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Thu, November 19, 2009

ICOP Expects Strong Fourth Quarter


Published on 2009-11-19 06:08:44 - Market Wire
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LENEXA, KS--(Marketwire - November 19, 2009) - ICOP Digital, Inc. (NASDAQ: [ ICOP ]), an industry-leading company engaged in advancing [ digital surveillance technology ] solutions, today announced that unit sales for the fourth quarter of 2009 are strong and expected to accelerate. Sales to date for the fourth quarter total approximately 70% of reported sales in the third quarter 2009, with a substantial pipeline of opportunities still slated to close before December 31, 2009.

"The current pipeline contains many large deals that are looking very promising for the fourth quarter," said Bob Bradley, National Director of Sales and Marketing for ICOP. "We have a domestic sales pipeline for up to 1400 units for the fourth quarter; however, we conservatively expect to receive orders for 300-500 additional units this quarter. We also remain optimistic about activity with our international dealers as they continue to work closely with us on opportunities outside of this pipeline," he added.

ICOP is also experiencing an increase in sales resulting from more agencies receiving their stimulus funding. In addition, international sales continue to build momentum for 2010.

"We are encouraged that our team is executing on the basic blocking and tackling to bring in the small to medium sized deals with consistency, and have continued to see the pipeline for larger opportunities grow as we target these strategic agencies," said Dave Owen, Chief Executive Officer at ICOP. "In addition, ICOP's 2010 pipeline is looking very strong. We recognize how fortunate we are to be growing, in this difficult economy."

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 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 ]

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 ].