PWLK Powerlock International Corporation (CE)

Powerlock International Corp. (Pink Sheets: PWLK) is pleased to announce an agreement with AAMCO National Dealers Association signed early this morning. Mike Ganjei, president of the National Dealers Association for AAMCO Corp. and Powerlock executives agreed to a three-year structured deal to implement Powerlock's anti-theft devices and the Wheel Safe(R) product line into the automotive centers independently owned and operated nationwide by members of the National AAMCO Dealers Association. Powerlock International Corp. (www.powerlock.com) will start distribution in 47 AAMCO stores in the greater Los Angeles area with the intention to expand into additional metropolitan markets, including New York, by the end of 2007. Los Angeles and New York are the two largest car theft markets in the United States. Last week, Powerlock International Corp. secured celebrity Dog The Bounty Hunter, the star of A&E's No. 1 rated reality television show, as spokesperson for Powerlock's anti-theft device and Wheel Safe(R) product line. Dog filmed a 30-second video news release which will begin running in the Los Angeles area within the next few weeks. About Powerlock International Corp. Powerlock International Corp. distributes innovative security products for the automotive market. The Power Lock is the only vehicle anti-theft device that cannot be circumvented by hot-wiring, the method that accounts for almost all vehicle thefts. 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. Wheel Safe(R) may also be integrated to alert the owner via text message on his cell phone in real time. 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.