The Tracker Corporation Signs 4 Year Agreement With Warrantech Corporation

                     Expected Revenues to Top $6 Million

  Warrantech to Receive Options to Purchase 2 Million Tracker Shares at $.50

    TORONTO, Feb. 12 The Tracker Corporation of America
(OTC Bulletin Board: TRKR) announced today that they have entered into a
4-year agreement with Warrantech Corporation of Euless, Texas
(OTC Bulletin Board: WTEC) expected to produce revenues in excess of
$6 million for Tracker.
    Beginning in February 2001, Warrantech will offer to its distribution
channels, Tracker's confidential identification and recovery service.  This
new service will reduce the risk of accidental loss or theft of product
purchases, in addition to the repair and replacement benefits already offered
by Warrantech.  Under the program, Tracker will arrange for the safe return of
any recovered item anywhere in the world to the customer at no charge.
    In consideration for completing the agreement, Warrantech will be issued
options to purchase 2 million Tracker common shares at $0.50 per share.
    "Adding a global recovery and return system for our customer's purchases
is a natural fit with our vision of 'Protecting Your Future,'" said Joel
SanAntonio, CEO of Warrantech Corporation.  "Successful recoveries breeds
excellent goodwill that is often conveyed to friends, family and
acquaintances, all of which may be new customers for Warrantech."
    "As Tracker's mobile wireless application, WebTrack comes on stream, we
foresee other powerful database functions that can be added to extended
warranty capabilities," added Steve Williams, Vice President, Consumer
Products Services, Inc., Warrantech Corp.
    "I am very gratified and excited by this opportunity to be of service to
so many new customers and to work closely with America's premier warranty
company," said Bruce Lewis, CEO, Tracker Corporation of America.

    ABOUT TRACKER
    The Tracker Corporation of America is a company that develops, markets,
sells and operates asset management, inventory control and personal property
identification and recovery systems using advanced barcode and laser scanning
technology.

    ABOUT WARRANTECH
    Warrantech Corporation, headquartered in Euless, Texas, through its
subsidiaries, administers and markets service contracts and after-market
warranties on automobiles, automotive components, recreational vehicles,
appliances, consumer electronics, homes, computer and computer peripherals for
retailers, distributors and manufacturers.  The company continues to expand
its domestic and global penetration, and now provides its services in the
United States, Canada, Mexico, Puerto Rico and Latin America.  For more
information about Warrantech, access http://www.warrantech.com.

    For more information visit the Company's web site at http://www.tracker.com.

    Forward-looking statements made herein are pursuant to the safe-harbor
provisions of the Private Securities Litigation Reform Act of 1995.  Investors
are cautioned that actual results, performance or developments could differ
materially from those expressed or implied by these forward-looking statements
as a result of known or unknown risks, uncertainties and other factors
described from time to time in the company's filings with the Securities and
Exchange Commission, press releases or other communications.

    For further information, please contact, Bruce Lewis, CEO of The Tracker
Corporation, 416-663-8222; or Steve Williams, Vice President of Warrantech
Corporation, 800-544-9510; or Fran Daniels, Investor Relations of Financial
Sciences of America, 310-278-4413, finsci@earthlink.net, for The Tracker
Corporation.