for a fuel tax rebate and accounting capabilities as part of our robust AVL solution. This agreement is an extension of our growing solutions for the transportation industry and adds to meeting the needs of all size fleets regardless of vertical sector and location." Says Michael Bookbinder, Director Sales - Telus at BSM Wireless.

Bookbinder, continued "Adding Permitax Fuel Tax Reporting to our portfolio of transportation solutions now offer the applications and tools integrated with our advanced GPS-based AVL and secure fleet management solution to improve customer ROI."

"We are thrilled about our new partnership with BSM Wireless for our full service fuel and mileage tax reporting solutions," says Steve Mulligan, VP of Business Development for Permitax. "We look forward to the opportunity to work more closely with BSM and to further develop this great relationship. Permitax only partners with premiere technology providers to offer our clients a full service fuel and mileage tax reporting solution that seamlessly integrates with their technology investment."

About Permitax

Waterloo, Ontario based Permitax Corporation was founded in 1984 as a division of the TFS Group of Companies (founded 1974). Permitax's mission is to provide its client's with the best and most cost effective outsourced fuel and mileage tax reporting services in the industry. Permitax's ability to provide its clients with a hybrid of both full service automated paperless and paper fuel tax reporting has proven to save their clients both time and money. Unparalleled commitment to service, audit experience, accuracy and detail has helped Permitax clients to reduce their audit risk and has provided them with long term peace of mind.

About BSM Technologies Inc. - www.bsmtechnologies.com

BSM Technologies and its subsidiaries, HGI Wireless and BSM Wireless, design, manufacture and market a comprehensive line of high security vehicle tracking and surveillance solutions for Law Enforcement Bait and Covert, High Security and Executive Protection, Fleet Management and Consumer Safety. BSM products are designed with the enhanced reliability, functionality and security today's GPS technology allows. Also by incorporating advanced mapping and wireless technologies, the BSM line of products provide sophisticated real-time monitoring and control of vehicle assets. The BSM line of products range from our Fleet and Trailer management edition, to our full featured "Stinger" featured in news media worldwide as the key technology behind the "Bait and Covert" application used by Law Enforcement to deter auto, trailer and heavy equipment theft. That same quality and attention to detail is dedicated to the manufacture of all our products. Recognized as an industry leader in Covert Telematics, BSM provides solutions for any asset-tracking requirement. Our product line can be adapted to your requirements and our support infrastructure assures our clients the premium GPS solution in the industry.
© TFS Group. All rights reserved.
© TFS Group. All rights reserved.