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Microcap & Penny Stocks : Tracker Corporation America (TRKR) -- Ignore unavailable to you. Want to Upgrade?

To: rodster397 who wrote (180)	8/24/1998 10:03:00 AM
From: t.gawarecki	Respond to of 1877

TRACKER Announces 2-Year Deal with Warrantech Additive, Inc. PR Newswire - August 24, 1998 09:51 TORONTO, Aug. 24 /PRNewswire/ -- THE TRACKER CORPORATION OF AMERICA (OTC Bulletin Board: TRKR - news) announced today that it has signed a two- year agreement with Warrantech Additive, Inc., a wholly owned subsidiary of Warrantech Automotive, Inc. The agreement states that Warrantech will purchase from Tracker encoded adhesive labels that utilize Tracker's proprietary tracking system technology to add functionality to an inventory control program that is being developed for automobile dealers. Tracker values the agreement at approximately $500,000. Bruce Lewis, the president and CEO of Tracker, commented that "this agreement illustrates the versatility of Tracker's personal property identification and recovery system. Tracker looks forward to providing Warrantech with an efficient method for both inventory tracking and accessing the service information required for its vehicle service contract business." Warrantech Automotive markets and administers vehicle service contracts for automobiles, recreational vehicles and automotive components in the United States, Guam and Saipan. It is a leading independent service contract provider in a market estimated at $6 billion. The Tracker Corporation of America is a development stage company that develops, markets, sells and operates personal property identification and recovery systems which use advanced bar code and laser scanning technology for inventory tracking and 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. 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. 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 fillings with the Securities and Exchange Commission, press releases and other communications. 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)

To: rodster397 who wrote (180)	8/24/1998 9:58:00 PM
From: t.gawarecki	Read Replies (1) \| Respond to of 1877

Okay Rodster, we got news today.......lets see if the thread can liven up a little. My thoughts on the PR today: 1) Issuance of PR a positive......Bruce said it would happen and it did. 2) Warrentech is a public company so information is verifiable. 3) Hopefully $ amount announced is a minimum and conservative. 4) The application of the bare code technology and software is new and demonstrates that there can be many and varied uses. 5) The length of time it took for the public release of the information tells me that TRKR is being very careful to do things in the right order and in a conservative manner. I welcome any contradiction and/or discussion of these points and others. PS Does anyone else think that TRKR's technology could be applied to the Federal Government's plan/wish to issue health ID cards and keep a central data base of individual medical information. We could have a label affixed to our foreheads and just be scanned when we need health care. The contract with the Federal Government could be substantial. Tom