R.A.N.K.I.N. Technologies Inc. Appoints Pierre Laurin as Member to the Board of Directors of the Company.

Company Press Release

Wednesday January 26, 5:52 pm Eastern Time

Rankin Technologies

1/26/00

MONTREAL, QUEBEC--R.A.N.K.I.N. Technologies Inc. is pleased to announce the appointment of Mr. Pierre Laurin as Member to the Board of Directors of the Company. Mr. Laurin is executive-in-residence at the Ecole des Hautes Etudes Commerciales (HEC) since January 1999. He has pursued a successful career in the business and academic worlds, and was previously Vice-Chairman of Merrill Lynch Canada and Dean of HEC. Mr. Laurin is presently member of the Board of Quebecor, Microcell, Desjardins Financial, Aeterna Laboratories, ProCrea and charitable organizations. He is also an Officer of the Order of Canada.

Mr. Laurin's keen insight of the communications and financial industries will help to lead Rankin Technologies' rapid growth across Canada and globally.

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''.

The Canadian Venture Exchange (CDNX) neither approves nor disapproves of the information contained herein.

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".