SOURCE: ICOP Digital, Inc.

ICOP Digital, Inc.

August 07, 2009 09:00 ET

ICOP Digital Provides Guidance for Exercising Its Class B Warrant, "ICOPZ"

LENEXA, KS--(Marketwire - August 7, 2009) - ICOP Digital, Inc. (NASDAQ: ICOP), an industry-leading company engaged in advancing digital surveillance technology solutions, today provided guidance to the market regarding exercising its Class B warrants (NASDAQ: ICOPZ). Per the Company's most recent offering, the Class B warrant entitles its holder to purchase one share of common stock at an exercise price of $0.42 per share.

In order to exercise a warrant, the warrant holder must contact his or her broker, who will be able to electronically exercise the warrant for common shares of ICOP Digital, Inc. through a system operated by The Depository Trust & Clearing Corporation (DTCC). The Class B warrants are scheduled to expire on December 2, 2009.

Dave Owen, Chairman and Chief Executive Officer at ICOP stated, "I am pleased that our shareholders will be able to easily and efficiently exercise these warrants through their broker electronically. There are 8,970,000 Class B warrants, which will provide approximately $3.8 M in additional capital to the company if fully exercised."

About ICOP Digital, Inc.

ICOP Digital, Inc. (NASDAQ: ICOP) is a leading provider of mobile video solutions for Law Enforcement, Fire, EMS, Military, and Transportation 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

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 per share price of the Company's common stock may experience significant fluctuations, so there can be no assurance that holders exercising Class B warrants will profit from such exercise. Neither can there be any assurance that all Class B warrants will be exercised, and the Company could therefore receive significantly less than $3.7M in additional capital. Additional information with respect to these and other factors, which could materially affect the Company and its operations, are included in the Company's most recent annual report and registration statement filed with the Securities and Exchange Commission and which are available from the Company without charge or at http://www.sec.gov.

Contact Information

  • 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
    Email Contact
    www.ICOP.com

    For Investor Relations:
    DC Consulting, LLC
    Daniel Conway
    Chief Executive Officer
    Phone: (407) 792-3332
    Email Contact
    Email Contact