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| Boomerang Tracking Inc. ranked as finalist in the 2004 Canadian Technology Fast 50
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Boomerang Tracking Inc.
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Press Release
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Serge Laporte
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8/3/2004
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Boomerang Tracking Inc. (TSX: BMG) is proud to announce it has once again ranked as a finalist in Deloitte & Touche’s Canadian Technology Fast 50 awards program.
The Deloitte Technology Fast 50 is a prestigious annual award honoring the 50 fastest growing Canadian technology companies, based on percentage revenue growth over a five-year period (1999-2003). This is the only award specifically for technology companies in Canada.
Boomerang Tracking is one of only six companies that have been ranked as a Deloitte Canadian Technology Fast 50 finalist for three consecutive years, and the only Quebec-based company to achieve this milestone.
On September 29th, Deloitte & Touche will announce Boomerang Tracking’s numerical ranking amongst the Fast 50 winners publicly.
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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. Boomerang Tracking is a wholly owned subsidiary of LoJack Corporation (NASDAQ:LOJN). |
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