GAITHERSBURG, MD, February 29, 2008 – GateKeeper USA, Inc. (Pink Sheets: GTKP), announced today that it intends to Raise $10,000,000 in a private placement. The Private Placement will commence immediately, pursuant to Rule 506 of Regulation D of the Securities Act of 1933, as amended. Subscription in the offering will be made available to accredited and institutional investors. The company has stated that the use of funds from the offering will be utilized for automation of production, development, sales and marketing and G & A expenses. Additional information on the offering will be available on the company website www.GateKeeperUSAInc.com
About GateKeeper USA, Inc.
GateKeeper USA, located in Gaithersburg, Maryland, is engaged in the maritime container industry as it relates to container security and protection from potential terrorist attacks. The initial focus of the company is the deployment of a proprietary shipping container security device known as the GateKeeper Container Automated Monitoring System (CAMS). The Company will employ proprietary detection and identification technologies. The technologies to be utilized by the Company provide rapid, automatic and specific real-time analysis, identification and quantification of the chemical, biological and radio active compounds whether in liquid, solid or gaseous states.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and as such, may involve risks and uncertainties. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as “believe,” “expect,” “intend,” “anticipate,” “estimate,” “project,” or similar expressions. These forward-looking statements relate to, among other things, expectations of the business environment in which the Company operates, projections of future performance, potential future performance, perceived opportunities in the market, and statements regarding the Company’s mission and vision. The Company’s actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements due to a wide range of factors.