Exhibit 99.1

[USI Logo]                                                 For Immediate Release

                                           Contact: Harvey Grossblatt, President
                                            Universal Security Instruments, Inc.
                                                          410-363-3000, Ext. 224
                                                                              or
                                                          Don Hunt, Jeff Lambert
                                             Lambert, Edwards & Associates, Inc.
                                                                    616-233-0500

    Universal Security Instruments Reports Record Earnings for Second Quarter
                    Sales Increase 8%; Net Earnings Rise 11%

OWINGS MILLS, MD, November 14, 2005: Universal Security Instruments, Inc. (AMEX:
UUU) today  announced its highest  quarterly  earnings in the company's  36-year
history for its fiscal second quarter ended September 30, 2005.

The Company  reported its net sales rose 8% to $7,119,100 in the second  quarter
of fiscal  2006,  compared to net sales of  $6,622,221  for the same period last
year. Net earnings were $1,162,695,  or $0.69 per basic share ($0.64 per diluted
share)  compared  to  $1,043,836,  or $0.66 per basic  share  ($0.59 per diluted
share) for the  comparable  period last year.  Included in the results was a net
tax benefit of $100,000 for the Company's quarter ended September 30, 2005.

For the six months  ended  September  30,  2005,  sales rose 22% to  $14,042,910
versus  $11,497,003  for the same period last year.  The  Company  reported  net
earnings  of  $2,052,465,  or $1.23 per basic share  ($1.13 per  diluted  share)
compared to net  earnings  of  $1,777,615,  or $1.13 per basic share  ($1.01 per
diluted  share) last year.  Included  in the  results  for the six months  ended
September 30, 2005 was a net tax benefit of $187,428.

"We  continue to grow our top and bottom  lines by gaining  market share for our
core smoke and carbon  monoxide  alarm  products  while  improving  our domestic
operational  results.  Overall,  we continue  to execute  our  strategy to build
market share in a  quality-focused  manner and I believe we are  well-positioned
heading into the second half of our fiscal year," said Harvey Grossblatt,  chief
executive officer of Universal.

Universal's Hong Kong  manufacturing  joint venture will begin production in its
new state-of-the-art  250,000-square-foot  manufacturing  facility in the Fujian
province of Southern China this month in response to anticipated growth.

"Our Hong Kong operation  continued to perform well,  though their  contribution
for the  period  was  reduced  by  capacity  and  labor  constraints  and we are
confident  their  added  manufacturing  space will help drive  future  sales and
earnings," Grossblatt said.

UNIVERSAL SECURITY INSTRUMENTS,  INC. is a U.S.-based  manufacturer (through its
Hong Kong Joint Venture) and distributor of safety and security devices. Founded
in 1969,  the  Company  has a 36-year  heritage  of  developing  innovative  and
easy-to-install products,  including smoke, fire and carbon monoxide alarms. For
more  information  on  Universal  Security  Instruments,  visit our  website  at
www.universalsecurity.com.

                                    * more *

            7-A GWYNNS MILL COURT o OWINGS MILLS, MARYLAND 21117, USA
                   (410) 363-3000 o www.universalsecurity.com

<PAGE>

Universal/Page 2

                      UNIVERSAL SECURITY INSTRUMENTS, INC.
                        CONSOLIDATED STATEMENT OF INCOME

<TABLE>
<CAPTION>
                                                                                            (UNAUDITED)
                                                                                        Three Months Ended
                                                                                           September 30,
                                                                                   ---------------------------
                                                                                        2005           2004
                                                                                   ------------   ------------
<S>                                                                                <C>            <C>
Sales                                                                              $  7,119,100   $  6,622,221
Net income*                                                                           1,162,695      1,043,836
Income per share
  Basic                                                                                    0.69           0.66
  Diluted                                                                                  0.64           0.59
Weighted average number of common shares outstanding
  Basic                                                                               1,673,498      1,580,149
  Diluted                                                                             1,824,937      1,757,998

                                                                                            (UNAUDITED)
                                                                                         Six Months Ended
                                                                                           September 30,
                                                                                   ---------------------------
                                                                                       2005           2004
                                                                                   ------------   ------------
Sales                                                                              $ 14,042,910   $ 11,497,003
Net income*                                                                           2,052,465      1,777,615
Income per share
  Basic                                                                            $       1.23   $       1.13
  Diluted                                                                          $       1.13   $       1.01
Weighted average number of common shares outstanding
  Basic                                                                               1,663,318      1,572,558
  Diluted                                                                             1,817,759      1,761,141
</TABLE>


Net tax benefit of $100,000  was recorded for the quarter  ended  September  30,
2005 and  $187,428 for the six months ended  September  30, 2005,  respectively.
This tax benefit is due to a reduction  in the  valuation  allowance  previously
established  associated  with our  deferred  tax assets.  Due to the tax benefit
carryforward of prior years' operating losses, no tax liability was incurred for
the quarter and six months ended September 30, 2005.

                           CONSOLIDATED BALANCE SHEET
<TABLE>
<CAPTION>
                                         ASSETS                                           September 30,
                                                                                   ---------------------------
                                                                                       2005           2004
                                                                                   ------------   ------------
<S>                                                                                <C>            <C>
Cash                                                                               $    131,833   $     80,602
Accounts receivable and amount due from factor                                        5,996,411      4,595,203
Inventory                                                                             3,963,827      2,928,642
Prepaid expenses                                                                        286,798        313,528
                                                                                   ------------   ------------
TOTAL CURRENT ASSETS                                                                 10,378,869      7,917,975

INVESTMENT IN HONG KONG JOINT VENTURE                                                 6,869,364      5,544,627

PROPERTY AND EQUIPMENT - NET                                                             71,882         82,969
OTHER ASSETS AND DEFERRED TAX ASSET                                                     567,266         72,385
                                                                                   ------------   ------------
TOTAL ASSETS                                                                       $ 17,887,381   $ 13,617,956
                                                                                   ============   ============

                          LIABILITIES AND SHAREHOLDERS' EQUITY

Accounts payable and accrued expenses                                              $  1,819,248   $  1,860,574
Accrued liabilities                                                                   1,071,683        722,903
Current obligations under capital lease                                                      --          2,750
                                                                                   ------------   ------------
TOTAL CURRENT LIABILITIES                                                             2,890,931      2,586,227
                                                                                   ------------   ------------
LONG TERM DEBT
SHAREHOLDERS' EQUITY
Common stock, $.01 par value per share; authorized 20,000,000 shares; issued and
  outstanding  1,673,498 and 1,580,729  shares at September 30, 2005 and
  September 30, 2004, respectively                                                       16,735         15,809
Additional paid-in capital                                                           11,515,556     11,244,465
Retained earnings (accumulated deficit)                                               3,464,159       (228,545)
                                                                                   ------------   ------------
TOTAL SHAREHOLDERS' EQUITY                                                           14,996,450     11,031,729
                                                                                   ------------   ------------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY                                         $ 17,887,381   $ 13,617,956
                                                                                   ============   ============
</TABLE>

All shares have been  adjusted to reflect  the  4-for-3  stock split  payable on
April 5, 2004.

Statements  contained in this press  release that are not  historical  facts are
forward-looking  statements  as that term is defined in the  Private  Securities
Litigation Reform Act of 1995.  Although  UNIVERSAL SECURITY  INSTRUMENTS,  INC.
believes that the expectations reflected in such forward-looking  statements are
reasonable;   the   forward-looking   statements   are   subject  to  risks  and
uncertainties  that could cause actual results to differ  materially  from those
projections.