Attention Business/Financial Editors:
RANKIN RESEARCH CORPORATION - BOOMERANG STOLEN VEHICLE TRACKING SYSTEM IS GETTING NOTICED
MONTREAL, April 29 /CNW/ - RANKIN RESEARCH CORPORATION is pleased to announce that one of Canada's largest telecommunication companies has just ordered several hundred Boomerang systems for use on their self-insured vehicle fleet. This transaction will result in over $ 100,000.00 of revenue over the next quarter. The corporate client has also committed to a 3 year monitoring commitment and intends to continue purchasing more units in the near future. Furthermore, RANKIN has entered in a new strategic alliance with ''Motoplan-JEVCO'', the largest motorcycle insurance company in Quebec. This is an attempt to curb the astronomical financial losses due to theft. RANKIN RESEARCH CORPORATION has developed the Canada's first underwriter approved stolen motorcycle tracking and recovery system. The unit is small, waterproof and consumes very little energy from the smaller capacity motorcycle batteries. Starting immediately, every ''Motoplan-JEVCO'' motorcycle insurance policy holder will enjoy the protection of the Boomerang stolen motorcycle recovery system at an incredibly affordable price. ''Motoplan-Jevco'' will pay for the $ 4.95 monthly monitoring service and offer rebates on the policy of up to 35% of the entire premium. Furthermore, for higher end motorcycle owners who install the Boomerang system, theft claims will not be limited to the current $19,000.00 CAD ceiling. This is a pilot program for the first year. Based on new knowledge acquired this season, the program will be adjusted accordingly. To date, using the Bell Mobility Cellular network, Boomerang has found 100% of its client's vehicles, assets, cargo, heavy equipment, and even Laptops. A total of 6M$ worth in under 1 year.
-30- For further information: Paul-Andr‚ Savoie or Andr‚ Boulay, Rankin Research Corporation, Montreal, Quebec (877) 777-8722
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