ICTS Icts International N.V (MM)

ICTS International N.V. (NASDAQ: ICTS), a leading provider of advanced security services, reported today that on June 9, 2006 the TSA filed with the Office of Dispute Resolution for Acquisition ("ODRA") a contract dispute in connection with the contract entered into in February, 2002 by Huntleigh USA Corp., a subsidiary of ICTS, seeking reimbursement of an alleged overpayment of principal in the amount of $59,177,763.94. This claim follows the lawsuit which Huntleigh has already filed against the TSA for its repeated breaches of its contract with Huntleigh. Both claims are now pending before ODRA. Huntleigh intends to vigorously challenge the TSA's claim which it asserts is devoid of any factual or legal merit. The TSA's filing comes on the heels of a recent decision by ORDA granting Huntleigh's motion for partial Summary Judgment against the TSA. ODRA has granted Huntleigh's motion for partial Summary Judgment on Huntleigh's claim that the TSA breached the contract by failing to give appropriate notice for transitioning airport locations. A separate hearing will be held to determine the amount of damages due to Huntleigh on this claim. Mr. Menachem Atzman chairman of ICTS stated that the TSA action in filing this claim is frivolous and totally unsupported. "We will fight this action vigorously on several fronts," he said. "I have no doubt that the facts are on our side and that we will prevail against the unjustified actions of the TSA against a company which has done everything in its power to protect the country during the stressful period after September 11th." About ICTS International N.V. ICTS specializes in the development and implementation of innovative security concepts and solutions designed to meet the needs of a variety of industries, mainly including transportation (aviation, railroad and other means of public transportation), border control and sensitive facilities. ICTS International benefits from over two decades of expertise and international operational experience in transportation security, with a particular emphasis on high-risk environments, passenger processing transactions and the integration of security services to provide a comprehensive security solution. It also offers a wide variety of customized training programs, tailored procedures and a wide range of security consulting services. The company has developed and implemented unique technological solutions, based on its comprehensive approach to security, designed to enhance the level of security while accelerating the security check process. www.icts-int.com 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.