FOR IMMEDIATE RELEASE:
CONTACT:
Gabriel Technologies Corp
Dan Chicoine
Investor Relations Officer/VP of Marketing
(402) 614-0258
dchicoine@gabrieltechnologies.com
Tom Perez
Wick’s Truck Trailers, Inc.
(402)895-5555
tperez@wickstt.com
GABRIEL TECHNOLOGIES
TIGHTENS SECURITY FOR NATION’S LARGEST WABASH TRUCKING TRAILER
DEALERSHIP
Omaha, Neb. Feb. 17, 2005 – Gabriel
Technologies Corp (NASD OTCBB: GWLK), founders of the WAR-LOK™
transportation security product line, has signed an agreement
with Wick’s Truck Trailers, the nation’s largest Wabash
Trailer dealership, giving Wick’s distribution rights for
the WAR-LOK™ t-Series (trucking).
In addition to offering truck and trailer parts, Wick’s
Truck Trailers will now market and distribute several WAR-LOK™
t-Series products including: the TAB-10 (truck air brake lock),
the TKP-10 (trailer king pin lock), the TGH-10 (trailer glad hand
lock), the TL-10 (trailer rear door lock) and the TH-10 (trailer
rear door hasp). Wick’s Truck Trailers will also offer the
WAR-LOK i-Series (intermodal) to limited customers.
“We are excited that Wick’s has taken this opportunity
to offer its customers our WAR-LOK™ cargo security product
line. This distribution agreement represents our focused business
model of identifying key partners with a proven footprint in the
industry to represent our WAR-LOK™ product line to their
existing customers,” said Don Whatcott, general manager
of sales for Gabriel Technologies.
“We have seen an increasing need for additional security
protocol in our country’s trucking industry, as well as
worldwide,” said Tom Perez, part, sales and marketing manager
of Wick’s Truck Trailers. “It is a natural fit that
Gabriel Technologies, an Omaha-based manufacturer, and Wick's
Truck Trailers, an Omaha-based nationwide supplier of truck and
trailer parts, form a business partnership.”
The WAR-LOK™ security system was designed to address the
needs of today’s intermodal/marine, trucking and rail industries.
Recognizing the need to effectively reduce opportunistic theft
within the shipping/transportation environment, Gabriel Technologies
worked closely with industry security leaders to design a true
barrier and indicative security product that provides proven deterrence
to theft and terrorism and is logistically realistic to implement.
About Wick’s Truck Trailers, Inc.:
Founded in 1978, Wick's Truck Trailers has grown to be the one
of the leading suppliers of aftermarket truck and trailer parts
in the Midwestern United States. Wick’s commitment to their
clients is to help them add value to their business by supplying
the quality products they demand, while helping increase their
margins. Many companies rely on Wick's to meet their needs:
• Professional service that puts your needs first
• Experienced team dedicated to getting results
• Centrally located for faster delivery
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.
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.
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