Allied Security Innovations Seeing Rebound in 2010
29 April 2010 - 11:43PM
Marketwired
Allied Security Innovations (OTCBB: ADSV) owner of CGM-AST, a
leading manufacturer of tamper-evident security products, is
experiencing a strong order surge in 2010.
"The market demand for our supply chain security products seems
to be rebounding after last year's low levels," states Anthony
Shupin, CEO. "2009 was dismal. However, we are seeing what the
National Retail Federation predicted. They expected to see three
straight months of gains in early 2010, ending more than two years
of declines, according to the monthly Port Tracker report released
by the National Retail Federation (NRF) and IHS Global Insight.
Container traffic is a good indicator of our business since we
secure what is in the container as well as the containers
themselves.
"With the increased demand for our anti-theft and
counter-terrorism tamper-evident products, we are also seeing many
more companies flooding the market with products that claim to be
tamper-evident or security products. The fact that we have retained
our client base... even expanded it... is a testimony to the design
of our products. Our tapes, labels, pallet protection and container
protection products are truly designed to be the best closure
security devices on the market today."
Allied Security Innovations, Inc., and its CGM-AST subsidiary
design, manufacture and distribute products to secure unattended
assets, and provide authentication and identification techniques
throughout the supply chain. A recognized leader in Tamper Evident
Security devices, CGM-AST produces SECURE T.R.A.C.® pressure
sensitive labels and tapes, ToppClip® pallet security systems and
has just announced Stretch Wrap Secure©, Crate Secure© and Carton
Secure©, innovative new products for use on stretch film, packaging
crates and recycled cardboard packaging.
For more information on how Allied Security Innovations
tamper-evident products may be incorporated into security systems,
call 800-899-2246 or International please contact Gina Uzzolino
+732-751-1044.
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.
Contact Investor Relations Michael Pellegrino
732-751-1115
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