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


To: xbrent who wrote (235)12/9/1998 4:24:00 PM
From: Harry_Behemoth  Read Replies (1) | Respond to of 1877
 
Wednesday December 9, 10:25 am Eastern Time
Company Press Release
SOURCE: The Tracker Corporation of America, Inc.
Tracker Announces Sony Computer Entertainment America, Inc. (SCEA) Agreement
TORONTO, Dec. 9 /PRNewswire/ -- The Tracker Corporation of America, Inc. (OTC Bulletin Board: TRKR - news) announced today that it has signed an agreement with Sony Computer Entertainment America, Inc., a wholly-owned subsidiary of Sony Corporation [NYSE:SNE - news].

The agreement states that SCEA will acquire from Tracker certain goods and services that utilize Tracker's proprietary tracking system technology to label, identify and track its assets. Tracker's services will include database and application software development, initialization and integration services and related materials and technology including, but not limited to, bar code labels and scanning equipment and system support and management services.

Bruce I. Lewis, CEO of Tracker, commented that ''This agreement illustrates one of the many applications of Tracker's personal property identification and recovery system. Tracker looks forward to providing SCEA with an efficient method for tracking inventory, accessing service information and using its recovery service.''

Based in Foster City, California, Sony Computer Entertainment America, Inc. distributes and markets the PlayStation game console in North America, develops and publishes software for the PlayStation game console, and manages its U.S. third party licensing program.

The Tracker Corporation of America, Inc. is a development stage company that develops, markets, sells and operates 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. 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, 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.

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