SECURITY DEVICES INTERNATIONAL

PRESS RELEASE

December 20, 2013

SDI Sells Operational Deployment Rounds; Retains Integral Capital Markets as Market Maker

Washington, D.C – (TSX-V: SDZ) (OTCBB: SDEV) In conjunction with the successful use of Security Devices International’s (“SDI” or the “Company”) blunt impact projectile by multiple domestic and foreign SWAT teams at the 31st Annual International SWAT Round-Up (Press Released Nov 28, 2013), the Company announced today the sale of operational rounds to the hosting SWAT department, Orange County Sheriff’s Office (OCSO). The OCSO is a highly respected, revered and influential department in the U.S. and will receive their delivery of rounds for operational use before the closing of 2013. The OCSO SWAT Team Leader Steve Berens noted “Our department has made a strategic switch from the 40MM Blue Nose to SDI’s BIP because of its diversity. SDI’s Blunt Impact Projectile allows us to operate from both short and long range, utilizing a single round as opposed to using multiple types of less lethal ammunition during operations”.

Additionally, the Company is pleased to announce that it has retained Integral Capital Markets (“Integral”) to provide market-making services in accordance with TSX Venture Exchange (“TSX.V”) policies. Integral will trade shares of the Company on the TSX.V for the purposes of maintaining an orderly market and improving the liquidity of the Company’s shares.

Integral will not receive shares or options as compensation. However, Integral and its clients may have or may acquire a direct interest in the securities of the Company. SDI and Integral are unrelated and unaffiliated entities; Integral is a member of the Investment Industry Regulatory Organization of Canada (“IROC”) and can access all Canadian Stock Exchanges and Alternative Trading Systems. The capital and securities required for any trade undertaken by Integral as principal will be provided by Integral.

The Agreement is for an open-ended term of at least three months and may be terminated thereafter on 30 days notice.

About Security Devices International
Security Devices International Inc. (SDI) is a defense technology company specializing in the sale of innovative, next generation non-lethal ammunition. The Company’s solutions are a safer alternative to conventional crowd control devices currently in the marketplace, such as bean-bags, batons, as well as both plastic and rubber bullets. SDI is currently deploying their family of non-lethal ammunition to foreign militaries, law enforcement, correctional services and homeland security agencies across the globe.

About Integral Capital Markets
Integral Capital Markets provides financing, strategic advisory, and market making services to emerging companies in three principal sectors: oil + gas, metals + mining and diversified industries. The firm also works closely with institutional and high net worth investors who seek attractive risk adjusted returns through participation in these sectors via new issues or the secondary markets.

This press release is for information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities of SDI in any jurisdiction.

Forward Looking Statement
The information in this news release includes certain information and statements about management’s view of future events, expectations, plans and prospects that constitute forward looking statements including information with respect to the offering. Because of certain risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward looking statements. Although SDI believes that the expectations reflected in forward looking statements are reasonable, it can give no assurances that the expectations of any forward-looking statements will prove to be correct. Except as required by law, SDI disclaims any intention and assumes no obligation to update or revise any forward looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward looking statements or otherwise.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

For additional information contact:
Allen EZER, Exec. VP
T: 202-351-1633 (U.S.A)
T: 416-453-7798 (Canada)
Or visit: www.securitydii.com

PRESS RELEASE

November 28, 2013

SDI Signs Multiple Distributor Agreements

Washington, D.C. – (OTCBB: SDEV) (TSX-V: SDZ) Security Devices International Inc. (“SDI” or the “Company”) announced today, the successful use of their blunt impact ammunition rounds by multiple foreign “Special Weapon And Tactics” teams at the 31st Annual International SWAT Round-Up in Orlando, Florida (www.swatroundup.net). This world renowned, prestigious event is an invitational competition which hosts the “best of the best” from the world of SWAT, bringing together elite teams from the U.S and internationally. President Greg Sullivan notes “the opportunity to displace our competitors as the blunt impact round of choice at this event shows the gaining of acceptance for our innovative technology. By SDI providing these senior trainers, end-users and eventual influencers with our rounds, adheres to our corporate strategy of educating the marketplace about our competitive advantages”.

Outside of numerous U.S. based agencies, the Company was able to gain exposure with groups such as the Kuwaiti Ministry Of Interior, German Polizei Hessen, The Netherlands Royal Military Police and the Sao Paulo (Brazil) State Civil Police Department. SDI intends to seize the opportunity by holding private demonstrations for these groups throughout the first half of 2014.

As well, resulting from SDI’s attendance at a tactical training conference (Tac Ops East) in September, the Company is proud to announce the sale of operational deployment rounds to two separate Virginia based law enforcement agencies. Although smaller in size, the relevance of this operational use of rounds is based on SDI’s blunt impact projectile supplanting a long-standing competitor deployment.

Additionally, SDI has been invited by the TSX Venture Exchange to open the market on Friday November 29th at 9:30am. The Company is excited to have been recognized as an emerging growth company by the Exchange and looks forward to forming a long-term relationship with this partner.

Finally, SDI is pleased to announce the appointment of Dean Thrasher to the Board of Directors. Mr. Thrasher is currently Chief Operating Officer at SDI and comes with more than two decades of start-up business management, mergers & acquisitions, product development, manufacturing, public company and funding experience.

In conjunction with Dean Thrasher’s appointment, the Company announces the resignation of Mr. Boaz Dor from the Board of Directors. The Board, along with the Management Team wishes to thank Mr. Dor for his assistance through the initial phases of SDI’s growth and help in becoming a TSX Venture Exchange listed company.

About Security Devices International
Security Devices International Inc. (SDI) is a defense technology company specializing in the sale of innovative, next generation non-lethal ammunition. The Company’s solutions are a safer alternative to conventional crowd control devices currently in the marketplace, such as bean-bags, batons, as well as both plastic and rubber bullets. SDI is currently deploying their family of non-lethal ammunition to foreign militaries, law enforcement, correctional services and homeland security agencies across the globe.

This press release is for information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities of SDI in any jurisdiction.

Forward Looking Statement
The information in this news release includes certain information and statements about management’s view of future events, expectations, plans and prospects that constitute forward looking statements including information with respect to the offering. Because of certain risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward looking statements. Although SDI believes that the expectations reflected in forward looking statements are reasonable, it can give no assurances that the expectations of any forward-looking statements will prove to be correct. Except as required by law, SDI disclaims any intention and assumes no obligation to update or revise any forward looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward looking statements or otherwise.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

For additional information contact:
Allen EZER, Exec. VP
T: 202-351-1633 (U.S.A)
T: 416-453-7798 (Canada)
Or visit: www.securitydii.com

PRESS RELEASE

October 15, 2013

SDI Signs Multiple Distributor Agreements

Washington, D.C – (TSX-V: SDZ) (OTCBB: SDEV) Security Devices International Inc. (“SDI” or “the Company”) is a defense technology company specializing in the development, manufacturing and sale of innovative, next generation non-lethal ammunition.

The Company is pleased to announce the signing of two key, regionally strategic, multi-line distributors who will carry SDI’s full family of products.

MD Charlton Company Ltd. is the leading supplier to Police, Military, Law Enforcement and Security Professionals in Canada. With superior, industry recognized customer service and top quality products; SDI has teamed with an important organization to cater to their distribution model strategy. MD Charlton established themselves just under 35 years ago as an exclusive distributor of innovative and reliable products ranging from tactical armor to various less-lethal products. Based in British Columbia, MD Charlton has countrywide breadth with offices throughout Canada.

SDI is also pleased to announce the signing of California Tactical (Cal-Tac) to an agreement giving Security Devices exposure throughout the State of California. Being a primary target market for the Company, California offers a lucrative opportunity based on a multitude of factors; including population, a high number of law enforcement agencies, and government bodies setting less-lethal trends. Cal-Tac operates a full service tactical products store in Roseville (Sacramento) California. Being centrally located near the State Capital, Cal-Tac’s value add stems from close working relationships with various law enforcement and correctional agencies. Holding all State and Federal licensing, Cal-Tac serves as a logical pathway for SDI to penetrate Municipal, State and Federal departments within California.

The company’s President Gregory Sullivan notes “The signing of these distributors to carry the SDI family of products is an excellent opportunity to increase our sales depth. As our corporate strategy involves becoming the global benchmark for less-lethal ammunition, having additional distribution across Canada and California only strengthens our North American presence”.

This press release is for information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities of SDI in any jurisdiction.

Forward Looking Statement
The information in this news release includes certain information and statements about management’s view of future events, expectations, plans and prospects that constitute forward looking statements including information with respect to the offering. Because of certain risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward looking statements. Although SDI believes that the expectations reflected in forward looking statements are reasonable, it can give no assurances that the expectations of any forward-looking statements will prove to be correct. Except as required by law, SDI disclaims any intention and assumes no obligation to update or revise any forward looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward looking statements or otherwise.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

For additional information contact:
Allen EZER, Exec. VP
T: 202-351-1633 (U.S.A)
T: 416-453-7798 (Canada)
Or visit: www.securitydii.com

PRESS RELEASE

September 25, 2013

SDI Completes Sale of Operational Rounds to a U.S. Homeland Security Agency

Washington, D.C. – (TSX-V: SDZ) Security Devices International Inc. (“SDI” or “The Company”) is a defense technology company specializing in the development, manufacturing and sale of innovative, next generation non-lethal ammunition.

The Company is pleased to announce the completion of a sales transaction of operational evaluation rounds to a U.S. Homeland Security Agency (the “Agency”).

Following a successful live fire demonstration at the Texas Tactical Police Officers Trade Show, the Agency engaged SDI to procure rounds. The purpose of the sale of these rounds is for deployment into uniformed field units within the Agency. Although for operational evaluation, the officers will be deploying SDI’s blunt impact projectiles into live field situations as required. The rounds have a scheduled delivery of 30 days.

Additionally, SDI is proud to announce its official operational deployment of its BIP40 to be the blunt impact projectile of choice for the Indian River County Sheriff’s Office Correctional Institution, in the State of Florida. The Company’s President Gregory Sullivan notes, “This entry by SDI into the field of Jails and Correctional Services, is just another example of our Companies widespread breadth into multiple markets. Along with our Military and Law Enforcement scope, we intend to exploit numerous opportunities within corrections and private security entities, as well.”

This press release is for information purposes only and does not constitute an offer to sell or a
solicitation of an offer to buy any securities of SDI in any jurisdiction.

Forward Looking Statement

The information in this news release includes certain information and statements about management’s view of future events, expectations, plans and prospects that constitute forward looking statements including information with respect to the offering. These statements are based upon assumptions that are subject to significant risks and uncertainties including those risks identified in the Prospectus. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward looking statements. Although SDI believes that the expectations reflected in forward looking statements are reasonable, it can give no assurances that the expectations of any forward-looking statements will prove to be correct. Except as required by law, SDI disclaims any intention and assumes no obligation to update or revise any forward looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward looking statements or otherwise.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

For additional information contact:
Allen EZER, Exec. VP
T: 202-351-1633 (U.S.A)
T: 416-453-7798 (Canada)
Or visit: www.securitydii.com
www.securitydii.com

PRESS RELEASE

September 12, 2013 04:39 ET

SDI Completes Sale of Operational Evaluation Rounds to Foreign Military

TORONTO, ONTARIO-(Marketwired - Sept. 12, 2013) - Security Devices International Inc. (TSX VENTURE:SDZ) (“SDI” or “The Company”) is a defense technology company specializing in the development, manufacturing and sale of innovative, next generation non-lethal ammunition.

The Company is pleased to announce the completion of a sales transaction of its Blunt Impact Projectiles (BIP). The sale is a sizable amount of operational evaluation rounds, to a large, unnamed foreign military, located in the Middle-East.

The Company’s BIP rounds have been previously tested by the foreign agency listed above. The purpose of these evaluation rounds is to finalize this Middle-Eastern country’s supplier base for a significant, ammunition procurement to be announced in the coming months.

The tender into this procurement was initialized by SDI’s large global defence technology partner, and distributor, as per the January 12, 2012 press release.

“SDI is committed to securing and maintaining partnerships that will create validity and value in our Company,” said Gregory Sullivan, President and CEO of SDI. Sullivan also stated “We will continue to align ourselves with those in the industry that can increase SDI’s market penetration and create expansive reach in the Less Lethal sector, globally”.

This press release is for information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities of SDI in any jurisdiction.

Forward Looking Statement
The information in this news release includes certain information and statements about management’s view of future events, expectations, plans and prospects that constitute forward looking statements including information with respect to the offering. These statements are based upon assumptions that are subject to significant risks and uncertainties including those risks identified in the Prospectus. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward looking statements. Although SDI believes that the expectations reflected in forward looking statements are reasonable, it can give no assurances that the expectations of any forward-looking statements will prove to be correct. Except as required by law, SDI disclaims any intention and assumes no obligation to update or revise any forward looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward looking statements or otherwise.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

CONTACT INFORMATION
Security Devices International Inc.
Allen EZER
Exec. VP
T: 202-351-1633 (U.S.A)
T: 416-453-7798 (Canada)
www.securitydii.com

PRESS RELEASE

September 9, 2013

SDI Provides an Update on Corporate Developments & Status of Operations

Toronto, Ontario – (TSX-V: SDZ) Security Devices International Inc. (“SDI” or “The Company”) is a defense technology company specializing in the development, manufacturing and sale of innovative, next generation non-lethal ammunition.

Capital Markets Progress:
After undertaking the company’s initial public offering, which saw an over-subscription event in the primary tranche, SDI began trading on the TSX Venture Exchange on September 4, 2013. Through this public offering the company is now well funded after raising $3,993,980. The primary use of the IPO proceeds will go towards the Company’s growth of its sales team and specifically targeted marketing initiatives. With the additional proceeds, SDI intends to incur nominal R&D expenses solely consisting of additional “Human Effects Testing”, “Certification Protocols” & “Government Acceptance Testing”, as well as advancing current technology to new levels. These supplementary tests go over-and-above what the Company already has completed, and will allow SDI to be among the most tested and widely accepted less-lethal ammunition round in the industry.

Patents Issued:
Security Devices International Inc. is proud to announce that all of the patents, which have
previously been applied for in the United States, have been granted and issued. These patents
include strict legal protection of the blunt impact technology, as well as for the electrical elements
of the Company’s wireless electrical projectile.

Comprehensive Product Line:
SDI’s Blunt Impact Projectile (BIP) is in full production, and the Company is entering the market with their derivative BIP rounds, which are capable of carrying various payloads. SDI has strategically begun an accumulation of BIP inventory, as per the additional IPO proceeds. Using the Corporation’s patented technologies, the BIP was designed for the highest operational effectiveness at distances of up to 260 feet (80m), while still enhancing target safety if engaged from a close range of 3m. The various ammunition rounds derived from the original BIP include:
BIP MP (Temporary Powder Based Marking Agent)
BIP ML (Semi-Permanent Liquid Marking Agent)
BIP OC (Oleoresin Capsicum – Pepper Spray Liquid)
BIP MO (Malodorant Liquid)
BIP PR (Practice Round)
Lektrox: (Wireless Electric Projectile)

Global Distribution:
Pursuant to the Company’s January 10, 2012 press release indicating the signing of a five-year teaming agreement with a large defense technology company who can provide global sales reach; SDI is proud to announce the tendering into multiple foreign military requests for product (RFP) bids. As the agreement is non-exclusive, SDI has been able to engage numerous product distributors, both in North America and abroad. Furthermore, SDI is exploring synergies, sales potential and future product development with several other Defense Technology Companies in the Unites States and globally.

Tradeshows & Live-Fire Demonstrations:
As a result of SDI’s participation at specifically targeted conferences and tradeshows, multiple live-fire demonstrations have taken place for various military, law enforcement and correctional services agencies, both in North America and overseas. As a byproduct of these successes, additional demonstrations have been scheduled for key procurement decision-makers, taking
place this quarter. Due to the Company’s recent attendance at the 7th European Symposium on Non-Lethal Weapons in Germany this summer, there are now requests for our rounds (non-lethal bullets) from multiple members of the NATO Less-Lethal Working Group in order to help establish a global safety standard.

This press release is for information purposes only and does not constitute an offer to sell or a
solicitation of an offer to buy any securities of SDI in any jurisdiction.

Forward Looking Statement
The information in this news release includes certain information and statements about management’s view of future events, expectations, plans and prospects that constitute forward looking statements including information with respect to the offering. These statements are based upon assumptions that are subject to significant risks and uncertainties including those risks identified in the Prospectus. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward looking statements. Although SDI believes that the expectations reflected in forward looking statements are reasonable, it can give no assurances that the expectations of any forward-looking statements will prove to be correct. Except as required by law, SDI disclaims any intention and assumes no obligation to update or revise any forward looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward looking statements or otherwise.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE
EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

For additional information contact:
Allen EZER, Exec. VP
T: 202-351-1633 (U.S.A)
T: 416-453-7798 (Canada)
Or visit: www.securitydii.com
www.securitydii.com
1101 PENNSYLVANIA AVE . , NW, 6TH FLOOR, WASHINGTON, DC 20004
USA T 201 765 1960
125 LAKESHORE RD. E , #300 OAKV ILLE, ON L6J 1H3
CANADA T 905 582 6402 F 905 582 9404

PRESS RELEASE

August 28, 2013

Security Devices International Inc. Announces Completion of IPO

TORONTO, August 28, 2013 - Security Devices International Inc. (“SDI”), a defense technology company specializing in the development of innovative, next generation non-lethal ammunition, announced today it has completed an initial public offering (the “Offering”) and that its common shares are expected to commence trading on the TSX Venture Exchange (“TSXV”) under the symbol “SDZ” on or about September 3, 2013. The Offering raised total gross proceeds of CDN$3,993,980 through SDI’s agent, Macquarie Private Wealth Inc. (the “Agent”).

On August 15, 2013, SDI filed an amended and restated final prospectus (the “Prospectus”) in the provinces of Alberta, British Columbia and Ontario, and had earlier received conditional approval to list its common shares (“Common Shares”) on the TSXV. A copy of the Prospectus can be viewed on SEDAR (www.sedar.com).

Pursuant to the Offering, SDI raised total gross proceeds of CDN$3,993,980 through the issuance of 9,984,950 Common Shares at a price of CDN$0.40 per Common Share (the “Issue Price”). A cash commission of CDN$359,458 was paid, and an option (the “Agent’s Option”) to purchase up to 898,645 Common Shares was issued to the Agent and members of its selling group. The Agent’s Option entitles the Agent and members of its selling group to purchase Common Shares at a price of CDN$0.40 per Common Share until August 27, 2015.

4,377,300 Common Shares held by principals of SDI prior to completion of the Offering will be held in escrow, 10% of such Common Shares will be released upon the Common Shares being listed on the TSXV and 15% every six months thereafter, subject to acceleration provisions provided for in National Policy 46-201. In addition, 3,500,000 Common Shares held by nonprincipals prior to completion of the Offering will be subject to resale restrictions imposed by the TSXV, all of which will be subject to the same release schedule noted above for principals. Upon completion of the Offering, $2,297,044 of convertible debentures (including $279,188 of interest) was converted to 2,213,711 Common Shares, resulting in the discharge of those debentures.

The holder of a bridge loan has exercised the holder’s right to convert that the principal and interest (totaling CDN$382,013.70) into common shares at CDN$0.2775 per share, resulting in the issuance of 1,376,625 common shares. SDI had expected to repay this loan out of the proceeds of the Offering.

PRESS RELEASE

TORONTO, August 16, 2013

Security Devices International Inc. Files Amended and Restated Prospectus for Initial Public Offering

Security Devices International Inc. (“SDI”), a defense technology company specializing in the development of innovative, next generation non-lethal ammunition, announced today, further to its prior news release of July 8, 2013, it has filed an amended and restated final long form prospectus (the “Prospectus”) with the securities regulatory authorities in Ontario, British Columbia and Alberta in connection with a proposed initial public offering (the “Offering”) of a minimum of 7,500,000 common shares (each, a “Common Share”) up to a maximum of 10,350,000 Common Shares at a price of $0.40 per Common Share for gross proceeds of a minimum of $3,000,000 up to a maximum of $4,140,000, with no over-allotment option, through Macquarie Private Wealth Inc. The Offering is expected to close on or about August 27, 2013.

This press release is for information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities of SDI in any jurisdiction.

About Security Devices International Inc.

Security Devices International Inc. (“SDI” or “The Company”) is a defense technology company specializing in the development of innovative, next generation non-lethal ammunition. SDI is currently in the market-entry stage of deploying their family of non-lethal ammunition to global militaries, law enforcement and correctional agencies.

PRESS RELEASE

July 8, 2013

Security Devices International Inc. Files Final Prospectus for Public Offering

Security Devices International Inc, (“SDI”) TORONTO, July 8, 2013 - Security Devices International Inc. (“SDI”), a defense technology company specializing in the development of innovative, next generation non-lethal ammunition, announced today it has filed a final long form prospectus dated July 2, 2013 (the “Prospectus”) with the securities regulatory authorities in Alberta, British Columbia and Ontario in connection with the public offering of common shares of SDI. SDI has entered in to an agency agreement with Macquarie Private Wealth Inc. (the “Agent”) for the public offering, on a commercially reasonable efforts basis, of 7,500,000 common shares at a price of CDN$0.40 per share for total gross proceeds of $3,000,000 (the “Offering”). A copy of the Prospectus is available on SEDAR at www.sedar.com.

SDI has granted the Agent an over-allotment option (the “Over-Allotment Option”), exercisable for a period of 30 days after the closing date of the Offering, to purchase up to 1,125,000 additional common shares at the offering price to cover over-allotments, if any, made by the Agent in connection with the Offering and for market stabilization purposes. If the Over-Allotment Option is exercised in full, the total gross proceeds of the Offering will be $3,450,000. The TSX Venture Exchange (TSX-V) has conditionally approved the listing of the shares, subject to SDI fulfilling all of the TSX-V requirements. This press release is for information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities of SDI in any jurisdiction. SDI will issue a further news release as soon as the date for trading on the TSX-V has been confirmed.

About Security Devices International Inc.
Security Devices International Inc. (“SDI” or “The Company”) is a defense technology company specializing in the development of innovative, next generation non-lethal ammunition. SDI is currently in the market-entry stage of deploying their family of non-lethal ammunition to global militaries, law enforcement and correctional agencies.

Forward Looking Statement
The information in this news release includes certain information and statements about management’s view of future events, expectations, plans and prospects that constitute forward looking statements including information with respect to the offering and the listing of the
common shares on the TSX-V. These statements are based upon assumptions that are subject to significant risks and uncertainties including those risks identified in the Prospectus. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward looking statements. Although SDI believes that the expectations reflected in forward looking statements are reasonable, it can give no assurances that the expectations of any forward looking statements will prove to be correct. Except as required by law, SDI disclaims any intention and assumes no obligation to update or revise any forward looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward looking statements or otherwise.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

For additional information contact:
Allen EZER, Exec. VP
T: 202-351-1633 (U.S.A)
T: 416-453-7798 (Canada)
Or visit: www.securitydii.com

PRESS RELEASE

June 13, 2013

Security Devices International Inc. Receives Conditional Approval for TSX-V Listing

Security Devices International Inc. (TSX-V: SDZ), (“SDI”) is pleased to announce that it has obtained conditional approval to list its common shares (the “Common Shares”) on the TSX
Venture Exchange under the symbol SDZ.

Listing of the Common Shares is subject to compliance with all of the customary requirements of the Exchange, including receipt of all required documentation. SDI anticipates filing final listing materials with the Exchange in the near term. SDI will issue a further news release as soon as the date for trading on the TSX-V has been confirmed.

For further information and Investor relations please contact:
Allen EZER, Exec. VP
T: 202-351-1633 (Direct)
T: 202-756-1960 (Office)
Or visit: www.securitydii.com

CAUTIONARY STATEMENT:
The TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This News Release includes certain “forward-looking statements”. All statements other than statements of historical fact are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. SDI undertakes no obligation to update forward-looking information except as required by applicable law.