Track in Toronto leads to almost $300,000 in recovered assets: Boomerang

Lexus leads Boomerang’s in-house tracking team to four other stolen vehicles

Toronto, Ontario, February 17, 2003 – A Thornhill area resident was unpleasantly surprised to find her 2000 Lexus LX 470 had disappeared from her driveway yesterday morning. Luckily, the luxury vehicle valued at over $80,000 was equipped with a Boomerang� tracking device, Canada’s premier stolen vehicle recovery solution.

The owner immediately contacted Boomerang Tracking to report the theft and within less than an hour, Boomerang Tracking’s in-house tracking team had tracked the stolen Lexus to the parking lot of a Mississauga hotel. The recovery revealed not only the stolen Lexus, but also four additional stolen vehicles, including a BMW 328, Toyota Sequoia, Acura MDX and Dodge RAM. The five vehicles are estimated to be worth almost $300,000. In addition to this impressive vehicle recovery, the operation also led the Peel Police Auto Theft Unit to the arrest of
three individuals on the scene.

This recent operation reinforces the need for an effective solution for Ontario vehicle owners. As motor vehicle theft continues to increase in Toronto, by over 4% last year alone, the Boomerang Tracking System continues to remain at the forefront of the vehicle recovery industry,” commented Serge Laporte, Vice President of Sales and International Business Development, Boomerang Tracking Inc. “This rapid recovery is a prime example of the Boomerang Tracking’s unwavering commitment to
providing vehicle owners, and the community at large, with a simple effective solution,” concluded Mr. Laporte.

For more details on the Boomerang tracking devices, contact the Company’s customer service department at 1.877.777.8722 or visit

About Boomerang Tracking Inc.

Boomerang Tracking Inc. assembles, markets and distributes the Boomerang� Tracking System, a proprietary product using technology patented by the Company. The Boomerang and Boomerang2TM devices are the central devices in a cellular-based asset tracking system utilizing the wireless systems of major regional telecommunications companies. The Boomerang Tracking System is capable of locating stolen automobiles, heavy equipment and valuable objects. Members of the insurance industry endorse the Company’s proven recovery record. The Boomerang Tracking System is installed through a network of authorized dealers located
throughout the provinces of Quebec, Ontario and British Columbia. The Company’s head office, research and development, production and corporate installation facilities are located in Montreal, Quebec. 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.