To: Jenna who wrote (5153 ) 2/4/1998 10:30:00 AM From: John J H Kim Read Replies (1) | Respond to of 120523
LOCK still going strong. CEO testifying in NYC today. Tuesday February 3, 8:42 am Eastern Time Company Press Release Saf-T-Lok CEO Called to Testify Before New York City's Committee on Public Safety About Possible Gun Safety Lock Mandate TEQUESTA, Fla.--(BUSINESS WIRE)--Feb. 3, 1998--President and CEO of Saf-T-Lock (NASDAQ:LOCK - news) John Gardner, will testify tomorrow before the New York City Council's Committee on Public Safety at a hearing to determine whether the council will mandate safety locking devices on all handguns sold under their jurisdiction. The legislation, if enacted, would affect an estimated 7.5 million citizens. The legislation to be discussed will call for a prohibition on the future sale of handguns without a safety locking device that precludes firing from an unauthorized user. Gardner is expected to give approximately 10 minutes of testimony and then field questions from council members and attendees. Other speakers include representatives from the New York Police Department, the National Rifle Association, Parents of Murdered Children and other family members of handgun tragedy victims. The hearing is also expected to draw heavy media coverage. Saf-T-Lok's unique attributes will be discussed in depth at the Council's request at the hearing. Gardner is expected to demonstrate the use of the company's patented grip and magazine lock. Both devices are the only gun safety products that can be used on loaded weapons yet allow an authorized user access in less than 1-2 seconds. Saf-T-Lok's coded, touch oriented design also allows its authorized user access even in the dark. Saf-T-Lok has been endorsed by the Fraternal Order of Police, The Safe and Vault Technicians Association and the Associated Locksmiths of America. The device has also been tested exhaustively, being unlocked and locked through 36,525 cycles without failure or sign of wear. This represents a once a day use for 100 years. A firing test was also completed with a weapon affixed with a Saf-T-Lok grip lock being fired 5,000 times without failure. Contact: Saf-T-Lok, Tequesta Kurt Divich, Public Relations Director 1-888-632-4653