Guardian Technologies International Announces Delayed Filing of Form 10-K

Business Wire, March 31, 2006

HERNDON, Va. -- Guardian Technologies International, Inc. (OTCBB:GDTI) today announced that it has filed a Form 12b-25 Notification of Late Filing with the U.S. Securities and Exchange Commission (SEC) indicating that it would be delayed in filing its Annual Report on Form 10-K for the year ended December 31, 2005.

As disclosed in a Form 8-K the Company filed with the SEC on February 24, 2006, in response to comments received from the Staff of the SEC, management of Guardian Technologies International, with the subsequent concurrence of the Audit Committee, has determined that, due to certain accounting errors described in the Form 8-K, the Company will restate the Company's audited consolidated financial statements for the years ended December 31, 2003 and 2004, and its unaudited consolidated financial statements for the periods ended March 31, June 30, and September 30, 2004, and the periods ended March 31, June 30, and September 30, 2005. The need for the Company to restate its audited financial statements for 2003 and 2004 is the reason for the delay in the filing of its Annual Report on Form 10-K for the year ended December 31, 2005.

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, including without limitation, Guardian's Form 10-K for the year ended December 31, 2004 and its quarterly reports on Form 10-Q. Guardian expressly disclaims any obligation to update any forward-looking statements.