ICR Systems, Inc. Announces 3 for 1 Stock Split


ORLANDO, Fla., April 6, 2004 (PRIMEZONE) -- ICR Systems, Inc. (Pink Sheets:ICRM) announced today that the company's Board of Directors has approved a three-for-one stock split of the company's outstanding shares of common stock. The stock split will entitle each stockholder of record at the close of business on the later of April 16, 2004 or approval from Nasdaq, to receive two additional shares for every outstanding share of common stock held. The additional shares from the split are expected to be distributed by the transfer agent on or about April 19, 2004. Upon the completion of the stock split, ICR Systems, Inc. will have approximately 82 million shares of common stock outstanding.

ICR Systems, Inc. Chairman and CEO, Trey Meehan, commented on the decision to split. "Our decision to split our stock at this time was based primarily on two reasons: 1. to help increase liquidity for our shareholders and 2. to make the stock price more affordable to investors in small-cap stocks. Both of these reasons allow investors to have easier access to obtaining an interest in ICR Systems, Inc."

Safe Harbor

This press release may contain forward-looking statements. The words "estimate", "possible" and "seeking" and similar expressions identify forward-looking statements, which speak only as to the date the statement was made. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted, or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risks.


            

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