Sale of the MUSC Group

5 September 2011

ICTS Europe Holdings BV has completed the sale of their majority shareholding in the MUSC Group to the management.??David Miers, Chief Operating Officer of ICTS Europe, welcomed the sale, stating: “We believe that this transaction will enable us to refocus our efforts on our core business, whilst allowing the successful MUSC management team the opportunity to continue their growth into new markets. We wish them every success for the future”.The management team of Graham Shaw, Chris Austen and Barbara Still will continue to provide high quality services in the maritime and underwater security sector.

The management team was advised during this transaction by Arkios Ltd.