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Press Release


FARMINGDALE, NJ – APRIL 8, 2011 -  Allied Security Innovations, Inc. (ASII) finds it proper and necessary to issue this release to inform its clients, investors and shareholders of its position in light of the article posted in the April 5, 2011 PIPE’s REPORT.

Much of what has been reported is untrue and is misleading in that it does not accurately describe either the historical events or current status.

After several attempts to resolve violations to the acquisition agreements, ASII was compelled to file suit against Mr. Erik Hoffer to protect the Company, its customers and its investors.

ASII contends that Hoffer initiated a concerted effort to impact Company performance to such a pervasive degree as to cause a default of a final balloon payment. We expect to prove in court that Hoffer, along with his co defendant Navatech, joined forces to undermine the reputation of the company by diverting business, unfairly competing and interfering with customer and investor relationships.

Though not the least of the distortions found in the article, is that which is written regarding ASII fulfilling its payments.  ASII has never missed payments to investors as was reported.

At trial ASII will provide evidence of the pervasive efforts of the defendants to damage the company for the express purpose of causing a reversion of the company to its seller.

Mr. Hoffer’s statements to the press are proof of his continuing efforts to damage the company.

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.