ORLANDO, Fla., Oct. 26, 2004 (PRIMEZONE) -- ICR Systems, Inc. (Pink Sheets:ICRX) announced today that its Board of Directors has approved a share repurchase program to retire up to 5% of the Company's outstanding stock.
ICR Systems Chairman, Trey Meehan, commented, "Our share price is currently at a level where we believe one of the best uses of our funds is to repurchase shares of our common stock and reduce the shares outstanding. We will look to repurchase up to 5% of the outstanding stock in both open market and private party transactions."
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