FOR IMMEDIATE RELEASE:
CONTACT:
Gabriel Technologies Corp
Dan Chicoine
Investor Relations Officer/VP of Marketing
(402) 614-0258 (402) 306-6943
dchicoine@gabrieltechnologies.com
Gabriel Technologies
Takes WAR-LOK Product Line International by Launching New Cargo
Security Offering with Mega Fortris
Agreement Gives Gabriel Large Distribution Intro to International
Markets
Omaha, Neb. – Gabriel Technologies
Corp (OTCBB:GWLK) founders of the WAR-LOK(TM) transportation security
product line, and Mega Fortris, a global supplier of high quality
security seals, combine product offerings to launch a new generation
of physical security products.
The new product offering combines Gabriel Technologies WAR-LOK(TM)
cargo locking systems with Mega Fortris highly tamper evident
security seals to create one of the industry's most secure "End
to End" layered cargo security solutions. Mega Fortris and
Gabriel will cross sell each other's product lines in each respected
market territories. In doing so, Mega Fortris will be Gabriel's
seal provider of choice and Gabriel will become Mega Fortris'
lock provider of choice.
"With the increasing complexity of supply chain security,
it is vital that companies implement a layered approach to protect
their assets during transport," said John Detlefsen, executive
vice president of Gabriel Technologies. "These layers work
together to deter theft and terrorist threats and further ensure
a safer and more secure global supply chain."
"Gabriel Technologies and Mega Fortris are two specialized
companies fulfilling different security needs in the transportation
industry," said Nick Ng, Managing Director of Mega Fortris
Group. "Tamper evident security seals are best for some applications,
barrier security devices are better for others, while the combination
of both is the best solution for certain security requirements.
Mega Fortris and Gabriel Technologies can now offer the best of
both worlds."
Gabriel Technologies and Mega Fortris will expand distribution
channels, through the partnership to sell each other's product
lines, to include operations covering 16 countries throughout
the world including; Africa, China, Denmark, Indonesia, Malaysia,
Philippines, Singapore, Thailand, United Kingdom and the United
States.
"Both companies will expand their presence in new geographic
markets, which is critical because supply chain security is a
global issue." said Ng. "The new product offering is
a stepping-stone and just one of many future joint product developments."
"Gabriel Technologies is excited to partner with a tamper
evident seal manufacturer that shares the same passion for developing
innovative, high quality and cost effective security solutions,"
said Detlefsen. "Now, we are able to offer our customers
a single source for their supply chain security needs."
About Mega Fortris:
Mega Fortris is specialized in designing and manufacturing highly
tamper evident security seals. The company excels in unique security
solutions developed in close cooperation with customers and through
focus on research and development. Mega Fortris was founded in
1996, but is already one of the leading companies in its industry.
It is a privately owned company with offices in 16 countries and
5 production facilities around the world - all working to secure
the global supply chain.
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 accumulates for $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.
Gabriel Technologies' 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 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.
###