June 25, 2008
Contact Investor Relations
Michael Pellegrino 732-751-1115
NEW TECHNOLOGY FROM ALLIED SECURITY INNOVATIONS
WALL
TOWNSHIP, NJ –
Allied Security Innovations (OTCBB “ASVN”) has brought 21st century
security products to its clientele. Now, Allied’s wholly owned subsidiary, ASG-CGM,
brings new technology, Stretch Wrap Secure™ to its worldwide clients to
satisfy their growing need to quickly identify, and provide tamper evidence for
stretch wrapped pallets.
According to
CEO Anthony Shupin, the use of stretch wrap is universal. The market for
Stretch Wrap Secure™ is worth many millions and 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.
“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 Anthony Shupin. “We estimate that 35 million pallets
are flowing through US Cross Docking and Distribution Centers per year. The
benefits to the manufacturers and shippers from a liability and productivity
perspective are immediate. In light of HR-1, which requires 100% inspection of
goods shipped as Air Cargo on commercial aircraft, this 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 this new product represents 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.
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.