SOURCE: Tracking Corporation

April 03, 2007 10:18 ET

MicroTRAK GPS Announces the Selection of a New Chief Financial Officer

DALLAS, TX -- (MARKET WIRE) -- April 3, 2007 -- The Tracking Corporation (PINKSHEETS: MIOK) has appointed a new CFO to their corporate infrastructure. He is a veteran CFO, having served in that post for over eight years. His efforts will focus on finance, operations, strategic planning and securities. A main goal shared by both parties is to maintain positive cash flow and continue the advancement in corporate growth and competitive placement.

Tilmon Kreiling, Jr., Ph.D., earned an MBA and doctorate at the prestigious Stanford Graduate School of Business. He has over 25 years' experience working in financial markets. He possesses global expertise spanning ten industries. He served as President of Kreiling Associates & Co., Inc. They were an NASD broker/dealer member firm. Kreiling has been an NASD-licensed FINOPS (Series 27) securities principal. He also held executive financial positions at Waugh Enterprises, Inc.; REOC, Inc.; Baraban Securities, Inc. and American Realty Trust.

Kreiling will be instrumental in implementing due diligence, securities compliance and capitalization. He is proficient in developing and implementing action plans to drive profitable financial performance. Kreiling says, "I am excited about joining MicroTRAK GPS, INC. as CFO at this time because its primary GPS products have recently demonstrated rapid sales growth."

Commenting on the addition, Jerry Grisaffi, CEO of MicroTRAK GPS, INC., said "We are pleased to have him join our team. We are growing so rapidly that a specialist in the field of strategic planning, along with emphasis on the reporting requirements of the Securities and Exchange Commission, will prove to be very beneficial."

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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