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R.A.N.K.I.N. Technologies Inc. - Notice
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R.A.N.K.I.N. Technologies Inc.
Press Release
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7/21/2000
MONTREAL, QUEBEC--Rankin Technologies Inc. today announced that it will seek disinterested shareholder approval at its Annual Meeting to be held October 19, 2000 for prior grants of options to its employees, directors and service providers to purchase 685,000 Class "A" shares of the Company. These options were granted between June 1, 1999 and March 8, 2000 at exercise prices ranging from $0.78 to $5.00. 530,000 of these options expire August 2, 2001 and the balance expire March 8, 2005. If such shareholder approval is not obtained, the options will be cancelled and considered as not having been granted.

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. Its headquarters and production facilities are located in Montreal, Quebec. Rankin products are sold and distributed in the Provinces of Quebec, Ontario and British Columbia.

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FOR FURTHER INFORMATION PLEASE CONTACT:
R.A.N.K.I.N. Technologies Inc.
Ms. Linda Farha
Director, Marketing and Communications
(514) 234-8722
1-877-777-8722 extension 311 (toll free)
[email protected]
The Canadian Venture Exchange neither approves nor disapproves of the information contained herein.
BoomerangŪ 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".