Business
Public Statement - May 5, 2011
Public Statement - May 5, 2011.
About this update from Allied Security Innovations Inc
[{"type":"text","content":"FARMINGDALE, NJ – MAY 5, 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 “strong dose of salt”. ASII, DDSI and its subsidiary, CGM-AST, continues 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 materia...