SOURCE: The Tracking Corporation

June 08, 2007 10:08 ET

MicroTRAK GPS Signs Distinctive Agreement With Enterprise Financial Group, Inc. (EFG)

DALLAS, TX--(Marketwire - June 8, 2007) - The Tracking Corporation (PINKSHEETS: MIOK) continues to sign up franchise automobile dealers across the country, the latest of which is the impressive Enterprise Financial Group, Inc. (EFG). This agreement allows them the prestigious ability to market a theft recovery system developed by MicroTRAK GPS. It is an innovative specialty product offering comprehensive internet tracking capabilities, instantly capturing and delivering the location of a vehicle. This product brings a new level of technology and service to the consumer.

EFG is a leading provider of Finance & Insurance products, services and technologies for the automotive industry. EFG Companies have been developing and distributing innovative profit solutions to retail dealerships in 44 states for nearly 30 years.

EFG is headquartered in Irving, Texas and is licensed in 44 states. EFG Companies' pioneering offerings are available through five divisions: EFG Dealer Services, EFG Agency Services, EFG Technologies, EFG Training Services and WALKAWAY USA.

Commenting on the affiliation, Jerry Grisaffi, CEO of MicroTRAK GPS, Inc., said, "We are excited for EFG to be marketing our product as a theft recovery and full-featured tracking device to their customers. EFG is a forerunner in offering cutting edge technology and products to their customers, and this is no exception. EFG is industry specific with their products, and with this offering they will soar to new heights."

This is an elite product, powered by MicroTRAK GPS and is offered in the U.S. to include an internet tracking service that allows the customer to track their vehicle 24 hours a day, seven days a week. This unique product will provide customers with a theft recovery unit that includes a first year tracking subscription. Key advantages include instant access to the location of the vehicle, the ability to set location parameters (GeoFence), alerts for vehicle movement without key insertion, history log of vehicle speed and locations traveled, and many more benefits that car buyers are seeking from accessory products in the marketplace.

MicroTRAK GPS, an operating subsidiary of The Tracking Corporation, is a Dallas-based total-solutions provider, with ventures in the asset tracking and vehicle recovery markets. MicroTRAK GPS functions as a multi-faceted corporation focusing on a turn-key approach. This level of dedication provides them with expertise in developing, designing, providing, manufacturing, distributing and servicing GPS technology and products. If you are interested in viewing additional information on The Tracking Corporation, please visit the website at:

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities Exchange Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties.

Although The Tracking Corporation believes the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by The Tracking Corporation or any other person that the objective and plans of The Tracking Corporation will be achieved.

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