March 05, 2007 12:21 ET

MicroTRAK GPS Adds New Controller to Their Corporate Infrastructure

DALLAS, TX -- (MARKET WIRE) -- March 5, 2007 -- The Tracking Corporation (PINKSHEETS: MIOK) has expanded their team with the addition of a new controller. His efforts will focus on human resources, payroll, tax reporting and improving client relations through accounts receivable and accounts payable processes. A main goal shared by both parties is the implementation of new policies and procedures regarding budgets, monthly forecasting, hiring and corporate growth projection.

Michael Roberts has experience from over a decade of dedication as controller at Business Bank of Nevada, Las Vegas, Nevada; Barton Enterprises, Inc., Dallas, Texas; and Delivery Limited, Inc., Dallas, Texas.

Roberts will be instrumental in implementing systems and procedures to ensure compliance with Sarbanes-Oxley. This act includes provisions addressing audits, financial reporting and disclosure, conflicts of interest and corporate governance at public companies. Another integral function performed by Roberts will be the reporting requirements of the Securities and Exchange Commission.

Roberts says, "I am proud and honored to be a part of this organization within such an explosive industry, and know that my background, particularly in operations and investments, will significantly contribute to MicroTRAK's success."

Commenting on the addition, Jerry Grisaffi, CEO of MicroTRAK GPS, Inc., said, "We are pleased to invite him into our corporate family. We are growing so rapidly that a specialist in the field of growth projection and expansion is fundamental to our organization."

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 he 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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