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PRESS RELEASE CONTACT: Stephen D. Reid 609-514-2600 November 27, 2007 SReid@cpanj.com CGM-ASI Tape, Label Sales Increase Related to Homeland Security CGM Applied Security Innovations, Inc., a wholly owned subsidiary of Allied Security Innovations, Inc. (“ASI”) (OTC Bulletin Board: ASVN) continues its trend as a leader in the development and distribution of Homeland Security products and materials, seeing a significant increase in the sale of its signature security tapes and labels over the past year. Sales of these products alone have increased by about $300,000 in 2006 to $500,000 so far this year, indicating the transportation industry’s ongoing awareness and concern for increased security, as well as the industry’s confidence in CGM/ASI products. “We are pleased to see an increase in business in this critical area of our security infrastructure. Our growth, year to year is over 150%. This is an indication that our products continue to be recognized for delivering value and cost effectiveness,” said ASI CEO Anthony Shupin. About Allied Security Innovations, Inc. The company, based in Wall, 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 Wall, 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. |
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