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ICTS Europe Holdings BV with New Supervisory Board

Dépèche transmise le 2 juillet 2009 par Business Wire

ICTS Europe Holdings BV with New Supervisory Board

AMSTERDAM & FRANKFURT AM MAIN, Germany--(BUSINESS WIRE)--ICTS Europe Holdings BV, leading provider of transport and general security services announced today the constitution of its new Supervisory Board. After successful completion a year ago of the sale process from Fraport to DBAG, funds managed by DBAG and ICTS Europe Holdings BV’s management, ICTS Europe Holdings BV has engaged highly qualified industry leaders to strengthen the company’s position.

The Supervisory Board, which will be led by its chairman Mr. Geert Wirken, will counsel ICTS Europe Holding BV’s Executive Board of Directors on a wide variety of issues, including the expansion of the business, as well as development and implementation of new products and services.

To quote Mr. Zamir Eldar, CEO and President of ICTS Europe Holdings BV: ”Our Supervisory Board members are amongst the most distinguished executives in their fields worldwide and we are thrilled to have direct access to their top-notch expertise. They will help us to enhance the current and future industry needs and focus our energies and R&D into further innovative solutions aiming to improve our customers’ competitiveness. I am sure that our Supervisory Board members' particular knowledge, global reputation and exceptional involvement will be a valuable resource to ICTS Europe Holdings BV as we rapidly continue to expand and strengthen our leadership in the industry”.

ICTS Europe Holdings BV’s new Supervisory Board consists of the following members:

Secretary Norman Y. Mineta,former US Secretary of Commerce and US Secretary of Transportation is vice chairman of Hill & Knowlton, a global public relations company based in its Washington, DC office. He provides counsel and strategic advice to Hill & Knowlton’s clients on a wide range of business and political issues utilising his vast expertise and experience in transportation (aviation, surface transportation, and infrastructure) and national security.

Secretary Mineta was a member of the US Congress for over twenty years, after which he served in the Cabinets of both Republican and Democratic presidents. He was appointed Secretary of Commerce in the cabinet of President Clinton in 2000. In 2001 he was appointed the Secretary of Transportation by President George W. Bush in 2001. Following the terrorist acts of September 11, 2001, Secretary Mineta guided the creation of the Transportation Security Administration, an agency with more than 65,000 employees, and the largest mobilization of a new federal agency since World War II. In July 2006 he resigned to join Hill & Knowlton.

Mr. Robert J. Aaronson is a well-known aviation executive who has had significant international experience over the past thirty years dealing with the airport business from every perspective.

He held the position of Director General of Airports Council International from 2002 to 2008. Before that he has had direct responsibility for the management and development of six major US airports. These include John F. Kennedy International Airport, La Guardia Airport and Newark International Airport. His tenure in New York from 1981 to 1989 was preceded by service in the US Government as the top official in the Federal Aviation Administration responsible for nationwide airport standards, safety and development. From 1989 to 1992, Mr. Aaronson was President and Chief Executive Officer of the Air Transport Association of America (ATA), the trade group of the major North American passenger and cargo airlines. In 1993, he became Executive Vice President and General Manager of Lockheed Air Terminal – which became Airport Group International (AGI) and was one of the first firms engaged in worldwide airport development and operations.

He was also President of the (US) National Association of State Aviation Officials, Chairman of Airports Council International (North America) and President of the Wings Club (in New York).

Mr. G.N.G. (Geert) Wirken, has worked as financial officer in various industry sectors for over 30 years. Educated as a Chartered Accountant in Holland and at the London Business School in business administration, he served as Member of the Management Board and CFO of Ballast Nedam N.V. (construction) for 16 years until 2003. He is a member of numerous supervisory boards. He serves as chairman at Batenburg Beheer N.V., (a stock-listed company), he is member and chairman of the audit committee of Bauer A.G. (Germany, stock-listed), Chairman Egeria Investments B.V., Chairman of Winters Bouw- en Ontwikkeling B.V., Chairman Vendor Holding Tilburg B.V., Vice- chairman Rabobank Breda, Chairman Nibo N.V., Chairman Holonite B.V., Member Board of the Rabobank Pension Fund) as well as being the CEO of Valkrust Consultancy BV (corporate finance and strategy consultancy).

Mr. André Mangin has worked in Europe’s financial services sector for almost 25 years in the areas of private equity, corporate finance and investment banking.

Educated at the University of Hamburg in Germany where he studied Law, he held various positions at BHF Bank AG and worked for Baring Brothers and Merrill Lynch, before joining Deutsche Beteiligungs AG in 2001. He has been a member of the DBAG Board since 2004, being responsible for several portfolio companies.

Mr Jens Hölscher has worked in private equity, corporate finance and accounting industry for over 12 years. Educated at the Johann-Wolfgang Goethe University of Frankfurt am Main in Germany where he studied Business administration, he worked for Braun AG and Arthur Andersen consulting strategic and financial investors on acquisitions throughout Europe. He joined DBAG in 2001, being Senior Vice President since 2006 with a broad investment expertise in the service industry segment.

About ICTS Europe

ICTS Europe Holdings BV is a leading provider of aviation security services with a presence at over 80 locations worldwide, with a workforce of over 10,000 employees and a customer base of over 200 clients, airlines, airports, ports, railways, cargo companies, and governments.

With 20 years of experience, ICTS Europe is unique in its unrivalled depth of operational know-how, management expertise as well as innovative in its product & solutions to the high risk security industry. This is reflected in the introduction and widespread use of a variety of systems and services, such as: Eagle (CBT), RASCargO™, passenger interviewing, travel document verification, cargo security, integrated services, auditing, consultancy and training.