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| Boomerang Tracking brings home more than
$100 million in recovered assets
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Canada’s leading vehicle recovery firm locates over 2,000 stolen assets to date
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Boomerang Tracking Inc.
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Press Release
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Serge Laporte
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11/27/2002
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Boomerang Tracking Inc. (TSX: BMG) is extremely proud to announce that it has reached another milestone. To date, the Company has recovered a total of 2,000 assets including passenger vehicles, heavy equipment, cargo and marinecraft valued at more than $100 million. "This latest milestone highlights the leadership position that Boomerang Tracking occupies in the asset recovery market. The combination of our patented wireless tracking technology, dedicated in-house tracking team and commitment to quality installations make Boomerang Tracking the obvious choice in vehicle recovery”, stated Peter Lashchuk, President and CEO of the Company.
To date, well over 120,000 Boomerang and Boomerang2 tracking devices have been installed across Quebec, Ontario and British Columbia. For more details on the Boomerang tracking devices, 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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