Abstract: A load securing and releasing system for releasably attaching two objects gether, one of the objects preferably being a parachute. The secure and release system having a main load carrying component with a first end portion and a second end portion, a secure/release mechanism for securing the end portions together and for releasing the end portions. The secure/release mechanism being made up of plurality of interlocking members which provide a substantial mechanical advantage to the system. The system further includes a closure member for securing the interlocking members together. A detachment component is operably connected to the closure member for detaching the closure member from the interlocking members. By proper interrelationship of the interconnecting members the objects are secured together until such time when the detachment component is activated and the objects are thereby released.