Attached files
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| 8-K - UNIVERSAL SECURITY INSTRUMENTS INC | v181077_8k.htm |
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Exhibit
99.1
Contact: Ron
Lazarus, President
USI
ELECTRIC, INC. Division
UNIVERSAL
SECURITY INSTRUMENT, INC.
Chicago
Office: 866-874-3532, Ext.13
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UNIVERSAL
SECURITY INSTRUMENTS, Inc.
INTRODUCES
REVOLUTIONARY PATENT-PENDING SMOKE ALARM TECHNOLOGY
OWINGS
MILLS, MD. April 19, 2010: Universal Security Instruments, Inc. (NYSE AMEX: UUU)
is unveiling revolutionary new smoke alarm technology at the National Hardware
Show, May 4-6 at the Las Vegas Convention Center.
IoPhic™,
Universal’s breakthrough Smoke Sensing Technology, uses “Advanced Smoke
Recognition” to respond more quickly to smoldering fires than conventional smoke
alarms, while also having superior nuisance alarm resistance.
“This
technology provides up to 40 extra minutes of escape time from smoldering
fires,” according to Ron Lazarus, President, USI ELECTRIC. (The
comparison is versus the maximum limits of the UL Smoldering Test Profile UL217
Figure 45.3.) “Yet, it also recognizes the difference between burning
toast and a burgeoning fire.”
According
to the National Fire Protection Association, nuisance alarms are the leading
cause of disabled smoke alarms. About two-thirds of fire deaths occur
in homes without a functioning smoke alarm, according to
firesafety.gov.
“We
believe this technology will keep more smoke alarms in place, performing their
life saving job,” Lazarus said.
The
National Fire Protection Association has also long recommended both ionization
and photoelectric smoke alarm technologies to be used in the home for optimum
response to both fast flaming and slow smoldering fires. Universal’s
“Iophic™”, technology utilizes a single sensor to achieve optimum protection,
making it more affordable than a dual sensor alarm, and even more affordable
than most competitor’s stand-alone photoelectric alarms.
Universal’s
new smoke alarms include a Patent-Pending microprocessor which provides the
following features:
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Automatic sensitivity
calibration: Sensitivity is auto calibrated during production,
eliminating sensitivity inconsistencies which can potentially cause
nuisance alarms. The majority of our competitors use a manual
process.
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Ambient Condition
Compensation: Automatically adjusts sensitivity with changes in
temperature and humidity, further reducing the potential of nuisance
alarms.
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more –
Corporate
Office: 11407 Cronhill Drive, Suite A, Owings Mills, MD
21117
www.usielectric.com www.universalsecurity.com
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Self Diagnostics:
Performs a status check once a minute providing assurance the alarm
is continuously functioning
properly.
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Smoke Alarm End-of-Service Life
Notification: This is the industry’s first stand-alone
smoke alarm to notify the consumer after the alarm has been in service ten
years. Combination smoke/carbon monoxide devices also provide
the seven year end-of-life signal for the carbon monoxide
alarm.
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This
microprocessor also enables Universal to be the only source for a unique, new
“4 in 1”
alarm. In addition to responding to fast flaming and slow smoldering
fires, the new IoPhic™ product line detects threats from carbon monoxide and
natural gas.
There are
3 products in the Iophic™ product line, and 14 other Universal products which
include the patent-pending microprocessor (M-Series) with one or more of
the features mentioned above. All meet applicable UL Standards and are expected
to ship by August 2010.
Headquartered
in Owings Mills, Maryland, Universal Security Instruments has been manufacturing
smoke and carbon monoxide alarms and other home safety products for more than 40
years. Products are marketed under the Universal Security Instruments
and USI ELECTRIC brands.
Universal
Security Instruments will be at Booth 5212. These new alarms are on
display in the new product showcase area.
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"Safe
Harbor” Statement under the Private Securities Litigation Reform Act of 1995:
Certain matters discussed in this news release may constitute forward-looking
statements within the meaning of the federal securities laws that inherently
include certain risks and uncertainties. Actual results could differ
materially from those projected in or contemplated by the forward-looking
statements due to a number of factors, including, among other items, our and our
Hong Kong Joint Venture's respective ability to maintain operating
profitability, currency fluctuations, the impact of current and future laws and
governmental regulations affecting us and our Hong Kong Joint Venture and other
factors which may be identified from time to time in our Securities and Exchange
Commission filings and other public announcements. We do not undertake and
specifically disclaim any obligation to update any forward-looking statements to
reflect occurrence of anticipated or unanticipated events or circumstances after
the date of such statements. We will revise our outlook from time to time
and frequently will not disclose such revisions publicly.
Corporate
Office: 11407 Cronhill Drive, Suite A, Owings Mills, MD
21117
www.usielectric.com www.universalsecurity.com