About VIGIL
Vigil is an innovative product completely conceived and manufactured in Quebec by Vigil Technology. VIGIL is the first product of its kind offering a complete and affordable telematic solution directly to consumers. The product is available to consumers since April 2001 and at the retail outlets "Docteur du Pare-Brise" since September 2001. By its versatility, the product has multiple applications for the commercial and industrial markets.

VIGIL's mission is to offer peace of mind and the assurance of maximum protection against intrusion or theft to vehicle owners since the system directly and immediately transmits the information. Furthermore, in case of theft, the monitoring, locating and dispatching of the emergency services will be assured by PROTECTRON, the largest electronic security monitoring company in Quebec. This combination allows us to assert that we offer the best available service to our users.

And that's not all! The VIGIL system allows the owners themselves to locate and control their vehicle with precision directly, without intermediary, anywhere, anytime.

Here are the services offered by VIGIL to all the users:

• Direct access to the vehicle by Internet and/or by telephone
• 24-hour electronic surveillance and automatic report of event
• Roadside assistance button
• Access to road navigation in the vehicle
• Advanced functions for the commercial/industrial sector

It is important to mention that ever since the launch of VIGIL in March 2001, several businesses have evaluated and tested VIGIL with success. Presently, most of the major contributors in Quebec insurance industry have already recognized VIGIL as a system which meets and even surpasses the requirements in vehicle tracking. Moreover, we are convinced that VIGIL offers without a doubt an unequalled protection approach at several levels:

• Level 1 Theft risk decrease by prevention with an approved anti-starter;
• Level 2 Automatic detection and immediate report of all offences;
• Level 3 Professional and quick 24-hour monitoring by Protectron.

In addition, following its merge with Smart Api Venture Capital Corporation under the stock symbol SMI, Vigil Technology will become a public company registered on the TSX Venture Exchange.
For the latest developments or a complete demonstration of the VIGIL system, we invite you to visit our Internet site: www.vigiltec.com. If you have any questions or comments, do not hesitate to contact us on our toll free number 1-866-225-4444.

About Protectron

Protectron is the leading security service supplier in Quebec, with over $40 million in sales. It offers security and monitoring services to residential, commercial, industrial and institutional markets in Eastern Canada, with a strong concentration in Quebec. Protectron also owns Security 24 who provides monitoring services in Ontario and Quebec.

The accuracy of the information contained in this press release was not approved or accepted by The TSX Venture Exchange.