AWW-RIGHT!! . . .
"Subject:
Stockwatch US: TRKR
Date:
Thu, 23 Mar 2000 09:32:27 -0800
From:
newsout@stockwatch.com
To:
smurray@videon.wave.ca
(Applies to: TRKR)
The Tracker Corporation of America and Florida Police Chiefs Education
And Research Foundation Sign Formal License Agreement
TORONTO, Mar 23, 2000 /PRNewswire via COMTEX/ -- The Tracker Corporation of
America (OTC Bulletin Board: TRKR) and the Florida Police Chiefs Education
and
Research Foundation, Inc. ("the Foundation") jointly announced today that
they
have signed a formal License Agreement to collaborate on a statewide
Operation
Bicycle Identification Program.
The five-year License Agreement which was signed on March 22, 2000 and is
effective immediately, grants to Tracker Corporation the use of the
Foundation's
name, co-marketing efforts, trademarks, and certain other property in
connection
with the sale and marketing of Tracker's property identification and
recovery
products and services.
The Foundation will cooperate with Tracker through its Florida-based office
and
S. E. Regional Manager, Terry Hensley, in the sale and distribution of
products
and services that adds demonstrated value to communities in Florida. Mr.
Hensley's background includes positions as former City Administrator in
Jackson,
Mississippi, Chief of Police in Garland, Texas and St. Petersburg Beach,
Florida, as well as other executive management level positions.
The Foundation will use its best efforts to secure the cooperation of
various
police agencies throughout the State of Florida as a conduit for selling
Tracker's products and services through community based organizations. The
Foundation will facilitate the convening of a steering committee and
Tracker
designated personnel to develop a "tool-kit" that can be given to a
participating agency for implementation. Under the terms, the contract may
be
extended for an additional five years by mutual agreement. Royalty terms
were
not disclosed.
The Tracker Corporation of America is a development stage company that
develops,
markets, sells and operates asset management, inventory control and
personal
property identification and recovery systems using advanced bar code and
laser
scanning technology.
For more information visit the Company's web site at www.tracker.com
Forward-looking statements made herein are pursuant to the safe-harbor
provisions of the Private Securities Litigation Reform Act of 1995.
Investors
are cautioned that actual results, performance or developments could differ
materially from those expressed or implied by these forward-looking
statements
as a result of known or unknown risks, uncertainties and other factors
described
from time to time in the company's filings with the Securities and Exchange
Commission, press releases or other communications.
SOURCE The Tracker Corporation
(C) 2000 PR Newswire. All rights reserved.
prnewswire.com
-0-
CONTACT: Bruce I. Lewis, CEO of The Tracker Corporation,
416-663-8222;
or Fran Daniels of Financial Sciences of America,
310-278-4413
KEYWORD: Ontario
Florida
INDUSTRY KEYWORD: CPR
REA
URL: tracker.com" |
