ICTS Icts International N.V (MM)

ICTS International N.V. (NASDAQ: ICTS) today reported that it is entering into the railroad security business which will be headed by Mr. H. Graf, who has had ten years experience in the field and is considered a world leader in railroad security. The new division under Mr. Graf is actively marketing its products to the rail and transportation market and is under negotiation with several significant potential customers. The Company expects contracts to be announced in the near future. Mr. Menachem Atzmon, Chairman of the Supervisory Board of ICTS, stated that he "sees great potential in the rail and land transportation market and sees this activity as an important component in the future of the Company." Mr. Atzmon further stated that Mr. Graf's knowledge and experience in the important area of rail security will also be used in connection with ICTS's ongoing operations in other security fields. For the past ten years Mr. Graf has headed the Israeli railways security division, during which time he developed and implemented an entire concept of rail security, covering terminals, stations infrastructure, cargo, passenger, procedures, man power, training hardware and software. About ICTS: ICTS has interests in a variety of businesses and ventures. Its 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 activities consist primarily of developing integrated technological solutions designed for enhancing the processing time of passengers at airports and other gateways and establishing and operating motion-based entertainment theaters 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.