Powerlock International Corp. Named Stock Pick of the Week on DragonTrader.net
July 26 2006 - 3:29PM
Business Wire
Powerlock International Corp. (Pink Sheets: PWLK) is pleased to
announce that www.DragonTrader.net has chosen Powerlock for the
prestigious Stock Pick of the Week. Recently Powerlock announced
that the star of A&E Network's highest rated show, "Dog the
Bounty Hunter," is the new spokesperson for its Wheel Safe product
line. Rick Fass, president of Powerlock International Corp.,
stated, "We signed Dog the Bounty Hunter and shot a 30-second video
news release. This probably had something to do with our being
selected. Sales and brand awareness should skyrocket with our
upcoming advertising campaign bolstered by Dog's popularity."
Powerlock International Corp. (www.powerlock.com) specializes in
vehicle anti-theft devices that cannot be bypassed by electrical
means (hot-wiring) or removed. They are installed on the vehicle's
starter to render it immobile in the event of a theft attempt and
are guaranteed to work. The Wheel Safe(R) Electronic Security Alarm
System is the world's first wireless anti-theft device for a
vehicle's wheels and tires. Each wheel has a wireless electronic
sensor mounted on it. This sensor is similar to a traditional wheel
balance weight. The actual device is mounted underneath the
vehicle's dashboard. If any wheel is removed from its hub, or
tampered with, an integrated siren will sound at a noise level of
125 decibels which can barely be tolerated by the human ear. Wheel
Safe(R) may also be integrated to alert the owner via text message
on the owner's cell phone in real time. The Anti-Theft Device
Problem Powerlock is Solving Nine out of 10 cars are hot-wired and
driven away. Mechanical devices such as steering wheel bars and
pedal locks are only a minor inconvenience for the professional.
Car alarms can be "hot-wired." The professional thief simply cuts
or jumps the alarm wires and the vehicle is gone. Tracking devices
that are used by police to locate stolen cars do not stop the
vehicle from being hot-wired, and then driven away for dismantling.
Statements in this press release that are not statements of
historical or current fact constitute "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act
of 1995. Such forward-looking statements involve known and unknown
risks, uncertainties and other unknown factors that could cause the
actual results of the company to be materially different from the
historical results or from any future results expressed or implied
by such forward-looking statements. In addition to statements which
explicitly describe such risks and uncertainties, readers are urged
to consider statements labeled with the terms "believes," "belief,"
"expects," "intends," "anticipates," "will," or "plans" to be
uncertain and forward looking. The forward-looking statements
contained herein are also subject generally to other risks and
uncertainties that are described from time to time in the company's
reports and registration statements filed with the Securities and
Exchange Commission.
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