March 16,
2009
Contact
Investor Relations
Michael
Pellegrino
732-751-1115
PALLET SECURITY A BIG WINNER FOR ALLIED
SECURITY
Farmingdale,
NJ –
Allied Security Innovations (OTCBB “ASVN”) and its wholly owned subsidiary,
CGM-AST, report that their combined products, ToppClip™ and Stretch
Wrap Secure™ are among their fastest growing product lines. “There are
millions of pallets estimated to be in transit during the course of any year,”
explains Anthony Shupin, CEO. “We have responded to the needs of our clients to
protect and secure the goods shipped in this popular manner. Our products focus
on providing security and identification by using tamper-evident techniques to
deter thieves and potential terrorists from pilfering or inserting destructive
contraband such as drugs or weapons.”
“The CGM-AST
ToppClip™ has been our best selling security device for pallets,” states
Robert Kweller, President of TOTALPACK, Inc., a Miami based provider of goods
and services to the shipping industry. “Our clients who ship high valued
electronics secure their banded pallets with it. We are very excited about the
demand for Stretch Wrap Secure™ for those pallets that are not banded.”
The US
Transportation Safety Administration’s requirements for 100% cargo inspection of
all cargo shipped via commercial airlines has also created a high degree of
interest for these products. The benefits of having un-tampered products will
enable quicker inspection, causing less delay in transit time.
The market
for Stretch Wrap Secure™ is estimated to be worth many millions. Until
now, there has been no consistent capability on the market to utilize
tamper-evident tapes or labels due to the chemical characteristics of the
stretch wrap. “Stretch Wrap Secure™” has not failed to indicate tamper evidence
on every stretch wrap tested.
The
ToppClip™ pallet protection system has proved to be very effective in
thwarting thieves from pilfering goods shipped on banded pallets. Hundreds of
thousands have been used and demand is increasing.
“Stretch
Wrap Secure ™ requires no tools for application, can be customized to
provide quick identification of products and whether they have been tampered
with or pilfered and is the most cost-effective method for securing palletized
cargo that we know of”, states Bob Frucci, Director for North America at
CGM-AST. “The manufacturers and shippers benefit from a liability and
productivity standpoint. And the product can be instrumental in reduced
inspections, less transit delays and enhanced security.”
CGM-AST
remains the global leader in Tamper-evident security products. Company
officials estimate these products represent a multi-million dollar opportunity.
For more
information on how Stretch Wrap Secure may be incorporated into tamper evident
security systems, contact Bob Frucci, CGM-AST Director for North America at
800-899-2246 or International please contact Gina Levinson +732.751-1044.
About Allied Security Innovations, Inc.
The company, based in Farmingdale, NJ, develops and markets integrated
enterprise-wide image
applications specifically designed for criminal justice
organizations. Customers include states, cities, counties, corrections, justice,
and public safety agencies. Additional information is available online, at
www.ddsi-cpc.com.
Its subsidiary, CGM Applied Security Technologies,
Inc., with locations in Farmingdale, NJ and a factory in Staten Island,
NY, is a leading manufacturer and distributor of Homeland Security products,
including indicative and barrier security seals, security tapes and related
packaging security systems, protective security products for palletized cargo,
physical security systems for tractors, trailers and containers, as well as a
number of highly specialized authentication products. Additional information is
available online, at
www.cgm-ast.com.
About TOTALPACK, Inc.
Established in
1986,
TotalPack,
Inc. is a packaging, shipping and air cargo supply company
dedicated to provide the widest variety of products available today to our
clients, ranging from small businesses to large corporations in the Air Cargo,
Shipping, Packing, Freight Forwarders and all businesses alike. It is
located in Miami, Florida and operates 24 hours per day, 7 days a week.
Additional
information is available at www.totalpack.com.
Safe Harbor Statement:
Safe Harbor Statement Under the
Private Securities Litigation Act of 1995 - With the exception of historical
information, the matters discussed in this press release are forward-looking
statements that involve a number of risks and uncertainties. The actual future
results of the Company could differ significantly from those statements. Factors
that could cause actual results to differ materially include risks and
uncertainties such as the inability to finance the company’s operations or
expansion, inability to hire and retain qualified personnel, changes in the
general economic climate, including rising interest rate and unanticipated
events such as terrorist activities. In some cases, you can identify
forward-looking statements by terminology such as "may," "will," "should,"
"expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" or
"continue," the negative of such terms, or other comparable terminology. These
statements are only predictions. Although we believe that the expectations
reflected in the forward-looking statements are reasonable, such statements
should not be regarded as a representation by the Company, or any other person,
that such forward-looking statements will be achieved. We undertake no duty to
update any of the forward-looking statements, whether as a result of new
information, future events or otherwise. In light of the foregoing, readers are
cautioned not to place undue reliance on such forward-looking statements. For
further risk factors associated with our Company, review our SEC filings.