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ICTS Icts International N.V (MM)

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Share Name Share Symbol Market Type
Icts International N.V (MM) NASDAQ:ICTS NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

ICTS International N.V.: Company Receives Security Contracts in European Airports

25/08/2005 4:14pm

Business Wire


Icts International N.V (MM) (NASDAQ:ICTS)
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ICTS International N.V. (NASDAQ: ICTS), a leading provider of advanced security services, reported today that its wholly owned subsidiary, International Security BV (I-SEC), has received two contracts from a major airline for security services in two major cities in Europe. The contracts commence in October 2005. Mr. Menachem Atzmon, Chairman of ICTS, stated, "This is a significant breakthrough in ICTS's re-entering into the airport security market in Europe following the announcement made earlier this year." He further stated that he "expects that more contracts will be obtained in Europe in the near future." About ICTS ICTS current principal activity consists of providing manpower based aviation security services in The Netherlands and non-security related manpower based general aviation services in the USA. Its other security activities consist primarily of the development of integrated technological solutions designed to reduce processing time of passengers at airports while maintaining high security level and other products to enhance security services in non-aviation security services. ICTS has interests in a variety of businesses and ventures including the establishment and the operation of motion-based entertainment theatres in the USA. This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, regarding the Company's business strategy and future plans of operations. Forward-looking statements involve known and unknown risks and uncertainties, both general and specific to the matters discussed in this press release. These and other important factors, including those mentioned in various Securities and Exchange Commission filings made periodically by the Company, may cause the Company's actual results and performance to differ materially from the future results and performance expressed in or implied by such forward-looking statements. The forward-looking statements contained in this press release speak only as of the date hereof and the Company expressly disclaims any obligation to provide public updates, revisions or amendments to any forward-looking statements made herein to reflect changes in the Company's expectations or future events.

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