ICTS International N.V. Strongly Denies Dept. of Labor Allegations
21 3월 2006 - 1:51AM
Business Wire
ICTS International N.V. (NASDAQ: ICTS), strongly denies allegations
brought by the Dept. of Labor (DOL) in a complaint filed against
Huntleigh USA Inc. a wholly owned subsidiary of ICTS International
N.V. The complaint alleges that Huntleigh underpaid airport
screeners while performing under the contract to transition
screening services to the TSA during the TSA takeover period from
February 15th through December of 2002. The complaint states that
the underpayments amounted to $7.1 million. In totally rejecting
this assertion, Mr. M. Atzmon, Chairman of ICTS stated "Huntleigh
believes it paid all that was required under the contract and
regulations to its faithful and appreciated employees, and it did
this in good faith even though Huntleigh had not been reimbursed by
the TSA for millions of dollars due to Huntleigh under the
transition contract." On July 14, 2004, Huntleigh filed a lawsuit
against the TSA to force the TSA to pay Huntleigh all of the sums
still due to it under the transition contract. The lawsuit against
the TSA is still pending. The issue of underpayment to airport
screeners was raised by the DOL about three years ago. Huntleigh
provided all the data and the relevant information to the DOL
demonstrating Huntleigh's faithful compliance with the contract.
The DOL was also long ago made aware of the legal action instituted
by Huntleigh against the TSA, and therefore the DOL's complaint and
criticism of Huntleigh are both incorrect and lack good faith.
Huntleigh strongly refutes the allegations mentioned in the DOL
complaint and it will take all necessary actions to prevail against
that complaint. 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 About
I-SEC Homeland Security B.V. (I-SEC HLS) I-SEC HLS developed
comprehensive solutions for the homeland security market. Its main
areas of activity include mass transportation and railroad
security; incident management and decision support systems;
security solutions for essential infrastructure and for
installations and sites at which large numbers of people
congregate; and more. www.i-sec-hls.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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