ICR Systems Approves Stock Buyback Program


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."

"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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