C-Chip and Rent Centric Enter into a Strategic Partnership

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) December 3, 2004 -- MONTREAL--(BUSINESS WIRE)--Dec. 2, 2004--C-Chip Technologies Corporation (OTCBB:CCHI - News; Frankfurt:CCHI - WKN: 255471) is pleased to announce that it has entered into a strategic partnership with Rent Centric, Inc. The agreement will involve the marketing of C-Chip's products as part of Rent Centric Inc's solutions offered to vehicle rental organizations.

Michael Youssef, President, Rent Centric, Inc. indicates: "I'm extremely pleased to have reached this agreement with C-Chip. Their products are truly state-of-the-art and complement our focus to offer end-to-end management control solutions to the vehicle rental industry. I believe our customers will find significant benefits using C-Chip's product offerings along with Rent Centric On-Demand automation systems."

Stephane Solis, President & CEO, C-Chip says: "Rent Centric is focusing on a market segment that offers substantial growth for our company. They have a clear focus and we expect that they will be able to leverage their existing clientele base to achieve significant revenues selling our products. The car rental industry is a sector that we were targeting and this agreement with Rent Centric will allow us to speed up our penetration of the market "

About C-Chip Technologies Corporation

C-Chip Technologies Corporation operates in the security industry. We are positioned in an emerging and rapidly growing industry that is about interconnecting machines with IT infrastructures and mobile assets. We integrate wireless communications, on-line transactions, software applications, RFID technology, the Internet and, when location is required, GPS technology to enable business users to efficiently access, control and manage remote assets at low costs. We provide corporations and institutions security solutions for well-identified business needs The Company's goal is to be recognized as a leading provider of security services, credit and asset management solutions used by corporations, financial institutions, insurance companies, car rental companies and urban fleet managers.

About Rent Centric, Inc.

Headquartered in Toronto, Rent Centric, Inc. is a unique organization in that it is a full-fledged IT development company dedicated to providing automation systems for vehicle rental organizations worldwide. Recognizing the lack of advanced sales/management systems available to auto rental organizations worldwide, Rent Centric, Inc's mission is to help those companies reach strategic levels of automation. The current implementation of Rent Centric (Rent Centric, Inc.'s flagship automation system), which is browser-based, Microsoft .NET enabled, and offering centralized control, places Rent Centric, Inc. in the unique position of being able to meet the needs of large franchises and small rental operations alike, with virtually no maintenance requirements. By providing a combination of turn-key products with the option of accessing their expert Professional Services, Rent Centric, Inc. solutions also offer a high degree of flexibility to meet changing business and administration needs.
For more information please visit http://www.rentcentric.com