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Boomerang Tracking named as one of Quebec’s ‘Champions of Growth’
Company ranks among fastest growing companies in Quebec for 2004
Boomerang racking Inc.
Press Release
Serge Laporte
6/3/2004
Champions of Growth, a program run by l’Actualité magazine to recognize outstanding revenue growth in Quebec companies, has selected Boomerang Tracking as one of the province’s top 20 fastest growing companies for 2004.

With over 3,400% revenue growth over the past 5 years, Boomerang Tracking ranked as the second fastest growing company in Quebec from 1998- 2003. The past five years have seen Boomerang Tracking’s subscriber base increase from 5,000 to over 150,000 and its workforce more than double.

Deloitte and Touche’s Canadian Fast 50 and North American Fast 500 programs have also listed the Company among Canada’s fastest growing companies in 2002 and 2003.

“This award underlines our dedication to always remaining one step ahead in all we do – a commitment to revenue growth, geographic expansion and providing our customers a level of service that is second to none”, commented Peter Lashchuk, Boomerang Tracking’s President and CEO.
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.