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Boomerang Successfully Recovers First Stolen Vehicle Equipped With The Company''s Boomerang2 Device

Boomerang Tracking Inc.
Press Release
Serge Laporte
1/22/2002
Boomerang Tracking Inc. (TSE:BMG), today announced that it successfully recovered the first vehicle stolen equipped with Boomerang2, the Company’s newest ‘intelligent’ wireless tracking system. The recovery took place on January 18, 2002.

A 2002 Honda Civic, equipped with a Boomerang2, wirelessly notified the Company’s tracking team at 12:25 am on Friday, January 18 that the vehicle was mobile without the presence of its Key Fob, signifying that it was being stolen. Dispatched immediately, the Boomerang tracking team located the vehicle in Drummondville, Quebec less than an hour later.

Commenting on the recovery, Linda Farha, Boomerang’s Vice President of Marketing and Communications, said: “This track is a prime example of the 24-hour peace of mind and security that Boomerang2 offers with its automatic theft notification feature. Our customers can sleep soundly knowing that Boomerang Tracking provides around-the-clock monitoring and tracking to protect their vehicles. It’s also easy to see why this system represents the ideal solution for business travelers and individuals who leave their cars unattended in public lots for extended periods. Boomerang2 will automatically notify our tracking team if the vehicle becomes mobile without the presence of their unique intelligent Key Fob, provided to them upon purchase of the device. In many cases, we can find the vehicle before the client even knows it is stolen.”

The Boomerang2 marks the latest development in vehicle tracking technology from Boomerang Tracking. This device uses the wireless infrastructures of national cellular carriers to locate and recover stolen assets across North America. In Canada, Boomerang Tracking Systems have already led to the recovery of over 1,420 vehicles and other valuable assets, valued at approximately $70 million.

For more details on Boomerang Tracking Systems, contact the Company’s customer service department at 1.877.777.8722 or visit www.boomerangtracking.com.


About Boomerang Tracking Inc.

Boomerang Tracking Inc. assembles, markets and distributes the Boomerang Tracking Systems, proprietary products using technology patented by the Company. Its head office, research and development, production and corporate installation facilities are located in Montreal, Quebec. The Boomerang Tracking Systems are also installed through a network of authorized dealers located throughout the provinces of Quebec, Ontario and British Columbia. The Boomerang is the central device in a cellular-based asset tracking system utilizing the cellular systems of major regional telecommunications companies. The Boomerangs are 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. Boomerang is a registered trademark of Boomerang Tracking Inc. The shares of Boomerang Tracking Inc. are currently being traded on the Toronto Stock Exchange under the symbol BMG.

Boomerang Tracking Inc. markets and distributes the Boomerang® tracking devices, proprietary products using technology patented by the Company. The Boomerang, Boomerang2™ and GSM-based units are the central devices in a system that uses the wireless networks of major regional telecommunications companies for tracking stolen assets. The Boomerang Tracking System is capable of locating stolen automobiles, heavy equipment and valuable assets. As a result of its success, the Company has received the endorsement of members of the insurance industry. The Boomerang devices are available and installed through a network of authorized dealers in Quebec and Ontario. The Company's head office, research and development centre and manufacturing facilities are located in Montreal, Quebec, with regional facilities located in Mississauga, Ontario and Orange County, California. Boomerang is a registered trademark and Boomerang2 is a trademark of Boomerang Tracking Inc. The shares of Boomerang Tracking Inc. trade on The Toronto Stock Exchange under the symbol BMG.