Centraxx And Speedy Sign Retail Distribution Agreement

18 May 2000

Centraxx And Speedy Sign Retail Distribution Agreement

    TORONTO--May 18, 2000--Centraxx Inc. (OTCBB:CNXX) has signed a Retail Marketing Agreement with Speedy Auto and Window Glass Ltd ("Speedy").
    The agreement calls for Speedy to market, sell and install the Centraxx AutoRescue(TM) vehicle tracking and location system and the AutoRescue PLUS(TM) roadside and emergency notification system through its retail locations in Southern Ontario, Canada. Centraxx and Speedy have agreed to jointly develop and launch various merchandising and retail programs to promote the sale of AutoRescue. As the Centraxx network area is expanded, Speedy also intends to sell AutoRescue in those areas where they have retail units.
    "The Speedy organization is a perfect fit for us," stated Centraxx VP Sales, Bob Hill. "As an industry leader, Speedy will provide excellent retail exposure for our products. They have concentrated presence in Southern Ontario and in many other key markets Centraxx expects to enter. Speedy will also add value as an authorized installation partner providing professional on-site installation for AutoRescue customers. They currently provide a similar service for several major insurance companies." Mr. Hill added, "We are delighted to welcome Speedy to the growing family of Centraxx strategic partners."
    "The auto glass industry is a natural retail channel for Centraxx AutoRescue and certainly at Speedy where we are always searching for better ways to serve our customers and to offer quality automotive aftermarket products," stated Speedy V.P. Sales & Marketing, Bill Robertson. "Speedy anticipates selling a substantial number of systems because of the low price and functionality. We expect AutoRescue to be a big winner for us."