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Press Release

Federal Court Delays Transition

Further Discovery Warranted

 FARMINGDALE, NJ – MARCH 14, 2011 - On February 24, 2011, Allied Security Innovations, Inc., (ASII) obtained approval from Judge Stanton of the Federal District Court for the Southern District of New York, to present its allegations that CGM Security Solutions, Inc. (CGM-SS), has tortuously interfered with the business activities of ASII by contacting ASII’s customers, vendors and investors, providing inaccurate financial information.  ASII believes that such actions were undertaken by CGM-SS as part of its efforts to ensure a default of obligations to CGM-SS, thereby triggering default provisions, including, a reversion of the Allied business to CGM-SS.  ASII believes that the evidence presented at trial will prove that CGM-SS intentionally and materially impacted the business and reputation of Allied Security Innovations, Inc. 

 The Court's decision maintains the status quo of operations of Allied Security Innovations and its subsidiary CGM Applied Security Technologies, Inc (CGM-AST) and suspends the declaration of a default.

 “CGM-AST will continue making our security devices and fulfilling customer orders.  There should be no interruption in producing our line of tamper evident tapes and labels, which are necessary to ensure a secure chain of supply to industry, government and consumers.”, states Anthony Shupin, President & CEO.  “We regret that we have had to embattle slanderous and undocumented claims as to our business-worthiness.  It was necessary for us to appeal to juris prudence to properly protect our company, ensure the proper flow of goods and services to our clients, and protect the investment of our shareholders and investors.”

 A hearing is scheduled for April 18th, 2011.

 About Allied Security Innovations, Inc.

The company, based in Farmingdale, NJ, (Symbol: ADSV) 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

 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

 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.