The title S*H*E stands for "Security Hazards Expert".
Pilot for a potential television series that was never picked up.
The promotional materials marketed the film as a female James Bond; it was written by Richard Maibaum, long-time scriptwriter of the James Bond film series.
The poster's tagline "She does it better than he!" is a reference to the song title and movie poster tagline "Nobody does it better" from the James Bond movie The Spy Who Loved Me (1977).
According to the book "Movies Made for Television", this film had absolutely nothing to do with H. Rider Haggard's "SHE".