SEA GIRT, N.J./EWORLDWIRE/May 19, 2006 --- Digital Descriptor Systems, Inc. (Pink Sheets: DDSI), an industry leader in the development of Homeland Security related products, today announced results for the period ending March 31, 2006. Revenues grew 485 percent, to $870,964, from first quarter 2005 revenues of $148,875. Gross profit rose over 450 percent, to $577,622, from $104,173 for the same period in 2005. All numbers are fully audited. 
In March 2005, DDSI acquired Somerset County, New Jersey-based CGM Applied Security Technologies, Inc., a leading manufacturer and distributor of various Homeland Security products.
"Sales and profit numbers continue their steady improvement," says Anthony Shupin, CEO of DDSI. "This is a strong indication that our plan is working. We are committed to raising the bar for our security products and services. DDSI and CGM-AST products are state-of-the-art, and are being well received by the market."
DDSI CFO Michael Pellegrino adds, "Our operating losses continue to decline. When factoring earnings before interest, taxes, depreciation and amortization, we are down 39 percent, to $122,600, from our prior year period amount of $184,708."
About Digital Descriptor Systems, Inc.
The company, based in Sea Girt, N.J., develops and markets integrated enterprise-wide image applications specifically designed for criminal justice organizations. Customers include states, cities, counties, corrections facilities, justice and public safety agencies. Additional information is available online at www.ddsi-cpc.com.
Its subsidiary, CGM Applied Security Technologies, Inc., based in Somerset, N.J., is a leading manufacturer and distributor of Homeland Security products, including indicative and barrier security seals, security tapes and related packaging security systems, protective security products for palletized cargo, physical security systems for tractors, trailers and containers, as well as a number of highly specialized authentication products. Additional information is available online, at www.cgmsecuritysolutions.com.
Safe Harbor Statement
Under the Private Securities Litigation Act of 1995 - With the exception of historical information, the matters discussed in this press release are forward-looking statements that involve a number of risks and uncertainties. The actual future results of the company could differ significantly from those statements. Factors that could cause actual results to differ materially include risks and uncertainties such as the inability to finance the company’s operations or expansion, inability to hire and retain qualified personnel, changes in the general economic climate, including rising interest rate and unanticipated events such as terrorist activities. In some cases, forward-looking statements can be identified by terminology such as "may," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of such terms or other comparable terminology. These statements are only predictions. Although management believes that the expectations reflected in the forward-looking statements are reasonable, such statements should not be regarded as a representation by the company, or any other person, that such forward-looking statements will be achieved. The company undertakes no duty to update any of the forward-looking statements, whether as a result of new information, future events or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements. For further risk factors associated with the company, review the SEC filings.
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