Icop Provides Preliminary Look At First Quarter Results
03 April 2006 - 5:00PM
PR Newswire (US)
Re-order Rate Climbs to 40% LENEXA, Kan., April 3
/PRNewswire-FirstCall/ -- ICOP Digital, Inc. (Nasdaq:ICOP; NYSE
Arca:ICOP), a leading provider of digital in-car video systems for
law enforcement, today announced that based on its preliminary
review of the number of ICOP Model 20/20(TM) in-car video units and
backend servers shipped in the first quarter, total revenues on a
sequential quarter over quarter basis are expected to reflect an
increase of approximately 51%, rising to approximately $800,000 for
the three months ended March 31, 2006. The revenue expectation is
based on units shipped to 20 new customers and 15 existing
customers. Moreover, the percentage of re-orders, based on total
customers as of March 31, 2006, has increased to 40%, up from 30%
as of December 31, 2005. About ICOP Digital, Inc. ICOP Digital,
Inc. is a Kansas-based company that delivers innovative,
mission-critical security, surveillance, and communications
solutions that provide timely and accurate information for the
public and private sectors, and monitor and protect people, assets
and profits. The ICOP Model 20/20(TM) is the leading digital in-car
video recorder system for use by law enforcement. ICOP Digital is
currently marketing its solutions for application in law
enforcement, homeland security and defense, mass transit and
commercial surveillance. ICOP Digital, an approved GSA contractor,
is dual listed on the NASDAQ market and the NYSE Arca, and the
common stock and warrants trade under the ticker symbols "ICOP" and
"ICOPW," respectively. For more information, please visit
http://www.icop.com/ , or view a 3-minute movie about ICOP at
http://www.impactmovie.com/ICOP . Safe Harbor Statement This
document contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. Such
statements are subject to risks and uncertainties that could cause
actual results to vary materially from those projected in the
forward-looking statements. The company may experience significant
fluctuations in future operating results due to a number of
economic, competitive, and other factors, including, among other
things, our reliance on third-party manufacturers and suppliers,
government agency budgetary and political constraints, new or
increased competition, changes in market demand, and the
performance or reliability of our products. These factors and
others could cause operating results to vary significantly from
those in prior periods, and those projected in forward-looking
statements. Additional information with respect to these and other
factors, which could materially affect the company and its
operations, are included in certain forms the company has filed
with the Securities and Exchange Commission. For more information,
contact: Laura E. Owen, COO 16801 West 116th Street Lenexa, KS
66219 USA Phone: (913) 338-5550 Fax: (913) 312-0264
http://www.icop.com/ For Investor Relations: Elite Financial
Communications Group, LLC Dodi Handy, President and CEO Phone:
(407) 585-1080 DATASOURCE: ICOP Digital, Inc. CONTACT: Laura E.
Owen, COO of ICOP, Inc., +1-913-338-5550, ; or Dodi Handy,
President and CEO of Elite Financial Communications Group, LLC,
+1-407-585-1080, Web site: http://www.icop.com/
http://www.impactmovie.com/ICOP
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