FOR IMMEDIATE RELEASE:
MEDIA CONTACTS:
Dan Chicoine
Gabriel Technologies Inc.
402.614.0258
dchicoine@gabrieltechnologies.com
GABRIEL TECHNOLOGIES
LAUNCHES NEW CANADIAN DISTRIBUTION CHANNEL
WAR-LOK cargo security line launches in Canada
Omaha, Neb, March 10, 2005 - Gabriel Technologies Corp (NASD OTCBB:
GWLK), founders of the WAR-LOK™ transportation security
product line, has signed an agreement with Davanac, Inc. to distribute
the WAR-LOK i-Series of physical cargo locks throughout Canada.
The deal expands Gabriel’s international distribution channel
to include Canada and gives the company access to Davanac’s
established customer base. Davanac is a leader in the distribution
of products to the Canadian railway and industrial markets.
“Davanac customers in both rail and intermodal industries
will now have access to a group of physical security locking systems
that will enhance the security of their cargo,” said John
Detlefson Gabriel Technologies executive vice president. “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.”
“We believe Gabriel offers the best security products on
the market,” said Luigi Covello, President of Davanac, Inc.
“Incorporating the War-Lok i-Series allows us to expand
our product offering to our customers and expand into new markets.”
For more information about the WAR-LOK i-Series visit:
www.gabrieltechnologies.com/intermodal
About Davanac, Inc.:
Davanac Inc., a Canadian based company established in Montreal,
Quebec, is a subsidiary of Unity Railway Supply Co. located in
Chicago, Illinois. Davanac 's roots date back to 1921 when the
W.K. Davidson Co. was founded as a railway supplier. The Davanac
name first appeared in 1969 with the merger of W.K. Davidson Company
and Adanac Co. Unity Railway Supply Co. acquired Davanac in 1976.
Davanac operates in two locations: Montreal, being the main office
and Calgary, Alberta. Both locations have sales and warehousing
facilities totaling over 22,000 square feet. Davanac Inc. offers
a wide selection of maintenance of way products, freight car and
locomotive parts for the railway industry along with a variety
of abrasive products for both the railway and industrial sectors.
Our commitment is to provide quality and approved products matched
with reliable and knowledgeable sales and service.
About Gabriel Technologies Corporation:
Gabriel Technologies of Omaha, Neb, 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 accounts for over $15 billion
in annual losses.
With the implementation of our award winning physical security
product line, the WAR-LOK™, Gabriel Technologies now provides
the transportation/shipping industry cost efficient security measures
to prevent theft and other security problems that affect our nation
and global economy. Homeland security is Gabriel’s top priority
and the company is poised with a proven product line to help deter
terrorists who try to threaten our nation’s security and
disrupt the flow of commerce.
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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 ``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 website
The company'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 the company's
control, in addition to those discussed in the company's press
releases, public filings, and statements by the company's management,
including, but not limited to, estimates of the sufficiency of
its existing capital resources, abilities to raise additional
capital to fund future operations and repay its existing indebtedness,
and the uncertainties involved in estimating market opportunities.
All such forward-looking statements are current only as of the
date on which such statements were made. The company 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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