Guardian Technologies International Announces Further Delay in Filing Its Form 10-K for 2005

Business Wire, April 17, 2006

HERNDON, Va. -- Guardian Technologies International, Inc. (OTCBB:GDTI) today announced that it will be further delayed in filing its 2005 Annual Report on Form 10-K with the Securities & Exchange Commission (SEC). The Company had previously filed a notification of late filing of its Form 10-K for 2005. As a result of the Company's filing delay, the Company expects that an "E" suffix will be added to its trading symbol by the OTC Bulletin Board to change the Company's trading symbol from GDTI to GDTIE.

The delay in the Company's 2005 Form 10-K filing is due to the additional time required for the restatement of the Company's 2003 and 2004 year-end financial statements. The Company's 2005 statement can only be filed after prior year financial statements have been restated.

As disclosed in the Company's Form 8-K filed on February 24, 2006 and its Form 12b-25 filed on March 31, 2006, the Company proposes to restate its audited consolidated financial statements for the years ended December 31, 2003 and 2004, and certain interim financial statements, for the reasons set forth in such filings.

"We are working diligently with our auditor to complete the restatements for the prior periods," commented Michael Trudnak, chief executive officer. "We are anticipating this process to take a few more weeks, at which time we will immediately file the 2005 Form 10-K and again be compliant with the OTC Bulletin Board's eligibility requirements."

"Fortunately, this has not dampened our business development," Trudnak said, "such as the ongoing process by the Russian authorities to certify our PinPoint(TM) security screening technology for commercial development. Our business is gaining momentum, and I look forward to sharing more news on the various initiatives in which we are involved."

About Guardian Technologies International, Inc.

Guardian Technologies International, Inc. (OTCBB:GDTI) employs high-performance imaging technologies and advanced analytics to create integrated information management products and services. Guardian's technologies are focused on two primary markets: Homeland Defense and Healthcare Solutions. Guardian's homeland defense security technologies provide highly accurate threat-item detection at the image-scanning level, and the company's Healthcare Solutions for radiology improve information and process flow with state-of-the-art RIS/PACS technology, and integrated archiving and reporting network services.

This news release contains forward-looking statements that involve risks and uncertainties. Forward-looking statements in this document and those made from time to time by Guardian through its senior management are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect the Company's current views with respect to the future events or financial performance discussed in this release, based on management's beliefs and assumptions and information currently available. When used, the words "believe", "anticipate", "estimate", "project", "should", "expect", "plan", "assume" and similar expressions that do not relate solely to historical matters identify forward-looking statements. Forward-looking statements concerning future plans or results are necessarily only estimates and actual results could differ materially from expectations. Certain factors that could cause or contribute to such differences include, among other things, in particular, the size and timing of contract awards, performance on contracts, performance of acquired companies, availability and cost of key components, unanticipated results from audits of the financial results of the Company and acquired companies, changing interpretations of generally accepted accounting principles, outcomes of government reviews, developments with respect to litigation to which we are a party, potential fluctuations in quarterly results, dependence on large contracts and a limited number of customers, lengthy sales and implementation cycles, market acceptance of new or enhanced products and services, proprietary technology and changing competitive conditions, system performance, management of growth, dependence on key personnel, ability to obtain project financing, general economic and political conditions and other factors affecting spending by customers, the unpredictable nature of working with government agencies and other risks, uncertainties and factors including those described from time to time in Guardian's filings with the Securities and Exchange Commission. Guardian expressly disclaims any obligation to update any forward-looking statements.