UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  FORM 10-QSB/A
                                Amendment No. 1
                                   (Mark One)

              |X| QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE
                        SECURITIES EXCHANGE ACT OF 1934

                  For the quarterly period ended March 31, 2005

   |_| TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT OF 1934

      For the transition period from _________________ to _________________

                        Commission file number 001-12536

                             SECURED SERVICES, INC.
        (Exact name of small business issuer as specified in its charter)

                Delaware                                   11-2964894
      (State or other jurisdiction of          (IRS Employer Identification No.)
       incorporation or organization)


                         110 Williams Street, 14th Floor
                            New York, New York 10038

                    (Address of principal executive offices)
                                 (212) 227-9696
                           (Issuer's telephone number)

 (Former name, former address and former fiscal year if changed since last year)

Check whether the issuer (1) filed all reports required to be filed by Section
13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter
period that the registrant was required to file such reports), and (2) has been
subject to such filing requirements for the past 90 days. Yes |X| No |_|

State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practicable date: As of April 29, 2005 the issuer had
outstanding 18,053,865 shares of its common stock, par value $.0001 per share.

Transitional Small Business Disclosure Format (Check one): Yes |_| No |X|


<PAGE>

                               INTRODUCTORY NOTE

            This Amendment No. 1 to the Registrant's Quarterly Report on Form
10-QSB for the period ended March 31, 2005, as filed by the Registrant on May
23, 2005, is being filed to amend Part I, Item 3 of the report.


                                TABLE OF CONTENTS

                               FORM 10-QSB/A REPORT

                                 March 31, 2005
<TABLE>
<CAPTION>
PART I - FINANCIAL INFORMATION
                                                                                            PAGE
<S>                                                                                          <C>
         Item 3. Controls and Procedures...................................................    2

PART II - OTHER INFORMATION

         Item 6. Exhibits..................................................................    3

SIGNATURES.................................................................................    4
</TABLE>




<PAGE>

ITEM 3. CONTROLS AND PROCEDURES

             EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES. After taking into
account the deficiencies and the alternative analysis procedures implemented in
connection with the completion of our financial reports for the year ended
December 31, 2004 and the other ameliorative actions mentioned below,
management, with the participation of our chief executive officer and the chief
financial officer, carried out an evaluation of the effectiveness of our
"disclosure controls and procedures" (as defined in the Securities Exchange Act
of 1934 (the "Exchange Act") Rules 13a-15(e) as of March 31, 2005, the end of
the period covered by this report. Based upon that evaluation, the chief
executive officer and chief financial officer concluded that, as of the
Evaluation Date, our disclosure controls and procedures are effective to ensure
that information required to be disclosed by us in the reports that we file or
submit under the Exchange Act is recorded, processed, summarized and reported,
within the time periods specified in the SEC's rules and forms. Information
required to be disclosed by us in the reports we file or submit under the
Exchange Act is accumulated and communicated to our management, including our
principal executive and principal financial officers, as appropriate to allow
timely decisions regarding required disclosure.

             CHANGES IN INTERNAL CONTROL OVER FINANCIAL REPORTING. In connection
with the audit of our financial statements for the fiscal year ended December
31, 2004, management, together with J.H. Cohn LLP, our independent registered
public accounting firm, identified the existence of several deficiencies related
to the preparation of our financial statements and notes thereto. Specifically,
on or about March 8, 2005, the independent registered public accounting firm
found discrepancies between the number of outstanding options used in a draft of
the annual financial statements and the numbers derived from rolling forward the
disclosures in the quarterly reports; differences in totals in the Statement of
Changes in Stockholders' Equity with other statements and disclosures; that
five-year data had not been presented for all operating leases and that
additional disclosures were required on the note issued to VASCO in connection
with Secured's acquisition of the Identiprise product and related assets.
Subsequently, on or about March 31, 2005, our independent registered public
accounting firm identified certain errors in recording stock compensation and
calculating depreciation of approximately $73,000 and $9,000, respectively,
which we corrected prior to filing our financial statements in our annual report
on Form 10-KSB for the year ended December 31, 2004. These deficiencies
collectively amounted to material weaknesses in the design or operation of
internal control over financial reporting that were reasonably likely to
adversely affect our ability to record, process, summarize and report financial
data if uncorrected. In the main, these deficiencies were a consequence of too
small an accounting staff and the need for additional continuing professional
education by staff members. In response to these deficiencies being brought to
our attention, we performed extensive alternative analysis procedures to
mitigate the deficiencies and we believe that, as a result of those procedures,
our ability to process, summarize, and report financial data for the year ended
December 31, 2004 and for the period from April 28, 2003 (date of inception) to
December 31, 2003 was not adversely affected. Subsequently, we rectified the
above noted deficiencies by preparing a detailed reconciliation of option grants
so that the figures could be reported consistently; we reconciled the share
register from inception to provide consistent figures for the Statement of
Changes in Stockholders' Equity; we summarized lease data and updated our
disclosure related to the note issued to VASCO and had an independent review by
a different accounting firm, that we engaged to provide additional assistance.
These deficiencies were also noted by our independent registered public
accounting firm in their review of our financial statements in this report were
corrected by reconciling the actions reflected in Minutes of our Board of
Directors with the share register and recalculating all of the depreciation and
amortization amounts to eliminate an arithmetic error. All remedial action for
deficiencies related to the year ended December 31, 2004 commenced subsequent to
December 31, 2004, but before the completion of financial statements for that
period. Further, on or about May 10, 2005 we engaged as consultants an
accounting and auditing firm to assist us in the preparation of this report by
providing accounting and write-up services prior to the audit or review of the
financial statements in those forms by our independent registered public
accounting firm. We believe that this independent accounting firm possesses the
requisite accounting knowledge and professional education to supplement any
deficiencies therein by our internal staff. Since the retention of the
independent accounting firm we have met with them in connection with this
report to identify accounting and reporting issues and to obtain the benefit of
their guidance in its preparation.

             Subsequently, in June 2005, the Board of Directors engaged as a
special consultant, a certified public accountant with over 30 years of
experience as chief financial officer of several public companies, a former
director and chairman of the audit committee of a public company and an
operational and financial consultant to venture capital and leveraged buyout
firms to review our financial reporting procedures, review functions of the
financial organization and confirm that approved recommendations were
implemented. We believe this engagement, combined with the ameliorative actions
mentioned above, cured the material weakness noted by our independent registered
public accounting firm.

             In addition, from May 10, through September 12, 2005, we have
incurred expenses of approximately $131,000 in remediating the material
deficiencies and providing related accounting and financial advice to the Board
and management.

             Other than as set forth above there were no changes in Secured
Services internal controls over financial reporting, known to the chief
executive officer or the chief financial officer that occurred during the
quarter ended March 31, 2005 that has materially affected, or is reasonably
likely to materially affect, Secured Services' internal control over financial
reporting.


                                       2
<PAGE>


                           PART II--OTHER INFORMATION

ITEM 6. EXHIBITS

      Exhibits:

      EXHIBIT NO.        DESCRIPTION
      -----------        -----------

         31.1     Chief Executive Officer Certification pursuant to section 302
                  of the Sarbanes-Oxley Act of 2002*

         31.2     Chief Financial Officer Certification pursuant to section 302
                  of the Sarbanes-Oxley Act of 2002*

         32.1     Chief Executive Officer Certification pursuant to section 906
                  of the Sarbanes-Oxley Act of 2002*

         32.2     Chief Financial Officer Certification pursuant to section 906
                  of the Sarbanes-Oxley Act of 2002*


-----------
* Attached

                                       3
<PAGE>




                                   SIGNATURES

         In accordance with the requirements of the Exchange Act, the registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.

                                         SECURED SERVICES, INC
                                         ---------------------
                                         (Registrant)

Date       OCTOBER 18, 2005              /s/ ROBERT SKINNER
       ---------------------             -----------------
                                         Robert Skinner
                                         President and Chief Executive Officer

Date       OCTOBER 18, 2005              /s/ JANE A. DIETZE
       ---------------------             ---------------
                                         Jane A. Dietze
                                         Interim Chief Financial Officer
                                         (Principal Financial Officer)


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