Xavier Giraud appointed to Kolombo's board of directors

    Mr. Giraud has extensive experience in technological and company

    QUEBEC CITY, March 28 /CNW Telbec/ - Mr. Martin Arsenault, President and
Chief Executive Officer of Kolombo Technologies Ltd "Kolombo" (TSX Venture
Exchange: KOL), is pleased to announce the appointment of Mr. Xavier Giraud to
the Company's board of directors.
    Mr. Giraud is currently a senior partner and Chairman of the board of
Victrix Inc., a Montreal company offering information technology consulting
services. Among its clients, Victrix serves, notably, Hydro-Quebec, Desjardins
Group and Bombardier. He is also President and the sole shareholder of Europ
Auto Holidays, a renowned company in the Canadian tourism industry founded
some forty years ago. This firm, which has locations in Montreal and Toronto,
also works as the exclusive Canadian representative of the Peugeot Eurolease
    During his career, Mr. Giraud also founded the Androne Group, which
merged with Brime Technologies group in June 2000. He was Vice-President of
the Group's board of directors and board of trustees. This company had more
than 2,800 engineers, one thousand of which were under Mr. Giraud's direct
supervision. In addition to managing a budget of more than $100 million, he
also carried out several major acquisitions in Europe and Canada.
    "Mr. Giraud is a visionary entrepreneur with an extraordinary track
record of accomplishments. He is the founder of two large companies, the
success of which testifies to his expertise and leadership skills. Mr.
Giraud's arrival on the board is a major asset for Kolombo as it pursues its
growth strategy," said Mr. Martin Arsenault, Kolombo's President and Chief
Executive Officer.
    "I am highly enthusiastic to be joining the Kolombo team. This dynamic
company is poised to quickly break into its target markets. The innovative
nature of Kolombo's technology combined with the urgent issue of transport
vehicle theft, make us optimistic about the future of this company. I'm happy
to contribute the experience that I have gained with a world-class company
like Peugeot to help Kolombo successfully implement its international
expansion plan," said Xavier Giraud.

    About Kolombo (www.systemekolombo.com)

    Kolombo was founded in Quebec City in 2000 and is listed on the TSX
Venture Exchange (TSX-V: KOL). The Company is focusing its activities on the
research, technological development and commercialization of vehicle
management, protection and anti-theft systems, in particular for heavy
machinery, trailers and commercial merchandise.
    Distribution of Kolombo's products is ensured by Detroit Diesel Allison
Canada East, a major distributor of engines and transmissions for trucks and
heavy machinery and a member of the Wheeltime network, which has 225 branches
in North America (www.ddace.com). Installation of Kolombo's products is
provided by Ajilon, a subsidiary of Adecco, a world leader in the
communications and project management industry with 6,600 offices in 70
countries (www.ajiloncom.com).
    Local or international land transport, industrial complexes and
widespread work sites, all present security challenges for their managers.
Kolombo's technological platform offers these various clienteles both
reliability and flexibility with made-to-measure solutions for specific
    For further information on Kolombo Technologies Ltd, please consult the
Company's website www.systemekolombo.com

    The TSX Venture Exchange does not approve nor accept responsibility for
    the adequacy or accuracy of this press release.

For further information:

For further information: Mr. Fouad Choucair, Chairman of the Board and
Chief Financial Officer, (514) 992-8561, fouad.choucair@kolombotech.com;
Frédéric Bérard, HKDP Communications and Public Affairs, (514) 395-0375, ext.
230, fberard@hkdp.qc.ca

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