SOURCE: ICT Technologies, Inc.

September 24, 2007 17:56 ET

ICT Technologies, Inc. Has Signed a Deal With Verizon Communications as an Agent of Its FiOS TV, FiOS Internet, Verizon High Speed Internet, and Voice Services

PORT CHESTER, NY--(Marketwire - September 24, 2007) - ICT Technologies, Inc.'s (PINKSHEETS: ICTT) Europhone USA subsidiary has signed a 3-year agreement with Verizon Communications as an authorized agent of Verizon's FiOS TV and FiOS Internet services, and Verizon High Speed Internet and voice services.

Verizon FiOS is the brand name for the new services offered over Verizon's advanced fiber-optic broadband network. Verizon is the only major telecom company that is installing fiber-optic lines directly to customers' homes on a mass scale across the country.

ICT Technologies, Inc., the maker of Eugro Brand Full HD LCD 1080p Flat Screen Televisions, will market Verizon's FiOS services alongside of ICT Technologies, Inc.'s state-of-the-art Eugro Full HD Flat Screen TVs at highly trafficked mall locations beginning in Northern New Jersey and Long Island, NY. The first three locations should be open by November 2007, in time for the holiday season.

Consumers will be able to purchase Eugro HD TVs with a deferred same as cash payment when visiting the ICT Technologies' locations.

About ICT Technologies: ICT Technologies, Inc. is a public company with subsidiaries operating as manufacturers or distributors of: transportation vehicles, telecommunications handsets and services, and consumer electronics and durable goods. The structuring and strategic planning of this company has taken place over the past year in preparation for the launch of its products through distribution relationships similar to the Verizon Agreement.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements in this news release looking forward in time involve risks and uncertainties, including the risks associated with the effect of changing economic conditions, trends in the products markets, variations in the company's cash flow, market acceptance risks, technical development risks, seasonality and other risk factors detailed in the company's Securities and Exchange Commission filings. Mention of any other companies not controlled by ICT Technologies, Inc. in the above press release does not imply endorsement, by those companies, of ICT Technologies, Inc. securities. Other than the brand of Eugro, all other brands mentioned or brands associated with companies mentioned in this press release are the property of those companies and are not owned by ICT Technologies, Inc.

Contact Information

  • Contact:
    ICT Technologies, Inc. Media Relations
    Glenn M Russo
    Director of Financial Strategies
    181 Westchester Avenue
    Port Chester, New York 10573
    Email Contact
    914-937-3900