Kolombo Technologies Ltd.

Kolombo Technologies Ltd.

April 30, 2008 10:05 ET

Kolombo Confirms the Sale of 60 Units to Transport Transbo Inc.

QUEBEC CITY, QUEBEC--(Marketwire - April 30, 2008) - Kolombo Technologies Ltd. (TSX VENTURE:KOL) ("Kolombo") announces the sale of 60 of its TRS-5000 units to Transport Transbo inc. of St-Simon, Qc, a company specialised in food transportation for Olymel.

"After experimenting with several systems during the last years, we chose Kolombo's TRS-500 for the quality of its technology, its performance and its varied applications. We were very impressed by the quality of the data we gathered, the motor management tools, the clarity of the reports produced and the possibility to analyse our operations, which allows us to achieve productivity gains", said Carole Grenier, Director of Transport Transbo inc.

"This agreement confirms the many benefits of using Kolombo's products. The advantages of the IPS norm (Integrity, Performance, Security) which contribute to a more efficient management of vehicle fleets, and Transport Transbo's choice of our systems place Kolombo at the highest level of excellence", concluded Martin Arsenault, Kolombo's President.

About Transport Transbo inc.

Located in St-Simon, Qc, Transport Transbo, a subsidiary of Olymel Ltd., is a food transportation company. Olymel is a large general partnership employing over 7,000 people throughout Canada.

About Kolombo Technologies Ltd

Kolombo was founded in Quebec City in 2000 and is listed on the TSX Venture Exchange (TSXV: KOL). The Company focuses its activities on the research, technological development and commercialization of vehicle management, protection and anti-theft systems, in particular for heavy machinery, trailers and commercial merchandise. Distribution of Kolombo's products is ensured by Detroit Diesel Allison Canada East, a major distributor of engines and transmissions for trucks and heavy machinery and a member of the Wheeltime network, which has 225 branches in North America (www.ddace.com).

Local or international land transport, industrial complexes and widespread work sites all present security challenges for their managers. Kolombo's technological platform offers these various clienteles both reliability and flexibility with made-to-measure solutions for specific applications.

A distinctive solution

With the launch of its new exclusive IPS security management system, Kolombo considerably distinguishes itself from competitive security and management systems for merchandise transportation. Kolombo's technology ensures complete Integrity of cargo from point of landing to point of unloading; it improves operational Performance of trucking fleet managers and includes a refined Security system.

The TSX Venture Exchange does not approve nor accept responsibility for the adequacy or accuracy of this press release.

Contact Information

  • Kolombo Technologies Ltd.
    Mr. Fouad Choucair
    Chairman and Chief Financial Officer
    Atomica Consultants Inc.
    Pascale Poitras