ICTS International NV filed its 20-F on June 26, 2009 for the period ending December 31, 2008. In this report its auditor, Mahoney Cohen & Company, CPA, P.C., gave an unqualified opinion expressing doubt that the company can continue as a going concern.

ICTS International NV announced that at the annual meeting the shareholders held on December 17, 2008, the shareholders approved an amendment to the Articles of Association of the company by striking out, in its entirety, Article 13, Section 5 relating to the retirement age of 72 of officers and directors. Under Dutch law, this maximum age ceased to apply in April, 2003. The amendment became effective when filed March 3, 2009 under the Dutch law.

ICTS International NV appointed MHM Mahoney Cohen CPAs as the company's new auditor as approved by the Audit Committee of the Board of Directors on January 8, 2009. The company was notified that the shareholders of Mahoney Cohen & Company, CPA, P.C., became shareholders of Mayer Hoffman McCann P.C pursuant to an asset purchase agreement. The New York practice of Mayer Hoffman McCann P.C. now operates under the name MHM Mahoney Cohen CPAs.