LENEXA, KS, Jul 23 (MARKET WIRE) —
ICOP Digital, Inc. (NASDAQ: ICOP), an industry-leading company engaged in
advanced mobile video technology solutions, today announced that it has
been notified by The Nasdaq Stock Market LLC that the Company has met the
requirements of the March 24, 2010 decision of the Listing Qualifications
Panel of The NASDAQ Stock Market LLC (the “Panel”), and that the Panel
has determined to continue the listing of the Company’s securities on The
NASDAQ Stock Market.
Additionally, effective July 21, 2010, the Company’s trading symbol was
restored from ICOPD to ICOP.
About ICOP Digital, Inc.
ICOP Digital, Inc. (NASDAQ: ICOP) is a leading
provider of in-car video and mobile video solutions for Law Enforcement,
Fire, EMS, Military, and Homeland Security markets worldwide. ICOP
solutions help the public and private sectors mitigate risks, reduce
losses, and improve security through the live streaming, capture and
secure management of high quality video and audio. www.ICOP.com
Forward-Looking Statements
This document contains forward-looking
statements. You should not rely too heavily on forward-looking statements
because they are subject to uncertainties and factors relating to our
operations and business environment, all of which are difficult to
predict and many of which are beyond our control. 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. This, plus other uncertainties and factors described in
our most-recent annual report and our most-recent prospectus filed with
the Securities and Exchange Commission, could materially affect the
Company and our operations. These documents are available electronically
without charge at www.sec.gov.
For more information, contact:
Melissa K. Owen
Dir. of Communications
16801 West 116th Street
Lenexa, KS 66219 USA
Phone: (913) 338-5550
Fax: (913) 312-0264
mowen@ICOP.com
www.ICOP.com
For Investor Relations:
DC Consulting, LLC
Daniel Conway
Chief Executive Officer
Phone: (407) 792-3332
investorinfo@ICOP.com
daniel@dcconsultingllc.com
Copyright 2010, Market Wire, All rights reserved.
UK Madoff liquidators file U.S. bankruptcy petition
MIAMI (Reuters) – The British liquidators of convicted swindler Bernard Madoff’s London securities trading firm filed a petition in U.S. bankruptcy court on Tuesday and sued Madoff’s brother for the return of a rare Aston Martin car.
The liquidators, appointed by England’s High Court of Justice for Madoff Securities International Ltd (MSIL), filed the case in federal court in West Palm Beach, Florida, under Chapter 15 of U.S. bankruptcy laws, which deals with insolvency cases involving more than one country.
The petition will allow the liquidators, Stephen John Akers, Mark Richard Byers and Andrew Laurence Hosking, “to marshal assets that may have been fraudulently transferred from MSIL to individuals residing with the jurisdiction of the Court,” court documents said.
In a companion lawsuit, the liquidators sued to recover a 1964 Aston Martin bought through “the improper and unauthorized diversion of funds from MSIL’s accounts,” court papers said.
Madoff, the disgraced New York financier who once headed the NASDAQ stock market, pleaded guilty on March 12 to running the biggest investment fraud in Wall Street history, involving as much as $65 billion. He was immediately jailed and could be sent to prison for life when sentenced in June.
MSIL, his London company, employed 28 workers, including 14 traders, at its offices in London’s Mayfair District, the suit said.
The company traded for Madoff’s personal accounts and those of his relatives, and the accounts were used by Madoff to buy “valuable personal assets such as luxury yachts, automobiles and furnishings for himself and members of the Madoff family,” the petition said.
Two wire transfers, made from an MSIL account last year and totaling 135,000 pounds, were used to buy a 1964 Aston Martin delivered to Madoff’s brother Peter Madoff, a director and manager of MSIL, at his home in Palm Beach, Florida, the lawsuit said.
MSIL suffered losses in excess of $235,000 as a result. The petition seeks the return of the car and punitive damages.
The liquidators asked the U.S. federal bankruptcy court to recognize the British liquidation case and filed an ancillary case under Chapter 15, which helps resolve cases involving debtors, assets and claimants in multiple countries.
Neither Peter Madoff nor his lawyer were immediately available for comment.
(Reporting by Jim Loney; Editing by Pascal Fletcher; Editing by Andre Grenon)