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Allied Security Innovations, Inc.
Allied Security Innovations, Inc. ASVN Second Quarter Reports Income up 320%
September 5th, 2008
Allied Security Innovations, Inc. (OTCBB: ASVN) - an industry leader in the development of Homeland Security and other commercial security related products - announced results for the second quarter 2008. Sales for the quarter grew 9% to $1,134,954 compared to the same period in 2007, an increase of $ 97,477. Gross profit over the period increased 9% to $768,528. Income, for the quarter increased 320% or $68,556 compared to a loss of $36,301 for the second quarter of 2007. "We continue to execute our plan to steadily improve the company and increase market penetration," states Anthony Shupin, CEO of ASI. "We have added to our sales force, increased...
Source: Health Business Week (2008-09-05)
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