FOR IMMEDIATE RELEASE:
MEDIA CONTACTS:
Dan Chicoine
Gabriel Technologies Inc.
402.614.0258
dchicoine@gabrieltechnologies.com
GABRIEL TECHNOLOGIES
CORP ACQUIRES TRSC, LTD FOR SECURITY AND SAFETY CONSULTING SERVICES
Services Available to Rail, Trucking and Intermodal Shippers
Omaha, Neb, March 23, 2005 – Gabriel Technologies Corp (NASD
OTCBB: GWLK), founders of the WAR-LOK™ transportation security
product line, has purchased majority interest in Transportation
Solutions, Risk Management & Safety Consultants Ltd. (TRSC)
to provide quality logistic, risk elimination and injury reduction
products within the transportation industry.
The deal will expand Gabriel’s product offerings to include
the industry knowledge of TRSC’s problem solving experts.
This match of Gabriel’s state-of-the-art products with TRSC’s
90 plus years of transportation logistics expertise will set an
industry standard, providing complete solution shopping for transportation
companies to develop a comprehensive plan to reduce their risk
exposure by eliminating service delays (which become theft opportunities),
developing safety programs that work and by reducing the negative
impact the cost of risk has on the bottom line.
“Imagine having a company that will have the capability
to provide physical security, communications networks, claims
management, limited liability protection against losses and a
WAR-LOK attached to every container traversing our great country,”
said Keith Feilmeier, president/CEO of Gabriel Technologies Corp.
“The products, technology and industry expertise will be
housed in one place for faster service and convenience for the
transportation cargo industry.”
“Gabriel’s products are second to none and exist nowhere
else in the industry,” said Bob Bonnett, President of TRSC
Ltd. “This partnership will assist cargo transportation
to increase net profits by protecting itself from security challenges
due to inadequate measures.”
The two founding principals for TRSC, Bob Bonnett and Harry Cafcules
have extensive experience in the transportation industry. Bonnett
has been a Logistics Executive with extensive and diverse experience
in the transportation industry. His background includes operations,
sales, safety, risk-management, business development and project
management. Cafcules has been with three class 1 railroads through
his career and is certified as a Hazardous Material instructor
in the rail and trucking industry. He has been Director of Terminal
Operations and Safety in the intermodal industry throughout his
30 year career.
About Gabriel Technologies Corporation:
Gabriel Technologies of Omaha, Neb, 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.
About TRSC Ltd.:
Transportation Solutions, Risk Management and Safety Consultants
Ltd., was established by former railroad industry executives and
senior managers to assist contractors and suppliers in expanding
business development opportunities within the transportation industry.
The principals and employees of the company have over 90 year’s
combined logistics experience primarily in the business development,
operations, intermodal, automotive, safety and risk management
fields. Their knowledge lends itself to addressing client business
growth opportunities by providing a real world perspective and
knowing what the customer expects.
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