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Changes to Boomerang Tracking''s Board of Directors
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Boomerang Tracking Inc.
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Press Release
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Peter Lashchuk
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9/25/2002
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Boomerang Tracking Inc. (TSX: BMG) is proud to announce the election of Mr. Claude Rousseau and Mr. Michel Brűlé to the Company’s Board of Directors. These members were elected during the Company’s 2002 Annual Shareholders’ meeting held this morning in Montreal.
A graduate in Administration from the University of Laval and a prominent businessman, Mr. Rousseau serves as Vice-President, Business Market and Sales, at Bell Mobility Inc., a division of Bell Canada offering a variety of wireless telecommunication solutions. In this position, he is responsible for the strategic planning and management related to major account acquisition including sales activities and corporate program development.
An electrical engineering graduate of Ottawa University (MSc) and founder of six profitable high-tech firms, Mr. Brűlé has led a fast-paced career combining technical expertise and business knowledge, with a focus in development and management of commercial projects in emerging high-tech sectors. In addition, his 30 years of engineering experience includes research and development in such areas as GPS (Global Positioning System) technologies.
“On behalf of the entire Board, I would like to welcome Claude and Michel and am confident that their presence will be very beneficial to Boomerang Tracking,” stated Peter Lashchuk, President and CEO.
In related matter, Mr. Lashchuk announced the resignation of two Directors from the Board, namely Mr. Érik Péladeau and Mr. André Tremblay.
“The Board wishes to thank Mr. Péladeau and Mr. Tremblay for their valued contributions during their terms as directors. In part, Boomerang Tracking’s continued growth and success is proof positive of the time and effort they invested. Their support is greatly appreciated,“ concluded Peter Lashchuk.
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| Boomerang
Tracking Inc. assembles, markets and distributes
the Boomerang Tracking System, a proprietary product
using technology patented by the Company. The
Boomerang Tracking System is the central device
in a cellular-based asset tracking system utilizing
the wireless systems of major regional telecommunications
companies. The Boomerang Tracking System is capable
of locating stolen automobiles, heavy equipment
and valuable objects. The Company's proven recovery
record has received endorsement by members of
the insurance industry. The Boomerang Tracking
System is installed through a network of authorized
dealers located throughout the provinces of Quebec,
Ontario and British Columbia. The Company's head
office, research and development, production and
corporate installation facilities are located
in Montreal, Quebec. Boomerang is a registered
trademark of Boomerang Tracking Inc. The shares
of Boomerang Tracking Inc. trade on The Toronto
Stock Exchange under the symbol BMG. |
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