ARGO Tracker Announces Global Availability of Asset Tracking Solutions to Combat Billions of Dollars Lost Annually in Supply Chain; Signs Multi-Year Agreement with EZE Trucking to Deploy Tracking Systems to its Trailer Fleet

TUCSON, Ariz.--March 27, 2006--ARGO Tracker today announces the availability of its global, real-time asset tracking solutions, designed to combat the annual loss of billions of dollars in the supply chain due to theft, vandalism, breakage, and spoilage.

Industry experts estimate losses in the supply chain due to theft alone at $3.5 billion to $5 billion annually. The figure climbs when vandalism and spoilage are figured in. ARGO Tracker's strategic asset tracking solutions provide an unprecedented level of supply chain visibility, accountability and security.

ARGO Tracker's system consists of in-field data collection units and Web-based applications that continuously monitor and track the location and status of shipments via GPS and satellite technology from origin to destination, whether transported by surface, air or marine. By using ARGO Tracker, companies can realize higher profits and productivity and reduce client churn as well as fulfill increasing regulatory mandates.

"What sets ARGO Tracker apart from the competition is the fact that our solution is highly customizable and can be tailored to meet the financial and technical infrastructure needs of an organization," noted Mike Hammons, Chief Executive Officer of ARGO Tracker. In addition, ARGO Tracker's systems employ extremely precise monitoring sensors, have excellent power management capabilities, are modular, and use encrypted point-to-point communication.

Customers include companies such as EZE Trucking, a California-based trucking company that is deploying into its current fleet management systems ARGO Tracker's Sentinel system as the solution to ensure real-time asset visibility, throughout its fleet of flatbed trailers. The multi-year agreement allows for the support of initial fleet requirements with the option to expand the system to outfit additional fleet requirements.

"Given the numerous tracking, sensing and reporting capabilities combined with the flexibility of our unique business solution options, we know our system will effectively and efficiently provide EZE Trucking with the fleet visibility and asset security it needs to enhance service and increase profitability," said Hammons.

Kirk Jensen, President of EZE Trucking stated, "After a three-year search, EZE is pleased to identify ARGO Tracker as having the product most able to fulfill our immediate and long-term asset tracking goals. Using ARGO Tracker's system allows us to differentiate ourselves in a highly competitive environment."

ARGO Tracker offers its solutions in three configurations, depending on customer requirements: ARGO Sentinel, designed for smaller companies operating in commodity-driven markets where competition is heavily based on price; ARGO Enterprise, designed for companies looking to buy information technology applications and install them in their own internal infrastructure, maintaining direct control; and ARGO Fusion, a flexible, customized solution utilizing features of both the ARGO Sentinel and ARGO Enterprise.

About ARGO Tracker

ARGO Tracker is a provider of highly customizable, real-time asset tracking solutions that help companies reduce product and freight losses resulting from theft, poor supply chain visibility, damage and spoilage. Through its three differently configured solutions, ARGO Sentinel, ARGO Enterprise and ARGO Fusion, ARGO Tracker offers companies highly robust, GPS-based, real-time solutions to the tracking and monitoring of fleet vehicles, cargo or any high value mobile asset. ARGO Tracker is a subsidiary of Argo-Tech Corporation, a tier one aerospace manufacturer of aviation fuel and gas delivery systems comprising over 80% of the aircraft fuel pump systems. For more information on ARGO Tracker and its customizable business solutions, go to www.argotracker.com.