Boomerang Tracking Ranks Number 126 In Technology Fast 500
Ranked among North America’s fastest growing technology companies as Company enters U.S.
Boomerang Tracking Inc.
Press Release
Serge Laporte
10/16/2003
Boomerang Tracking Inc. (TSX: BMG) is proud to announce that it has ranked number 126 on the 2003 Deloitte & Touche Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America, based on percentage revenue growth over the last five years (1998-2002).

In addition to ranking on the Deloitte Technology Fast 500, Boomerang Tracking ranked tenth on the Canadian Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in Canada.

“We are honored to once again be counted amongst North America’s elite in the technology industry,” commented Peter Lashchuk, the Company’s President and CEO. “Given our profitable growth year after year, we are poised to face new challenges and on the right track to ensure that we will always be one step ahead,” concluded Mr. Lashchuk.

“Making the Deloitte Technology Fast 500 is a testament to a company’s commitment to technology,” said Mark A. Evans, national managing partner of Deloitte’s Technology, Media & Telecommunications Group. “With its 2,900% growth rate over five years, Boomerang Tracking has proven that its leadership has the vision and determination to grow in difficult conditions.”


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Deloitte Technology, Media & Telecommunications (TMT) Group

The TMT Group is composed of service professionals who have a wealth of experience serving technology, media and telecommunications companies throughout the world in areas including cable, communications providers, computers and peripherals, entertainment, media and publishing, networking, semiconductors, software, wireless, and related industries. These specialists understand the challenges that these companies face throughout all stages of their business growth cycle and are committed to helping them succeed. Deloitte is a leader in providing strategic, financial and operational assistance to its technology, media and telecommunications clients.
Boomerang Tracking Corporation markets and distributes the Boomerang® tracking device, a central device 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. The Boomerang devices are available and installed through a network of authorized dealers in the state of California. Boomerang is a registered trademark of Boomerang Tracking Inc., Boomerang Tracking Corporation's parent company. The shares of Boomerang Tracking Inc. trade on The Toronto Stock Exchange under the symbol BMG.