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MEDIA CONTACTS:
Dan Chicoine
Gabriel Technologies Corp.
402.614.0258
dchicoine@gabrieltechnologies.com
TWO OF THE NATION’S LARGEST TRUCK
CARRIERS SELECT WAR-LOK™ TO SECURE ASSETS
Omaha, Neb, June 14, 2005 –
Gabriel Technologies Corp (OTCBB: GWLK), a
homeland security company focused on serving the transportation
industry, announced today that it has received orders from Crete
Carrier Corporation, based out of Lincoln, Neb, and also from
Covenant Transport, Inc., based out of Chattanooga, Tenn.
Both sales are for the Gabriel WAR-LOK™ TAB-10/30 truck
air brake locks. Crete Carrier’s order is for 6,000 WAR-LOK™
TAB-10 keyed locks for use fleet-wide, and Covenant’s order
is for 3,500 WAR-LOK™ TAB-30 combination locks.
Constructed of high impact aluminum, the WAR-LOK™ TAB-10
and TAB-30 truck air brake locks protect idling trucks from theft
by completely encasing the air valves. Because this lock is not
a permanent attachment, it can be re-used from one cab to another.
The WAR-LOK™ internal locking core is designed with a flat-keyed
locking system. Each component of this high security disc type
cylinder has been designed to withstand the harsh environments
of the transportation industry. All components are made of chrome
plated hardened steel, brass or stainless steel. The WAR-LOK™
is pick resistant, drill resistant and key duplication is virtually
impossible.
The WAR-LOK™TAB-30 has a similar design concept as the WAR-LOK™
TAB-10 but comes standard with a reset-able lock combination core.
The WAR-LOK™ TAB-10 and TAB-30 retail for $79.50 each.
“We are now seeing leaders in the trucking industry become
more proactive and purchase quality security products to protect
their drivers and assets. The WAR-LOK™ security line is
the answer to help reduce opportunistic theft, a daily threat
to the transportation supply chain”, said Keith Feilmeier,
president and CEO of Gabriel Technologies Corp.
Crete Carrier Corporation along with its operating division Shaffer
Trucking and wholly owned subsidiary Hunt Transportation, Inc,
is one of the largest privately owned trucking companies in the
country, offering a full range of transportation services to its
customers. Collectively, the group operates 5,348 power units
and over 12,435 trailers, serving customers throughout the United
States, Canada and Mexico. The companies rank as one of the 20
largest trucking groups in the country, finishing 2003 with $745
million of gross revenue.
Covenant Transport, Inc. (NASDAQ: CVTI) is a public truckload
carrier that offers just-in-time service and other premium transportation
services for customers throughout the United States. Covenant
operates one of the ten largest fleets in North America with 3,800
conventional tractors, 7,000 trailers and 800 temperature controlled
vans. Covenant features just-in-time and other premium transportation
services, focusing on longer lengths of haul and selected traffic
lanes to enhance equipment utilization, improve operating efficiency
and provide the equipment availability demanded by major shippers.
The company’s primary customers include manufacturers, retailers
and other transportation companies.
About Gabriel Technologies Corporation:
Gabriel Technologies of Omaha, Neb., www.gabrieltechnologies.com,
develops proprietary technology for, manufactures and sells, a
series of physical locking systems for the transportation and
shipping industries collectively known as the WAR-LOK™ Security
System. Security has evolved substantially in recent years due
to increased risks from theft and terrorism and with the implementation
of the award-winning WAR-LOK™, Gabriel Technologies provides
cost efficient security measures to prevent national and global
theft and homeland security issues. Gabriel Technologies’
mission is to provide the highest quality security products available
to the transportation and shipping industries – by creating
innovative, proven technologies that can be implemented on a realistic
basis. Gabriel also has two subsidiary companies; a new generation
aGPS company, Trace Technologies, LLC, www.trace-tech.net,
and a security consulting firm, TRSC Ltd, www.trscltd.com.
SAFE HARBOR Information in this news release may contain statements
about future expectations, plans, prospects or performance of
Gabriel Technologies Corporation 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 ``goal,'' ``can be,'' ``expects,'' ``may affect,'' ``believed,''
``estimate,'' ``project,'' and similar words and phrases are intended
to identify such forward-looking statements. The company cautions
you that any forward-looking information provided by or on its
behalf is not a guarantee of future performance. None of the information
on this news release 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 news release.
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