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Published in Stocks and Investing on Thursday, February 5th 2009 at 7:14 GMT, Last Modified on 2009-02-05 07:15:34 by Market Wire🞛 This publication is a summary or evaluation of another publication
FARMINGDALE, N.J.--([ BUSINESS WIRE ])--Allied Security Innovations (OTCBB:ASVN) and CGM-AST, Allied's wholly owned subsidiary, announce new enhancements to Secure T.R.A.C.®, the best selling tamper-evident tape and label product line.
Sales for the product continue to be over $2,000,000 per year and demand remains strong for products that the company has introduced to the world. "Secure T.R.A.C. security tapes are the best products selling for our CGM-AST subsidiary," stated Anthony Shupin, CEO. "We continue to improve our process, ensuring that our security tapes remain number one in the industry. Staying ahead of the security game is our major concern."
Secure T.R.A.C.® (Tamper Resistant Adhesive Closure) is a uniquely designed series of customizable tapes which are used to seal packages and containers, providing visible indication if there has been tampering with the internal contents. Thieves and terrorists seeking to pilfer or possibly insert explosives or drugs into cartons are more likely not to target packages sealed with tamper evident tapes and labels.
For more information on the continuous improvements to security designs, please contact Mr. Bob Frucci, Director for CGM-AST North America at [ bfrucci@cgm-ast.com ] or Ms. Gina Levinson, Director for CGM-AST International at [ glevinson@cgm-ast.com ]. The office phone is +732-751-1044.
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©, an innovative new product for use on stretch film.
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.