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Boomerang Tracking marks historic week with record recoveries

Boomerang Tracking Inc.
Press Release
Serge Laporte
4/9/2003
Boomerang Tracking Inc. (TSX: BMG) marks off the final week of March with an impressive number of recoveries, valued at over $ 1.7 million, including incidentals.

Highlights of the week include the recovery of a stolen Chevrolet Silverado from an arena in Thetford Mines, Quebec that led Sûreté du Québec police on a chase down Highway 10. The chase concluded with police stopping the stolen vehicle with a roadblock and led to the arrest of one individual. This operation also led to the recovery of a stolen Hummer, which was not equipped with a Boomerang tracking device.

The in-house tracking team also tracked a stolen Honda Civic SiR from Sorel, Quebec, to a warehouse full of “chopped” automobile parts ready for resale on the black market. In collaboration with the Police de Chambly and Sûreté du Québec, the operation resulted in the recovery of enough vehicle parts and equipment to account for 44 other stolen vehicles.

In total, the week led to 65 recoveries valued at over $1.7 million dollars, with over $1 million of which was the result of incidental recoveries: vehicles not equipped with a Boomerang or Boomerang2 device.

“This past week highlights our continuous contribution to law and order”, commented Serge Laporte, Vice President of Sales and Business Development at Boomerang Tracking. “Not only do our tracking devices help in resolving auto theft cases quickly and effectively with law enforcement authorities, but in many cases lead to entire auto theft operations.”

The Boomerang Tracking System utilizes leading-edge wireless technology to locate automobiles and heavy equipment anytime, anywhere in North America. To date, the system has led to the recovery of over 2,200 vehicles and heavy equipment valued at over $115 million including incidentals.

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.

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.