Mississauga, Ontario - March 31, 2009 - ELM Technologies Ltd., a Canadian provider of advanced asset tracking solutions, is pleased to announce that they have signed a Channel Partnership Agreement with SkyBitz Inc. to sell their Global Locating System (GLS) asset monitoring and tracking solutions to the Canadian market. SkyBitz's patented GLS technology can complete a network transaction in just seconds and operates for up to 5 years on the same AA lithium battery pack.

As a result of this strategic alliance, ELM will be able to provide alternatives to GPS tracking solutions, which will benefit those clients looking for a stand-alone unit that does not require any connection to an engine and provides real-time location and status information.

“The SkyBitz solution fills a void that we had with our product offerings. We needed a product that could operate as a stand-alone unit and be reliable and cost effective,” Doug Elphick, President of ELM Technologies Ltd. “I am very excited to be partnering with SkyBitz, who is a recognized industry leader.”

“SkyBitz is committed to partnering with best-in-class companies to bring industry leading asset management solutions to the market ,” said Bernard Borghei, EVP of Sales and Operations. “By partnering with ELM Technologies Ltd., we bring together SkyBitz's innovative solutions with ELM's expertise in the Canadian market”

About ELM Technologies Ltd.

ELM Technologies Ltd. (ELM) was founded in 1996 and is located in Mississauga, Ontario, Canada. ELM sells and services web-based software that will track, monitor, and record vehicle activity in real time to help fleet managers, operations managers, and business owners effectively manage their vehicles and drivers.
ELM provides Tier One, bilingual technical support to their Canadian clients. ELM's skilled technicians can service vehicles at their Mississauga, Ontario facility or at client locations anywhere in North America. For more information, visit www.elmtechnologies.com.

About SkyBitz

SkyBitz is the leading asset management solution provider, providing real-time information on the location and status of assets to customers in the fields of transportation, energy, and government. SkyBitz delivers a reliable, easy-to-use solution that provides clear visibility and assessment of remote assets anytime, anywhere. Throughout North America, more than 600 customers currently rely on cost-effective SkyBitz technology to manage more than 180,000 assets to achieve total visibility, improve security, lower operating costs and enhance customer service. SkyBitz is a privately held company backed by CIBC Capital Partners, Highstar Capital, Inverness Graham Investments, Motorola Ventures and ITV, a fund of Cordova Ventures. For additional information, visit www.SkyBitz.com.