ICOP Forms Alliance With Sparta
May 11 2010 - 10:45AM
Marketwired
ICOP Digital, Inc. (NASDAQ: ICOP), an industry-leading company
engaged in advanced mobile video technology solutions, today
announced that in accordance with a new strategic alliance with
ICOP, Sparta will offer a lease-financing alternative to ICOP's
customers under the their Municipal Lease Program. Sparta has
become a leader in the law enforcement market for municipal leases
and the relationship affords both companies the opportunity to
leverage existing relationships.
"We are pleased to be able to support agencies with financing
options, as the economy recovers. By partnering with Sparta, the
process is streamlined for agencies, and provides tremendous
flexibility," said Bob Bradley, Director of National Sales and
Marketing for ICOP Digital, Inc.
ICOP's product line includes a variety of state-of-the-art video
systems that are either facility or vehicle-based, and provide
live, streaming video for security and surveillance purposes. Until
now, ICOP's governmental customers had limited options versus
purchasing the systems outright with full payments made up front.
Through the new relationship with Sparta, local or state agencies
that want to acquire ICOP systems will now be able to lease the
equipment with the cost spread out over a period of time with
appreciably lower capital outlays in any given year, resulting in
the agency owning the systems at the end of the lease period.
Commenting on the new relationship with ICOP, Anthony Havens,
Sparta's CEO, said "Once again, a provider of important and
necessary equipment to a variety of governmental agencies has
recognized the value of Sparta's Municipal Lease Program as an
excellent and timely alternative to the traditional way of
purchasing that equipment. ICOP is a leader in their market sector,
and we are extremely pleased to be able to work with them in
advancing a more practical and economical way for their customers
to acquire the critical equipment they need. We're looking forward
to a long and mutually beneficial relationship with them."
Municipal leasing, as a method for law enforcement agencies to
acquire much needed equipment during tough economic times, was
recently featured in an article published by PoliceOne.com. The
article can be accessed at the following link:
http://www.policeone.com/police-products/investigation/video-surveillance/articles/2057746-Affording-in-car-video-in-tough-economic-times/
About ICOP Digital, Inc. ICOP Digital,
Inc. (NASDAQ: ICOP) is a leading provider of mobile video solutions
(i.e. in-car video) for Law Enforcement, Military, and Homeland
Security markets, worldwide. ICOP solutions help the public and
private sectors mitigate risks, reduce losses, and improve security
through the live streaming, capture and secure management of high
quality video and audio. www.ICOP.com
About Sparta Commercial Services, Inc.
Sparta Commercial Services is a New York-based, nationwide
financial services company dedicated to municipal and governmental
leasing. Sparta specializes in the financing of essential equipment
and services for the law enforcement and emergency response
communities. Sparta also offers financing and leasing products to
consumers and retail powersports dealers.
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For more information, contact: Melissa K. Owen Dir. of
Communications 16801 West 116th Street Lenexa, KS 66219 USA Phone:
(913) 338-5550 Fax: (913) 312-0264 Email Contact www.ICOP.com
For Investor Relations: DC Consulting, LLC Daniel Conway
Chief Executive Officer Phone: (407) 792-3332 Email Contact Email
Contact
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