Allied Security InnovationsFinancial Filing Shows Sales Increase

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Mon Apr 20, 2009 8:00am EDT

FARMINGDALE, N.J.--(Business Wire)--
Allied Security Innovations, Inc. ("ASVN") (OTCBB:ASVN), manufacturers of
security products, announced that it has filed form 10K with the Securities and
Exchange Commission. The financial information underscores the continued sales
growth of the company as it brings new security products to market even during
tough economic times. The reported sales increase of $470,993 on sales of
$4,838,934 for the year was partially due to an increased sales force and the
introduction of new products. 

"Our costs of doing business in 2008 rose dramatically by over 65% due to the
rise in fuel costs which resulted in higher material costs for which the company
could not re- coup and a write down on obsolete inventory", said Tony Shupin,
CEO. "These one-time increases should not recur in 2009". 

`We believe that our products are the best in the industry and that we have
little competition in a growing industry. During the year, we have put personnel
and controls in place that will enable us to continue to grow, even in this
tough economy". 

About Allied Security Innovations Inc.

Allied Security Innovations, Inc, (ASI) provides homeland security products and
proprietary criminal justice software to over 3,000 clients worldwide. It is
composed of the original DDSI Company, a public company since 1995, and its
wholly owned subsidiary, CGM-Applied Security Technologies, Inc., (established
in 1978). With manufacturing in Staten Island, NY, ASI 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. 

Allied Security Innovations. Inc. is a fully reporting company whose stock
trades on the Pink Sheets under the symbol "ASVN". For information contact
Investor Relations 1-800-899-2246 or www.cgm-ast.com. 

This Press Release contains or incorporates by reference "forward looking
statements including certain information with respect to plans and strategies of
Allied Security Innovations, Inc. For this purpose, any statements contained
herein or incorporated herein by references that are not statements of
historical fact may be deemed forward looking statements. Without limiting the
foregoing, the words "believes", "suggests", "anticipates", "plans", "expects",
and similar expressions are intended to identify forward looking statements.
There are a number of events or actual results of Allied Security Innovations,
Inc. operations that could differ materially from those indicated by such
forward looking statements. 



For Allied Security Innovations, Inc.
Mr. Anthony R. Shupin, 732-751-1115
tshupin@cgm-ast.com
www.cgm-ast.com

Copyright Business Wire 2009

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