Chubb Insurance - Canada Endorses NavLynx Tracking System

NavLynx Merger With Zenith Technology Previously Announced

TORONTO, Aug. 19 -- NavLynx Technologies (Canada) Inc. is pleased to welcome Chubb Insurance Company of Canada to its growing list of partner insurance companies eager to lower the losses and associated costs resulting from an increase in auto theft across Canada. Chubb Insurance has now approved and recommends the NavLynx Technologies AutoGuard Tracking(TM) System to be installed in its insured vehicles.

Chubb marketing specialist Natalie Ayotte agrees that Chubb's loss ratios related to stolen vehicles and incidence of insurance fraud will be reduced because of the NavLynx AutoGuard Tracking System.

NavLynx also recently announced that it has entered into a binding letter of intent to merge with Zenith Technologies, Inc. (BULLETIN BOARD: ZNTH) . The transaction is subject to final board and shareholder approval by NavLynx anticipated to take place by the middle of September, 2003.

The NavLynx system, with its unique abilities to track and find a stolen vehicle, already is the preferred vendor to a number of large rental and commercial fleet operators, as well as law enforcement agencies throughout North America. "As we launch into the consumer market, and pursue a number of opportunities in the U.S. market, support from insurance partners as important and well-known as Allstate Canada will allow us to bring the maximum benefit to all our customers," said Jeff Henry, NavLynx President and CEO.

Forward-Looking Statements

Certain statements in this news release that relate to financial results, projections, future plans, events, or performance, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended and involve significant risks and uncertainties, including, but not limited to, the following: competition, cost of components, product concentration and risk of declining selling prices. The Company's actual results could differ materially from those anticipated in such forward-looking statements as a result of a number of factors. These risks and uncertainties, and certain other related factors, are discussed in the Company's Form 10-K, Form 10-Q and other filings with the Securities and Exchange Commission. These forward-looking statements are made as of the date of this release and the Company assumes no obligation to update such forward-looking statements.