News Today.....not great but positive anyway
TRACKER Announces Label Order from Schwinn
PR Newswire - September 01, 1998 11:50
TORONTO, Sept. 1 /PRNewswire/ -- THE TRACKER CORPORATION OF
AMERICA (OTC Bulletin Board: TRKR) announced today that it has received another
order for its personal property identification labels from Schwinn Cycling & Fitness Inc.
under the Exclusive Distribution Agreement Tracker and Schwinn signed approximately
one year ago.
Schwinn will continue to distribute Tracker labels nationwide with Schwinn bicycle
locks. Each Schwinn bicycle lock comes with three years of free Tracker worldwide
identification and recovery service.
Schwinn is one of the premier brands in the United States. Schwinn accessories are sold
exclusively by independent bicycle retailers.
Tracker CEO, Bruce Lewis, remarked, "We are encouraged by the order from Schwinn
which follows Schwinn's initial receipt of labels last summer. Since then, we have
experienced a continuing increase in the number of Schwinn bicycles recovered, proving
that the Tracker system is a natural fit with Schwinn."
The Tracker Corporation of America is a development stage company that develops,
markets, sells and operates personal property identification and recovery systems. The
systems, which use advanced, two dimensional bar code and laser scanning technology,
provide subscribers with a highly secure and cost effective service to aid in the
worldwide identification and recovery of lost or stolen personal possessions. The
Company's personal property identification and recovery service has received the
endorsement of The International Association of Chiefs of Police.
Any statements made herein that are forward looking, including those about estimated
results, are preliminary, based on partial information and management assumptions, and
involve risks and uncertainties. Actual results, performance or developments could differ
materially from those expressed or implied by 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 and
other communications.
For additional information about The Tracker Corporation of America, contact I. Bruce
Lewis, President, 180 Dundas Street West, Suite 1505, Toronto, Ontario, Canada
M5G 1Z8; telephone: 416-593-2604, ext. 230; fax: 416-593-8456. Visit the
Company's Website at www.tracker.com.
SOURCE The Tracker Corporation of America
/CONTACT: I. Bruce Lewis, President of The Tracker Corporation of
America, 416-593-2604, ext. 230 or fax: 416-593-8456/
/Web site: tracker.com
(TRKR) |
