Business Services Industry

Two of the Nation's Largest Truck Carriers Select WAR-LOK to Secure Assets

Business Wire, June 14, 2005

OMAHA, Neb. -- Gabriel Technologies Corp (OTCBB:GWLK), a homeland security company focused on serving the transportation industry, announced today that it has received orders from Crete Carrier Corporation, based out of Lincoln, Neb, and also from Covenant Transport, Inc., based out of Chattanooga, Tenn.

Both sales are for the Gabriel WAR-LOK(TM) TAB-10/30 truck air brake locks. Crete Carrier's order is for 6,000 WAR-LOK(TM) TAB-10 keyed locks for use fleet-wide, and Covenant's order is for 3,500 WAR-LOK(TM) TAB-30 combination locks.

Constructed of high impact aluminum, the WAR-LOK(TM) TAB-10 and TAB-30 truck air brake locks protect idling trucks from theft by completely encasing the air valves. Because this lock is not a permanent attachment, it can be re-used from one cab to another.

The WAR-LOK(TM) internal locking core is designed with a flat-keyed locking system. Each component of this high security disc type cylinder has been designed to withstand the harsh environments of the transportation industry. All components are made of chrome plated hardened steel, brass or stainless steel. The WAR-LOK(TM) is pick resistant, drill resistant and key duplication is virtually impossible.

The WAR-LOK(TM) TAB-30 has a similar design concept as the WAR-LOK(TM) TAB-10 but comes standard with a reset-able lock combination core. The WAR-LOK(TM) TAB-10 and TAB-30 retail for $79.50 each.

"We are now seeing leaders in the trucking industry become more proactive and purchase quality security products to protect their drivers and assets. The WAR-LOK(TM) security line is the answer to help reduce opportunistic theft, a daily threat to the transportation supply chain", said Keith Feilmeier, president and CEO of Gabriel Technologies Corp.

Crete Carrier Corporation along with its operating division Shaffer Trucking and wholly owned subsidiary Hunt Transportation, Inc, is one of the largest privately owned trucking companies in the country, offering a full range of transportation services to its customers. Collectively, the group operates 5,348 power units and over 12,435 trailers, serving customers throughout the United States, Canada and Mexico. The companies rank as one of the 20 largest trucking groups in the country, finishing 2003 with $745 million of gross revenue.

Covenant Transport, Inc. (NASDAQ:CVTI) is a public truckload carrier that offers just-in-time service and other premium transportation services for customers throughout the United States. Covenant operates one of the ten largest fleets in North America with 3,800 conventional tractors, 7,000 trailers and 800 temperature controlled vans. Covenant features just-in-time and other premium transportation services, focusing on longer lengths of haul and selected traffic lanes to enhance equipment utilization, improve operating efficiency and provide the equipment availability demanded by major shippers. The company's primary customers include manufacturers, retailers and other transportation companies.

About Gabriel Technologies Corporation

Through our wholly-owned subsidiary Gabriel Technologies, LLC of Omaha, Neb, (www.gabrieltechnologies.com) we develop, manufacture and sell a series of physical locking systems for the transportation and shipping industries collectively known as the WAR-LOK(TM) Security System. Security has evolved substantially in recent years due to increased risks from theft and terrorism. With the implementation of the award-winning WAR-LOK(TM), 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. Gabriel Technologies Corp is also the parent company of the next generation assisted GPS company, Trace Technologies, LLC, www.trace-tech.net.

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 "goal," "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 news release.

COPYRIGHT 2005 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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