For Immediate Release
Contact: Harvey Grossblatt, CEO
Universal Security Instruments, Inc.
410-363-3000, Ext. 224
Don Hunt, Jeff Lambert
Lambert, Edwards & Associates, Inc.
Universal Security Instruments Posts Record Earnings, Significant Increase in Sales For Third Quarter
Earnings Rise 84% on 26% Increase in Sales
OWINGS MILLS, MD, February 13, 2006 - Universal Security Instruments, Inc. (AMEX: UUU) today
announced its third consecutive quarter of record earnings on sharply increased sales for its third quarter ended
December 31, 2005. The Company cited strong sales growth in the U.S. within its core product lines as the
primary impetus during the period.
The Owings Mills, MD-based designer and marketer of safety and security equipment posted net earnings for the
quarter of $1,456,809, or $0.87 per basic share ($0.80 per diluted share), on net sales of $7,353,597 compared
with net earnings of $793,569 or $0.49 per basic share ($0.45 per diluted share), on net sales of $5,849,144.
Included in the results was a net tax benefit of $139,095 for the Company's quarter ended December 31, 2005.
For the nine months ended December 31, 2005, sales rose 23 percent to $21,396,507 versus $17,346,147 for
the same period last year. Nine-month earnings rose 36 percent to $3,509,274 or $2.11 per basic share ($1.93
per diluted share) compared to $2,571,184 or $1.62 per basic share ($1.45 per diluted share) last year.
Included in the results for the nine months ended December 31, 2005 was a net tax benefit of $326,523.
Universal said that sales of smoke and carbon monoxide alarms, the company's core product lines, continued to
rise in both the electrical distribution and retail markets. The Company's newest carbon monoxide alarms and
combination smoke and carbon monoxide alarms, introduced last spring, performed particularly well.
"It was a very solid quarter, particularly on the domestic sales front. Wholesale and retail markets alike continue
to recognize and reward our fun