To: 2MAR$ who wrote (11791 ) 7/15/1999 2:29:00 PM From: Koda Ridge Read Replies (1) | Respond to of 108040
TRKR--BIG news just out. Contract with state of Florida, with expected revenue of $20 Million. Eric (PR NEWSWIRE) Florida Police Chiefs and Tracker Announce Implementation of Florida Police Chiefs and Tracker Announce Implementation of Statewide Operation Bicycle Identification Partnership TORONTO, July 15 /PRNewswire/ -- The Tracker Corporation of America (OTC Bulletin Board: TRKR) announced today that it has entered into a statewide partnership with Florida Police Chiefs Education and Research Foundation. Under the partnership, Tracker will install Tracker(TM) Systems in up to 1,000 Florida police departments and schools and train personnel in Operation Bicycle Identification. Tracker will open an office in Tampa, Florida to train personnel and coordinate the implementation of the program. Florida Police Chiefs Foundation will designate a member to sit on Tracker's Board of Directors. The Tracker(TM) System is an advanced, personal property identification and recovery system based on proprietary technology developed by Tracker and bar-code data capture and laser scanning technology developed by Tracker's global alliance partner, Symbol Technologies. Symbol is a world leader in mobile data management systems with innovative customer solutions based on wireless local area networking for voice and data, application-specific mobile computing and bar-code data capture. Bruce Lewis, CEO of Tracker, stated, "Our partnership with the Florida Police Chiefs Foundation will enable Tracker to reach more than two million bicycles in the state and offer law enforcement officials a solution to a very burdensome problem. We expect Operation Bicycle Identification will generate revenues in excess of $20 million." Hal Robbins, Florida Police Chiefs Association Executive Director, said, "Operation Bicycle Identification has the capability of significantly reducing the volume of lost and stolen bicycles our police departments currently warehouse and auction. By reducing this burden, Tracker will allow us to more effectively utilize personnel, and promises to offer our citizens the best way of identifying and retrieving their property using the power of the latest technology. This program will enhance police operations and improve the quality of life in the community." 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. The statements made herein, including those about estimated results are preliminary and are based on partial information and management assumptions. Accordingly, these statements are forward-looking statements that involve risks and uncertainties. Forward-looking statements are made by Tracker 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 and other communications. SOURCE The Tracker Corporation of America -0- 07/15/99 /CONTACT: Bruce Lewis, Chief Executive Officer of The Tracker Corporation of America, 416-593-2604, ext. 23, or fax, 416-593-8456, or bruce@tracker.com/ /Web site: tracker.com (TRKR) CO: Tracker Corporation of America ST: Ontario IN: CPR SU: PDT *** end of story ***