Boomerang Tracking - Webcast Of Annual Meeting Of Shareholders.

Business Editors

MONTREAL--(BUSINESS WIRE)--Oct. 5, 2001

You are invited to listen to the archived webcast of Boomerang Tracking Inc.'s Annual Meeting of Shareholders held on September 26, 2001 at 10:30 a.m., Eastern time.

The company speakers were:

-- Mr. Peter Lashchuk, President, Chief Executive Officer and Chairman of the
Board, who presided over the Meeting.

-- Mr. Jacques Deforges, Vice-President, Chief Financial Officer and Corporate
Secretary, who outlined the highlights of the Company's financial statements.

To access the webcast, you can enter www.boomerangtracking.com and from the home page, click on the button advertising the webcast.

About Boomerang Tracking Inc.

Boomerang Tracking Inc. assembles markets and distributes the Boomerang, a proprietary product using technology patented by the Company. Its head office, research and development, production and corporate installation facilities are located in Montreal, Quebec. The Boomerang is also installed through a network of authorized dealers located throughout the provinces of Quebec, Ontario and British Columbia. The Boomerang is the central device in a cellular-based asset tracking system, capable of locating stolen automobiles, heavy equipment and valuable objects using the cellular systems of major regional telecommunications companies. The Company's proven recovery record has received endorsement by members of the insurance industry. Boomerang is a registered trademark of Boomerang Tracking Inc.