The Power Lock(R) Proves Its Value on Heavy Equipment as Well
June 13 2007 - 2:46PM
Business Wire
Powerlock International (Pink Sheets: PWLK) is pleased to report
that in addition to vehicle applications, the Power Lock�
anti-theft product works to protect heavy equipment from theft and
unauthorized use as well. In an email to Rick Fass, president of
Powerlock International, Matt Harder of Earthworks & Sprinklers
writes, "On or about May 15, 2007, we had a potential joy rider
attempt to start one of our Case 660 trenchers. The suspect was
able to get the ignition to come on by jamming a screw driver into
the ignition switch. The great news is that the Power Lock
prevented the Case 660 from starting. If the 660 engine started,
the trencher would have landed in a pond. At that point I would
have potential EPA fines anywhere from $50,000 to $100,000. A new
Case 660 trencher is approximately $70,000. I have 6 Case 660s and
each one has the new 'wireless' Power Lock security system
installed. Power Lock saved my machines and the environment." Fass
states, �We at Powerlock are always glad to see our product protect
our customer�s vehicles and in particular, for our heavy equipment
customers, to minimize any disruptions that such attempted thefts
or unauthorized use can have on their business.� Powerlock
International distributes the Power Lock vehicle anti-theft product
(www.powerlock.com), the only product that cannot be circumvented
by �hot wiring� the predominate method of vehicle theft. 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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