FOR IMMEDIATE RELEASE:

MEDIA CONTACTS:
Dan Chicoine, Gabriel Technologies Corp
402.614.0258
dchicoine@gabrieltechnologies.com

GABRIEL TECHNOLOGIES CORPORATION APPROVED FOR LISTING ON THE OVER THE COUNTER BULLETIN BOARD
December 29, 2004 08:30:00 AM ET

Omaha, Neb. – Gabriel Technologies Corporation (“Gabriel”) GWLK common shares have been accepted to quotation on the NASD Over the Counter Bulletin Board (OTCBB) under the symbol - "GWLK."

"Progressing onto the Over The Counter market represents a significant milestone for Gabriel, strengthening the foundation upon which we can grow our WAR-LOK Security System," said Keith Feilmeier, President of Gabriel. "The OTCBB will provide Gabriel with access to a broader range of potential investors, help to improve liquidity in our common stock and enhance shareholder value."
The OTC Bulletin Board is a regulated quotation service that displays real-time quotes, last sales prices, and volumes for more than 3,600 securities. OTC Bulletin Board securities are traded by a community of market makers that enter quotes and trade reports through a highly sophisticated computer network. Investors work through a broker/dealer to trade OTC Bulletin Board securities. Information regarding the OTC Bulletin Board can be found on its website at www.otcbb.com.

About Gabriel Technologies Corporation
Gabriel Technologies Corporation develops proprietary technology for, and manufactures and sells, a series of physical locking systems for the transportation/shipping industry collectively known as the "WAR-LOK" Security System. Security within the transportation/shipping industry has evolved substantially in recent years due to the increased risks in theft and terrorism. In the United States alone cargo theft accumulates for $25 billion in annual losses.

With the implementation of our 2004 International Cargo Security Council’s “Most Innovative New Product” award winning physical security product line, the WAR-LOK Series, Gabriel Technologies Corporation now provides the transportation/shipping industry cost efficient security measures to prevent theft and related security issues which affect our nation and world economies.

Mission
Gabriel’s mission is clear, to provide the highest quality security products available to the transportation and shipping industry – by creating innovative, proven technologies that can be implemented on a realistic basis in today’s post 9/11 economy.

SAFE HARBOR Information in this news release or on this website may contain statements about future expectations, plans, prospects or performance of Gabriel that constitute forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project," and similar words and phrases are intended to identify such forward-looking statements. Gabriel cautions you that any forward-looking information provided by or on behalf of Gabriel is not a guarantee of future performance. None of the information on this website constitutes an offer to sell securities or investment advice of any kind, and visitors should not base their investment decisions on information contained in this website. Gabriel’s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Gabriel’s control, in addition to those discussed in Gabriel’s press releases, public filings, and statements by Gabriel’s management, including, but not limited to, Gabriel's estimate of the sufficiency of its existing capital resources, Gabriel's ability to raise additional capital to fund future operations, Gabriel's ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities and, in identifying contracts which match Gabriel's capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Gabriel does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.

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