Allied Security Innovations Inc (ADSV)

[Blackcat7717]

Chucky
I see a new post from ADSV on there website: M Pellagrino said
the date May 5, was incorret it should be 7/27/2011.

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Home : News : ASII Public Statement
Press Release
ASII PUBLIC STATEMENT

FARMINGDALE, NJ – July 27, 2011 – Allied Security Innovations, Inc. (ASII). It has come to the attention of ASII that misleading and false information concerning the status of ASII and its wholly owned subsidiary CGM-Applied Security Technologies (CGM-AST) has been published on websites and that a number of its vendors, customers and investors have been contacted directly by person or persons who have been spreading this information. The Company strongly suggests that anyone reading or being contacted take what is being said about the Company with a “grain of salt”.

ASII, DDSI and its subsidiary, CGM-AST, continue to operate the company in a “business as usual” manner. Customer orders are being fulfilled along with all corporate and fiduciary responsibilities.

The Company strongly suggests that anyone requiring additional information contact Michael Pellegrino, Senior Vice President and CFO at the Company’s Headquarters.

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 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.
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