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| Boomerang Tracking Inc. appoints new Vice President of Finance and Operations
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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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Mr. Peter Lashchuk, president of Boomerang Tracking Inc. (TSX:BMG) is pleased to announce the appointment of Sylvain Dunn to the position of Vice President, Finance and Operations.
Previous to this appointment, Mr. Dunn worked for Boomerang Tracking as Director, Finance and Operations and has been employed by the Company since January 2001. Prior to his tenure with the Company, Mr. Dunn was Director, Strategic Projects and Information Technology and Director, Finance and Information Technology for an international distributor of office supplies.
“It is with great confidence that I name Sylvain to his new position. I have every faith that his experience in operations reengineering, finance and strategic planning will serve him well in his new role”, commented Mr. Lashchuk.
In his new position, Mr. Dunn will be responsible for overseeing all financial activities of the Company, which involves a list of functions from Corporate Planning and Budgeting to Financial Reporting, Financial Controls and Financial Systems as well as overseeing the smooth running of daily operations. He will also contribute to the financial communications of the Company.
In Canada, Boomerang Tracking Systems have already led to the recovery of over 1,850 vehicles and other valuable assets, valued at approximately $96 million including incidental recoveries. Using the wireless infrastructures of national cellular carriers, Boomerang is able to locate and recover stolen assets across North America.
For more details on Boomerang Tracking Systems, contact the Company’s customer service department at 1.877.777.8722 or visit www.boomerangtracking.com.
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| 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. |
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