ROCKVILLE, MD, July 29, 2010 – GateKeeper USA, Inc. (Pink Sheets: GTKP), announced today that it has executed an exclusive agreement with Smart Box Ventures LLC (SBV) wherein SBV will purchase exclusively from GateKeeper USA advanced automated container security devices (CAMS). The CAMS devices will be installed in all of the Basalt Fiber Reinforced Polymer (BFRP) containers manufactured by SBV, thus creating the first commercially viable SmartBox® in the industry.
The result of this joint venture will be the production of BFRP containers that are lighter, stronger, with better insulating qualities, last 5 times longer than conventional steel containers, and are also equipped with the above state-of-the-art CAMS device. The SmartBox® will be available at a price comparable to an unsecured conventional steel corrugated container.
The CAMS devices to be utilized in the SmartBox® will employ proprietary detection and identification technologies, which provide rapid, automatic and specific real-time detection, analysis, identification and quantification of the chemical, biological and radioactive and explosive compounds in all forms, whether in liquid, solid or gaseous states. The CAMS devices will also include Geo-Fencing (internal); Over Air Programming (OAP); Tamper Notification; and, CDMA Assisted – GPS Technology. The CAMS devices will be outfitted with proprietary compression algorithm technology enabling the device to transmit its signal in real time, worldwide, over the strongest available frequency. The CAMS devices are not RFID dependent. As a result, the SmartBox® will clearly meet and exceed all current global maritime security protocols.
About GateKeeper USA, Inc.
GateKeeper USA, located in Rockville, 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 has employed proprietary detection and identification technologies. The technologies to being 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. For more information, visit our website at www.GateKeeperUSAInc.com.
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.