Permissions have been reworked : Track Site doesn't ask anymore for READ_CONTACTS and SEND_SMS permissions.
Nevertheless it's still possible to send a bookmark by email or by text (SMS), as Track Site passes control to the stock communication apps (Gmail, Email, Messaging, ...) to do the job. Those stock communication apps already have been granted the required permissions (to read contacts and to send SMS /texting) by the user when they have been installed.
Permissions that Track Site previously asked of
Permissions that Track Site now asked for
Here is a screenshot of how permissions appears on the Android Market now