ICOP Digital Provides Guidance for Exercising Its Class B Warrant, "ICOPZ"
August 07 2009 - 8:00AM
Marketwired
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.
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
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