March 23,
2008
Contact
Investor Relations
Michael
Pellegrino 732-751-1115
ALLIED SECURITY INNOVATIONS BEATS SALES
PROJECTIONS
WALL
TOWNSHIP, NJ – Allied
Security Innovations (OTCBB “ASVN”) and CGM-AST, Allied’s wholly owned
subsidiary, announce sales for the period through February are 29% over the same
period last year.
“Our
product line is stronger than it has ever been”, stated Anthony Shupin, CEO.
“Our plan is to expand our customer base, and up-sell our unique tamper-evident
products to our present clients.
The new products
we have added are easy to up sell and complement our existing products. They
expand security factors on container doors, pallets, cartons and crates. In
fact, they compliment our entire line. We believe our products to be the best
and most comprehensive, affordable, terrorist/theft deterrents on the market
today. Our sales increase is confirming their effectiveness.”
Allied Security
Innovations, Inc., and its CGM-AST subsidiary design, manufacture and distribute
products to secure unattended assets, and provide authentication and
identification techniques throughout the supply chain. A recognized leader in
Tamper Evident Security devices, CGM-AST produces SECURE T.R.A.C.® pressure
sensitive labels and tapes, ToppClip ® pallet security systems and has just
announced Stretch Wrap Secure©, Crate Secure© and Secure Perf©, innovative new
products for use on stretch film, packaging crates and recycled cardboard
packaging.
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.
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.