SOURCE: MicroTrak GPS

February 26, 2007 15:40 ET

MicroTRAK GPS Appoints Prestigious Accounting Firm for Annual Audit

DALLAS, TX -- (MARKET WIRE) -- February 26, 2007 -- The Tracking Corporation (PINKSHEETS: MIOK) has appointed Malone & Bailey, P.C. to audit their books for their recent year, ended Dec. 31, 2006. Malone & Bailey is a Houston, Texas-based accounting firm working in conjunction with The Tracking Corporation, a provider of Global Positioning Systems (GPS) wireless location services and products that track and recover valuable mobile assets.

Commenting on the appointment, Jerry Grisaffi, CEO of The Tracking Corporation, said, "Malone & Bailey understands the issues involved with publicly traded companies and can assist us in maintaining a level of integrity that is essential for our continued growth."

Malone & Bailey's unique approach affords them the success of having the largest number of SEC clients of all non-national accounting firms, serving over 100 small public companies.

"We are pleased to have been accepted as a new client by a firm as experienced in working with the delicate issues involved with maintaining public visibility and shareholder value," states Grisaffi.

In making the announcement, Grisaffi says, "This decision represents an important step for The Tracking Corporation, as we continue to build a solid corporate foundation, and should greatly assist us in our exposure to the financial community in an easily understood and professional way."

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 turnkey 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: www.microtrakgps.com.

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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