|  | For      Immediate ReleaseContact:  Harvey      Grossblatt, CEOUniversal      Security Instruments, Inc.410-363-3000,      Ext. 224orDon      Hunt, Jeff LambertLambert,      Edwards & Associates, Inc.616-233-0500 |
|--|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|                                                       |   | Three Months Ended December 31, |      |
|------------------------------------------------------------|--------|-----------------------------------------------------|-----------|
|                                                       |   | 2009                                                |      |   | 2008 |   |
| Sales                                                      |   | $                                                   | 6,321,490 |   |   | $ | 5,595,049 |   |
| Net      income:                                           |   |                                                | 263,490   |   |   |   | 292,513 |   |
| Net income per share –      basic                    |   |                                                | 0.11      |   |   |   | 0.12 |   |
| Net income per share –      diluted                  |   |                                                | 0.11      |   |   |   | 0.12 |   |
| Weighted      average number of common shares outstanding: |   |                                                |      |   |   |   |   |   |
| Basic                                                      |   |                                                | 2,387,887 |   |   |   | 2,467,028 |   |
| Diluted                                                    |   |                                                | 2,395,201 |   |   |   | 2,467,028 |   |

|                                                       |   | Nine Months Ended December 31, |       |
|------------------------------------------------------------|--------|----------------------------------------------------|------------|
|                                                       |   | 2009                                               |       |   | 2008 |   |
| Sales                                                      |   | $                                                  | 20,137,200 |   |   | $ | 20,169,229 |   |
| Net      income from continuing operations                 |   |                                               | 1,799,825  |   |   |   | 1,405,953 |   |
| Income      per share from continuing operations:          |   |                                               |       |   |   |   |   |   |
| Basic                                                      |   |                                               | 0.75       |   |   |   | 0.57 |   |
| Diluted                                                    |   |                                               | 0.75       |   |   |   | 0.57 |   |
| Gain      from discontinued operations                     |   |                                               | -          |   |   |   | 3,381,254 |   |
| Gain      per share from discontinued operations:          |   |                                               |       |   |   |   |   |   |
| Basic                                                      |   |                                               | -          |   |   |   | 1.36 |   |
| Diluted                                                    |   |                                               | -          |   |   |   | 1.36 |   |
| Net      income:                                           |   |                                               | 1,799,825  |   |   |   | 4,787,207 |   |
| Net      income per share – basic                    |   |                                               | 0.75       |   |   |   | 1.93 |   |
| Net      income per share – diluted                  |   |                                               | 0.75       |   |   |   | 1.93 |   |
| Weighted      average number of common shares outstanding: |   |                                               |       |   |   |   |   |   |
| Basic                                                      |   |                                               | 2,389,360  |   |   |   | 2,480,330 |   |
| Diluted                                                    |   |                                               | 2,395,621  |   |   |   | 2,480,330 |   |

|                                                                                                                                                                                   |   | UNAUDITED                   |          |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------|---------------|
|                                                                                                                                                                                   |   | UNAUDITED                   |          |   | AUDITED |   |
|                                                                                                                                                                                   |   | December 31, 2009 |          |   | March 31, 2009 |   |
| ASSETS                                                                                                                                                                                 |   |                        |          |   |   |   |
| Cash                                                                                                                                                                                   |   | $                           | 5,087,869     |   |   | $ | 284,030 |   |
| Accounts      receivable and amount due from factor                                                                                                                                    |   |                        | 4,177,463     |   |   |   | 5,076,217 |   |
| Inventory                                                                                                                                                                              |   |                        | 5,497,833     |   |   |   | 8,997,231 |   |
| Prepaid      expenses                                                                                                                                                                  |   |                        | 217,049       |   |   |   | 255,745 |   |
| Current      assets of discontinued operations                                                                                                                                         |   |                        | -             |   |   |   | 202,565 |   |
| TOTAL      CURRENT ASSETS                                                                                                                                                              |   |                        | 14,980,214    |   |   |   | 14,815,788 |   |
| INVESTMENT      IN HONG KONG JOINT VENTURE                                                                                                                                             |   |                        | 12,108,352    |   |   |   | 10,550,373 |   |
| PROPERTY,      PLANT AND EQUIPMENT – NET                                                                                                                                         |   |                        | 213,349       |   |   |   | 251,366 |   |
| OTHER      ASSETS AND DEFERRED TAX ASSET                                                                                                                                               |   |                        | 1,930,932     |   |   |   | 2,160,151 |   |
| TOTAL      ASSETS                                                                                                                                                                      |   | $                           | 29,232,847    |   |   | $ | 27,777,678 |   |
| LIABILITIES      AND SHAREHOLDERS’ EQUITY                                                                                                                                        |   |                        |          |   |   |   |   |   |
| Accounts      payable and accrued expenses                                                                                                                                             |   | $                           | 2,844,067     |   |   | $ | 2,761,438 |   |
| Accrued      liabilities                                                                                                                                                               |   |                        | 605,544       |   |   |   | 752,452 |   |
| Current      liabilities of discontinued operations                                                                                                                                    |   |                        | -             |   |   |   | 202,565 |   |
| TOTAL      CURRENT LIABILITIES                                                                                                                                                         |   |                        | 3,449,611     |   |   |   | 3,716,455 |   |
| LONG      TERM OBLIGATION                                                                                                                                                              |   |                        | 97,469        |   |   |   | 95,324 |   |
| SHAREHOLDERS’      EQUITY:                                                                                                                                                       |   |                        |          |   |   |   |   |   |
| Common      stock, $.01 par value per share; authorized 20,000,000 shares;      issued and outstanding 2,387,887 and 2,408,220 at December 31, 2009 and      March 31,  2009 |   |                        |   23,879 |   |   |   |   24,083 |   |
| Additional      paid-in capital                                                                                                                                                        |   |                        | 13,106,683    |   |   |   | 13,186,436 |   |
| Retained      earnings                                                                                                                                                                 |   |                        | 12,555,205    |   |   |   | 10,755,380 |   |
| TOTAL      SHAREHOLDERS’ EQUITY                                                                                                                                                  |   |                        | 25,685,767    |   |   |   | 23,965,899 |   |
| TOTAL      LIABILITIES AND SHAREHOLDERS’ EQUITY                                                                                                                                  |   | $                           | 29,232,847    |   |   | $ | 27,777,678 |   |

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