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PWLK Powerlock International Corporation (CE)

0.000001
0.00 (0.00%)
07 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Powerlock International Corporation (CE) USOTC:PWLK OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.000001 0.00 01:00:00

The Power Lock(R) Proves Its Value on Heavy Equipment as Well

13/06/2007 7:46pm

Business Wire


Powerlock (CE) (USOTC:PWLK)
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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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