We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Universal Security Instruments, Inc. (“USI” or the “Company”) (NYSE American: UUU), in connection with the proposed merger of the Company with Infinite Reality, Inc. (“Infinite Reality”).  Under the terms of the merger agreement, Infinite Reality shareholders will hold approximately 97% of USI’s outstanding common stock and the shareholders of USI prior to the merger will retain ownership of approximately 3% of USI’s outstanding shares. In addition, the value of the business assets of USI and its ongoing business will continue to inure to the benefit of the pre-merger shareholders of USI.

WeissLaw LLP is investigating whether (i) USI’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the deal’s equity split is fair to USI’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.