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FARMINGDALE, NJ – APRIL 22, 2011 - On April 19, 2011, Allied Security Innovations, Inc., (ASII) requested Judge Stanton of the Federal District Court for the Southern District of New York, to voluntarily withdraw its suit against CGM Security Solutions, Inc. (CGM-SS).  The Court granted the request.  The case was dismissed and the court ruled that CGM-SS was free to pursue the contractual obligations defining default in an agreement with Investors in ASII.  The Court also ruled that some components of ASII’s claims against CGM-SS may be invoked in subsequent proceedings.

The Purchase Agreement and the Investors Agreement define the process in the default, and ASII will continue to protect its shareholders, customers and investors according to the agreements and as ordered by the court.

The Allied subsidiary, CGM-AST, along with its manufacturing facility remains fully operational, along with all other corporate functions.

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.