Contact:
Gabriel Technologies Corp
Investor Relations Officer/VP of Marketing
Dan Chicoine
(402) 614-0258 (402) 306-6943
dchicoine@gabrieltechnologies.com
Gabriel Technologies Receives
Most Innovative New Product Award
Award-Winning Cargo Locking System Provides
Real World Results for Shippers
OMAHA, Neb., September 14, 2004 - Gabriel
Technologies Corporation (PINK SHEETS: GWLK) receives the National
Cargo Security Council's Most Innovative New Product Award for
its WAR-LOK i-Series. Designed in conjunction with industry security
leaders, the WAR-LOK i-Series provides the highest level of deterrence
to cargo and full container thefts in the intermodal and marine
industries.
More than 550 exhibitors were judged in three categories, Best
in Show, Most Creative and Most Innovative, at the Annual NCSC
Conference. Gabriel Technologies' combination of the WAR-LOK Intermodal
Barrier Box (IB-10), Security Pin (IP-10), which requires a proprietary
removal tool (IRT-10), was chosen as the most innovative product
because it offers a simple, cost effective solution for securing
cargo containers while successfully deterring thieves.
A two-part seal system, the IP-10 locking pin secures the hasp
and the IB-10 cast iron barrier protects the pin. Each locking
pin is individually numbered and bar-coded for easy tracking and
tracing. With its easy to use design and completely reusable barrier
box, the cost of the IP-10/IB-10 is comparable to a regular disposable
bolt seal. But much more effective. The IB-10 fits a majority
of intermodal container hasps.
“A product may be innovative, but if it doesn’t have
realistic application and deliver results in a cost effective
way it doesn’t help the customer battle thieves,”
said John Detlefsen Gabriel Technologies Executive Vice President.
"Gabriel Technologies' i-Series is not only innovative, it
has never been defeated."
The WAR-LOK i-Series was created to specifically address the needs
of two of the nation's largest railroads. The railroads were battling
opportunistic and organized cargo theft on high value loads and
needed a security solution that could realistically be implemented
at a cost effective price. Gabriel's WAR-LOK IB-10 and IP-10 provided
a system that could not be defeated with common theft tools and
in return created time and risk for would-be-thieves.
Prior to implementation of the WAR-LOK products the railroads
where suffering more than 500 seal breaches a week costing the
railroads more than $1,000,000 in cargo claims annually. Upon
implementation of the WAR-LOK IB-10 and IP-10 system on select
high-risk loads, those problems went away and stay away due to
the railroads continued use of Gabriel products.
" Gabriel is staffed with very talented and knowledgeable
people that have years of experience in the industry. The high
level of expertise, combine with their products, definitely makes
them a contender in the cargo security marketplace," said
Lowell Werner, NCSC Board Member and Exhibit Judging Committee
Chair.
About Gabriel Technologies:
With the implementation of our physical security product line,
the WAR-LOK Series, and our tracking assisted GPS (aGPS) product
line, Gabriel Technologies Corporation partners with the transportation/shipping
industry to help apply the proper security measures to the risks
they are concerned with reducing. Gabriel is poised to help our
customers prevent theft and terrorism related issues, which affect
our nation and world economies. For more information visit us
on the web at www.gabrieltechnologies.com.
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