ICTS International N.V. (NASDAQ: ICTS), today reported that on July 19, 2006 the Company received notice from the Nasdaq Stock Market that it was delisting the securities of the Company because the Company had not filed it's annual report on Form 20-F for the period ended December 31, 2005 as required by Marketplace Rule 4320(e)(12). The Company intends to notify the staff of the Nasdaq Stock Market that it was appealing the staff's determination to a Listings Qualification Panel. The Nasdaq Stock Market will notify the Company when a hearing on the Company's appeal will be held. According to the Rules, the delisting process will be stayed until the Listings Qualification Panel makes a decision on the Company's appeal. 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.
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