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| Boomerang Tracking client has vehicle recovered in
Montreal while vacationing in British Columbia
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Boomerang2 device automatically notified Boomerang Tracking of theft from P.E.T. Airport
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Boomerang Tracking Inc.
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Press Release
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Serge Laporte
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4/7/2004
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During the afternoon of April 1, 2004, Boomerang Tracking Inc. received an automatic theft notification signal from a brown 2004 Ford F-350 equipped with the Company’s Boomerang2 tracking device. Within minutes of receiving the signal and confirming the theft with the client – who was on a skiing vacation over 4,000 kilometers away on the slopes of Whistler, British Columbia - a tracking team was immediately dispatched to locate the vehicle, valued at approximately $45,000.
The Boomerang tracking team located the missing pick-up less than an hour later on the south shore of Montreal, parked outside a local coffee shop and local authorities were immediately notified. As the thief left the coffee shop with a doughnut and coffee in hand, police took the driver into custody.
About 4 in 10 auto thefts in Canada occur in parking lots, the most common location. It is estimated that a car is five times more likely to be stolen from an unattended lot than from the street or an attended lot. “The Boomerang2 device was designed especially for travelers who leave their cars unattended in public lots for extended periods,” explains Peter Lashchuk, the Company’s president and CEO. “Travellers can rest easy knowing that their Boomerang2 device is ready to report any theft automatically”.
With tracking capabilities 24/7 across North America by an in-house tracking team, the Boomerang tracking device provides customers, both personal and corporate, with the most effective vehicle recovery solution on the market. Using proprietary wireless-based technology, the Boomerang Tracking System is the only solution designed exclusively for the recovery of stolen vehicles and is able to successfully locate stolen equipment located indoors, underground garages, and in shipping containers, typically within one hour.
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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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