Message #5 From:
NewsBot Date: March 30, 2005 11:46:01 AM
GWLK Gabriel Technologies Corp. Acquires TRSC, Ltd. for Security and Safety Consulting Services; Services Available to Rail, Trucking and Intermodal Shippers
Gabriel Technologies Corp. Acquires TRSC, Ltd. for Security and Safety Consulting Services; Services Available to Rail, Trucking and Intermodal Shippers
OMAHA, Neb.
Gabriel Technologies Inc., Omaha
Dan Chicoine, 402-614-0258
dchicoine@gabrieltechnologies.com
Gabriel Technologies Corp. (OTCBB:GWLK), founders of the WAR-LOK(TM) 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(TM) 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(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. For more information, visit www.gabrieltechnologies.com.
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.
