On 03/28/2008, Allied Security Innovations, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.

Allied Security Innovations Inc. reported results for the first quarter 2007. Revenues for the quarter grew 13.9% from the same period in 2006, an increase of $120,983. Gross profit over the period rose $134,474, an increase of 23.3%. This increase in revenue is more noteworthy because it comes with a decrease in total operating expenses of 5.7%, or $30,075, despite company´s emphasis on increased quality control, new product development, and improved plant/production facilities. Earnings before interest, taxes and depreciation increased 154% to $60,949, compared to a loss of $112,600 in the first quarter of 2006 adds ASI CFO Michael Pellegrino.

Allied Security Innovations Inc. reported earnings results for the year 2006. Revenues for the year grew 35.7%, an increase of $1,192,902. Gross profit over the period rose $703,309, an increase of 319%.