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

To: rodster397 who wrote (233)	12/3/1998 12:59:00 PM
From: t.gawarecki	Read Replies (1) \| Respond to of 1877

TRKR NEWS!!!!! Sounds upbeat........still waiting for proof of actions. Anyone spoke to Mr. Lewis lately? Tracker Announces Six Month Profit of US$108,215 PR Newswire - December 03, 1998 10:26 TORONTO, Dec. 3 /PRNewswire/ -- The Tracker Corporation of America, Inc. (OTC Bulletin Board: TRKR) announced today profits for the six months ending September 30, 1998 of US$108,215 as compared to a loss of US$(438,680) during the comparable period a year earlier. Results of operations included a gain from discontinued operations of US$379,778 and a loss from continuing operations of US$(271,563). Bruce Lewis, Tracker's President and CEO, commented, "Our results of operations for the first six months of our fiscal year, while favorable, do not reflect the revenues we expect to generate through our new contracts with Warrantech and Schwinn, or from other revenue sources we expect to generate from our core business. With the completion of our FTC settlement and the discontinuance of our credit card registration operation, we are committing our full resources to achieving revenue growth and profitability." The Tracker Corporation of America, Inc. is a development stage company that develops, markets, sells and operates global property tracking systems and recovery services 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 fillings with the Securities and Exchange Commission, press releases and other communications. For additional information about The Tracker Corporation of America, Inc. contact I. Bruce Lewis, President and CEO, 180 Dundas Street West, Suite 1505, Toronto, Ontario, Canada M5G 1Z8; telephone: 416-593-2604, ext. 230; fax: 416-593-8456. SOURCE The Tracker Corporation of America, Inc. /CONTACT: I. Bruce Lewis, President and CEO of The Tracker Corporation of America, Inc., 416-593-2604, ext. 230, or fax, 416-593-8456/ /Web site: tracker.com (TRKR)