R.A.N.K.I.N. Technologies Inc. Announces Agreement with Aon Reid Stenhouse

R.A.N.K.I.N. Technologies Inc.

Press Release

Linda Farha

1/28/00

MONTREAL, QUEBEC--Rankin Technologies Inc. is pleased to announce an agreement with Aon Reid Stenhouse in which Aon Reid Stenhouse recommends the Boomerang as an effective way to substantially reduce insurance premiums.

"After doing extensive research on vehicle tracking devices and the technology surrounding it, we have concluded that there exists no other tracking system with the proven recovery rate or affordability at this time" said Gilles Duclos, Senior Vice President of Development for Aon Reid Stenhouse, in speaking about the Boomerang.

Aon Reid Stenhouse is a Leading Global Provider of Brokerage, Consulting and Consumer Insurance Services with long standing relationships with trusted insurance providers.

Company Background

Rankin Technologies Inc. markets and distributes the Boomerang, a proprietary product utilizing technology patented by the Company. The Boomerang is the central device in a cellular-based asset tracking system capable of locating stolen automobiles, heavy equipment and valuable objects. Utilizing the cellular systems of major regional telecommunications companies, the Boomerang is capable of functioning indoors, underground, inside metal freight containers and in many other previously inaccessible locations.

Boomerang is a registered trademark of Rankin Technologies Inc. It''s headquarters and production facilities are located in Montreal, Quebec. Rankin products are sold and distributed in the provinces of Quebec, Ontario, British Columbia and in the Dominican Republic. Rankin Technologies Inc. shares are traded on the Canadian Venture Exchange (CDNX) under the trading symbol "BMG.A".

Boomerang® is a registered trademark of Boomerang Tracking Inc. It's headquarters are located in Montreal, Quebec. Boomerang products are sold and distributed in the provinces of Quebec, Ontario, British Columbia and in the Dominican Republic. Boomerang Tracking Inc. shares are traded on the Toronto Stock Exchange (TSE) under the trading symbol "BMG".