ICTS Icts International N.V (MM)

ICTS International N.V. (NASDAQ: ICTS), announced that it has signed two mass transportation and railroad security agreements in two Western European countries, one in a major city, and the other in a large region. The projects are to provide a comprehensive security solution to the mass transportation systems, including buses, above and underground railways and all other types of mass transportation facilities. The initial stage of these two projects will be to perform a comprehensive threat and risk assessment, as part of a long-term program to define customized security concepts and systems. Mr. Menachem Atzmon, the Chairman of the Company, stated that " I am very excited about the contracts, it proves that the decision to enter the rail and mass transportation market was the right one. These two contracts prove that the Company's know how and technology is reaching beyond the Aviation Industry. This development is opening the Company up to new opportunities in the Home Land Security Business." The two projects are being carried out by the Company's wholly-owned subsidiary, I-SEC HLS (www.isec-hls.com). The Company is also working on several additional proposals for similar contracts. 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.