Fraport's Security Subsidiary Continues Expansion into Maritime Security Market

FRANKFURT (Germany) 24.01.05 (PROTEXT) - ICTS Europe HoldingsB.V., a wholly owned subsidiary of Fraport AG Frankfurt AirportServices Worldwide, recently acquired a majority stake inMaritime and Underwater Security Consultants (MUSC), a leadingprovider of international ship, port and supply-chain securityconsultancy services. ICTS Europe, which is Europe's largestprovider of aviation security services, launched its expansioninto the maritime security market last summer. MUSC is one of the longest-established specialists inmaritime and cargo security in the world. Based in London, MUSChas offices in Houston, Lagos, Piraeus Singapore and Tallinn. Thecompany also has recognized security organization (RSO) status insome 17 countries. Indeed, during its 30-year history MUSC hasoperated in most parts of the world. Since the mid-1970's MUSC has served as the accreditedconsultant to Lloyd's of London (Underwriters) for the marine andenergy markets, covering a wide range of maritime risks. MUSCcooperates with Lloyd's Register Fairplay and Jane's InformationGroup for the provision of the Sea-Sentinel, a web-based servicefor security and operational information at more than 8,000 portsand terminals around the world. Sea-Sentinel won the prestigious DPA Award for best newlaunch of 2004. In John Burnett's book Dangerous Waters, thecompany was described as "one of the busiest anti-terrorist,anti-piracy companies in the world." Zamir Eldar, ICTS Europe's chief executive officer, said:"Together, ICTS Europe and MUSC will be able to provide clientswith a complete maritime security service, from the initialassessment and planning and design, through to equipmentprovision and leasing, systems integration and on-siteimplementation and training. With MUSC's expertise in port andship security, and ICTS's unrivalled security operational know-how, we are ideal partners with complementary services. Thus,customers benefit from cost effective, innovative and completesecurity solutions." Chris Austen, MUSC's chief executive officer, said: "We aredelighted that this new relationship with ICTS Europe will enableus to offer turnkey solutions with lease or finance options, aswell as security services tailored to individual operations. Thisintegrated approach will allow us competitively to provide ourclients with the full range of services." Ashley Reeve, ICTS Europe's recently appointed new manager ofmaritime security, said: "The new relationship is the first stagein our maritime expansionprogram and represents an important step in realizing ourambitions in this dynamic market." The maritime environment oftenrequires a variety of solutions; thus, ICTS Europe's transportsecurity expertise is important. For example, ICTS Europe'sRASCargO(tm) system - which provides fast, efficient and cost-effective screening for air cargo - is also ideally suited to themaritime world, providing the only efficient and inexpensivemethod for screening containers, ships stores, and other largeitems. Operating through 18 independent subsidiaries in 14 Europeancountries, ICTS Europe Holdings B.V. is a major supplier ofaviation security services to about 50 airports throughout theregion. Its customer base comprises more than 100 airlines,airports, cargo companies, and government agencies. The companynow has about 10,000 employees. ICTS Europe's main business isaviation security, but the company is increasingly providingmaritime security services such as people and baggage screening,patrolling, guarding and access-control systems for the cruise-ship industry. For More Information, Please Contact: ICTS Europe Holdings B.V. Tel.: +31.20567.5222; Fax: +31.20567.5239 E-mail: mail@ictseurope.com; www.ictseurope.com Fraport AG Frankfurt Airport Services Worldwide Robert A. Payne, B.A.A. - Manager International Press Press Office (Dept. UKM-PS), Corporate Communications (UKM) 60547 Frankfurt am Main, Federal Republic of Germany Tel.: +49 69.690.78547; Fax: +49.69.690.60548; E-mail: r.payne@fraport.de; Internet: www.fraport.de

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