ICTS International N.V. Announces USD $20 Million Investment By Venture Growth-equity Fund Oak HC/FT into ABC Technologies B.V., Parent of AU10TIX Limited

General News

Summary

AU10TIXs portfolio of services includes: forensic level ID authentication, identity verification, screening, and advanced biometrics. ICTS specializes in the development and implementation of innovative security concepts and solutions designed to meet the needs of a variety of industries, mainly aviation transportation, border control and sensitive facilities. This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, regarding the ICTS business strategy and future plans of operations. Forward-looking statements involve known and unknown risks and uncertainties, both general and specific to the matters discussed in this press release. These and other important factors, including those mentioned in various Securities and Exchange Commission filings made periodically by ICTS, may cause ICTS actual results and performance to differ materially from the future results and performance expressed in or implied by such forward-looking statements.

Classifications

industries
Fintech & Banking
applications
Web and Content Management

AskAI Classifications

Labels
Identity Verification Software Fraud Detection Software Biometric Verification Software

Linked Companies

AU10TIX
$10M to $25M