Office (904) 794-1111
Support (
866) 264 1735

CompanyLogo

Skip Navigation LinksHome : News : Press Release 6/25/2008  

PRESS RELEASE

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.