Drucker's Acquisition of CPAL.Business Editors/High-Tech Writers VANCOUVER, British Columbia--(BUSINESS WIRE)--Jan. 7, 2003 The Board of Directors of Drucker Inc. (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. :DKIN) ("Drucker" or the "Company") is pleased to announce that the Company has signed an agreement to acquire up to 100% of shares of Crime Prevention Analysis Lab Inc.(CPAL CPAL Canadian Pacific Air Lines ) subject to a minimum of 60% of the shares being tendered and to Board approval. CPAL is a private software company involved in crime prevention. Drucker will initially issue a convertible debenture Convertible Debenture Any type of debenture that can be converted into some other security. Notes: For example, a convertible bond can be converted into stock. . The debenture is not convertible for 90 days but thereafter convertible up to 30.75 million shares. CPAL has recently installed its system in Bloomington MN and Burnaby British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography Police Department. Several police and fire departments in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. including Vancouver British Columbia and Seattle WA have significant interest in CPAL software. CPAL has developed software for crime analysis and mapping solutions to meet the demand in the law enforcement agencies A law enforcement agency (LEA) is a term used to describe any agency which enforces the law. This may be a local or state police, federal agencies such as the Federal Bureau of Investigation (FBI) or the Drug Enforcement Administration (DEA). . It is designed to allow law enforcement the capacity to exchange information among different branches. The crime analysis software are based on the research of world leading Criminologists, Professors Paul and Patricia Brantingham at Simon Fraser University Simon Fraser University, main campus at Burnaby, British Columbia, Canada; provincially supported; coeducational; chartered 1963, opened 1965. The Harbour Centre campus in downtown Vancouver opened in 1989. , Vancouver, British Columbia, Canada. From their basic theories that "crime is not random" and that "criminals typically operate within familiar environment," CPAL has developed proprietary CrimePoint(TM) software. The software deal with a range of police activities from the basic operations for burglary, auto theft, fire and arson to the advanced operations for sexual assault, violent crimes, terrorism, robbery, gangs and organized crimes. One of the main design features of CrimePoint software is its universal application for law enforcement agencies whether they are small counties or sophisticated municipalities. A market survey has shown that in the US alone, there are over 19,000 police departments and 25 federal agencies. Each of these departments and agencies could use the CrimePoint software. Also, the CrimePoint software makes extensive use of mapping capabilities licensed by Microsoft. The geographic information about crimes and suspects is dynamically displayed as it is retrieved from the database. This will enable the user to interact directly with information displayed on the map. The entire system is designed to be very user friendly though it embodies sophisticated crime analysis techniques. The Company through its acquisition of CPAL intends to become a contender in the industry for crime analysis and wishes to be recognized for the delivery of secure crime pattern analysis software, enabling law enforcement, public safety, financial and government agencies worldwide to more efficiently profile and track crime and its perpetrators. Any forward-looking statement forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. in this press release is made pursuant to the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Investors are cautioned that actual results may differ substantially from such forward-looking statements. Forward-looking statements involve risks and uncertainties including, but not limited to, economical and political factors. Drucker disclaims any obligation to update any such factors or to publicly announce results of any revision to the forward-looking statements contained herein to reflect future events or developments. ON BEHALF OF THE BOARD OF DIRECTORS Gerry Runolfson, President |
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