COMPANY DATA:  COMPANY  CONFORMED NAME: ICT  TECHNOLOGIES  INC CENTRAL
     INDEX  KEY:  0001005663  STANDARD  INDUSTRIAL  CLASSIFICATION:RETAIL-RETAIL
     STORES,  NEC [5990] FISCAL YEAR END: 1231 FILING VALUES:  FORM TYPE:  10QSB
     SEC ACT: 1934 Act SEC FILE NUMBER: 000-29805 FILM NUMBER:


         BUSINESS ADDRESS:
                  STREET 1:                 33 WEST MAIN STREET
                  CITY:                     ELMSFORD
                  STATE:            NY
                  ZIP:                      10523
                  BUSINESS PHONE:   9145921700

         MAIL ADDRESS:
                  STREET 1:                 33 WEST MAIN STREET
                  CITY:                     ELMSFORD
                  STATE:            NY
                  ZIP:                      10523










































                                  UNITED STATES

                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                   FORM 10-QSB

        [X] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
                              EXCHANGE ACT OF 1934

                For the quarterly period ended September 30, 2003

             [ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE
                                  EXCHANGE ACT

                For the transition period from ------- to -------

                        Commission file number 000-29805

                             ICT Technologies, Inc.

        (Exact name of small business issuer as specified in its charter)

                               Delaware 13-4070586
         (State or other jurisdiction (IRS Employer Identification No.)
                        of incorporation or organization)

                             ICT Technologies, Inc.
                   33 W Main Street, Elmsford, New York 10523
                                 (914) 592-1700

              (Address and telephone number of principal executive
             offices, principal place of business, and name, address
                              and telephone number)

Indicate by check mark whether  registrant (1) has filed all reports required to
be filed by Section 13 or 15(d) of the  Securities  Exchange  Act of 1934 during
the  preceding 12 months (or for such  shorter  period that the  registrant  was
required  to file  such  reports),  and  (2) has  been  subject  to such  filing
requirements for the past 90 days. Yes [X] No [ ]

Indicate the number of shares  outstanding  of each of the  issuer's  classes of
common stock, as of the latest practicable date.

Common Stock, par value $0.001, 86,116,492 shares outstanding as of November 17,
2003

Transitional Small Business Disclosure Format (check one): Yes [ ] No [X]

<PAGE>






                               ICT TECHNOLOGIES, INC.
                                 TABLE OF CONTENTS

Special Note Regarding Forward Looking Information.............................1

PART I - FINANCIAL INFORMATION

Item 1. Financial Statements (Unaudited).......................................3
        Notes to Financial Statements..........................................8
Item 2. Management's Discussion and Analysis of Financial Condition and
        Results of Operations.................................................11
Item 3. Controls and Procedures...............................................16

PART II - OTHER INFORMATION

Item 1. Legal Proceedings.................................................... 17
Item 2. Changes in Securities and Use of Proceeds............................ 18
Item 3. Defaults Upon Senior Securities...................................... 18
Item 4. Submission of Matters to a Vote of Security Holders.................. 18
Item 5. Other Information.................................................... 18
Item 6. Exhibits and Reports on Form 8-K..................................... 18

SIGNATURES.................................................................19-23


<PAGE>





































QUARTERLY REPORT ON FORM 10QSB FOR ICT TECHNOLOGIES, INC.
SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS

To the extent that the  information  presented in this Quarterly  Report on Form
10-QSB for the quarter ended September 30, 2003 discusses financial projections,
information  or  expectations  about the products or markets of our Company,  or
otherwise   makes   statements   about  future  events,   such   statements  are
forward-looking.  We are making these forward-looking  statements in reliance on
the safe harbor  provisions of the Private  Securities  Litigation Reform Act of
1995.   Although  we  believe   that  the   expectations   reflected   in  these
forward-looking  statements  are based on  reasonable  assumptions,  there are a
number of risks and  uncertainties  that could  cause  actual  results to differ
materially from such forward-looking  statements.  These risks and uncertainties
are described,  among other places,  in our Annual Report on Form 10-KSB for the
year ended  December  31, 2002 under  "Management's  Discussion  and  Analysis".
Readers  are  cautioned  not to place undue  reliance  on these  forward-looking
statements, which speak only as of the date hereof.

In  addition,  we  do  not  undertake  hereby  any  obligations  to  update  any
forward-looking  statements to reflect events or circumstances after the date of
this Quarterly Report. When considering such forward-looking statements, readers
should  keep in mind  the  risks  referenced  above  and  the  other  cautionary
statements in this Quarterly Report.

Descriptions of our suppliers and their operations contained herein are taken in
part from corporate web sites and other sources that are believed to be accurate
but as to which we cannot guarantee accuracy.


































                                                                   1

<PAGE>
                          PART I FINANCIAL INFORMATION

ITEM 1.  FINANCIAL STATEMENTS

The  condensed  consolidated  financial  statements  included  herein  have been
prepared by the Company, without audit, pursuant to the rules and regulations of
the  Securities  and  Exchange  Commission.  Certain  information  and  footnote
disclosures  normally  included in financial  statements  prepared in accordance
with generally  accepted  accounting  principles  have been condensed or omitted
pursuant to such rules and  regulations,  although the Company believes that the
disclosures are adequate to make the information presented non-misleading.

In the  opinion of the  Company,  all  adjustments,  consisting  of only  normal
recurring adjustments, necessary to present fairly the financial position of the
Company as of September 30, 2003,  and the results of its operations and changes
in its financial position from January 1, 2003, through September 30, 2003, have
been  made.  The  results  of its  operations  for such  interim  period are not
necessarily  indicative of the results to be expected for the entire year. These
condensed financial  statements should be read in conjunction with the financial
statements  and notes thereto  included in the  Company's  Annual Report on Form
10-KSB for the year ended December 31, 2002.


                          INDEX TO FINANCIAL STATEMENTS

Balance Sheet as of September 30, 2003 (Unaudited) and December 31, 2002     F-3

Statement of Operations for the nine months ended September 30, 2003
(Unaudited) and 2002                                                   F-4 - F-5

Statement of Stockholders' Equity for the nine months ended
September 30, 2003                                                           F-6

Statement of Cash Flows for the nine months ended September 30, 2003
(Unaudited) and 2002                                                         F-7

Notes to Financial Statements                                         F-8 - F-10

























                                                                   2

<PAGE>
                                                        ICT TECHNOLOGIES, INC.
                                                      CONSOLIDATED BALANCE SHEET

                                              September 30,        December 31,
                                                  2003                 2002
                                                Unaudited
Current assets

   Cash and cash equivalents                    $   22,802           $267,735
   Accounts receivable                             157,650            120,745
   Inventory                                       337,953            336,590
   Prepaid expenses                                                     2,797
                                                 ---------          ---------
Current assets                                  $  518,405           $727,867

Property and equipment-net                          38,127             49,761

Other assets
   Security deposit                                  5,000              5,000
   Goodwill                                        324,569            324,569
                                                 ---------          ---------
Total other assets                                 329,569            329,569

Total assets                                       886,101          1,107,197
                                                 =========          =========

       Liabilities and Stockholders Equity

Current liabilities
   Accounts payable and accrued expenses          $277,986           $121,475
   Payroll taxes                                   156,617
   Bank lines of credit                            357,514            434,547
   Officer loans payable                         1,588,283            818,890
                                                 ---------          ---------


Total current liabilities                        2,380,400          1,374,912
                                                 ---------          ---------
Stockholders equity
Preferred stock authorized 10,000,000
 shares $0.001 par value each
 At September 30, 2003 and December 31, 2002 there
 are -0- shares outstanding respectively
Common stock authorized
 200,000,000 shares $.001 par value each,
At September 30, 2003 and December 31, 2002,
 there are 86,103,492 and 92,043,492
 shares outstanding respectively                    86,103             92,043
Common stock subscribed                            151,600            112,100
Additional paid in capital                       2,023,384          1,917,944
Retained earnings                               (3,755,386)        (2,389,802)
                                                 ---------          ---------
Total stockholders equity                       (1,494,299)          (267,715)
                                                 ---------          ---------
Total liabilities and stockholders equity       $  886,101         $1,107,197
                                                 =========          =========

See notes to accompanying financial statements


                                                                  F-3

<PAGE>
                              ICT TECHOLOGIES, INC.
                      CONSOLIDATED STATEMENT OF OPERATIONS
                            FOR THE NINE MONTHS ENDED

                                         September 30,     September 30,
                                             2003               2002
                                           Unaudited         Unaudited

Revenue
   Durable goods                             $39,965          $106,000
   Long distance telephone                    20,348            14,745
   Prepaid telephone cards
    and internet CD's                        104,837           223,050
                                            --------          --------
Total revenues                               165,150           343,795


Cost of goods sold
   Durable goods                              29,221            73,000
   Prepaid telephone cards
    and internet CD's                         77,696            98,325
                                            --------          --------
Total cost of goods sold                     106,917           171,325

Gross profit                                  58,233           172,470


Operating expenses
  Selling, general and administrative      1,396,526         1,239,916
  Depreciation                                11,634            13,350
                                            --------          --------
Total operating expenses                   1,408,160         1,253,266

Income (loss) from operations             (1,349,927)       (1,080,796)
Other income

  Interest income                                  2                98
  Interest expense                           (21,659)
                                             --------           --------
Total other income                           (21,657)               98

Net income (loss)                        $(1,371,584)      $(1,080,698)

                                            =========        =========
Net loss on per
  share basis                                $(0.02)          $(0.01)
                                            =========        =========
Weighted average
 number of shares                          85,790,120       91,682,175
 outstanding                                =========        =========

See accompanying notes to financial statements








                                                                  F-4

<PAGE>
                              ICT TECHOLOGIES, INC.
                      CONSOLIDATED STATEMENT OF OPERATIONS
                           FOR THE THREE MONTHS ENDED

                                         September 30,     September 30,
                                              2003              2002
                                           Unaudited         Unaudited
Revenue
   Durable goods                             $39,965
   Long Distance telephone                       465           $106,000
   Prepaid telephone cards
    and internet CD's                         24,330            292,329
                                            --------           --------
Total revenues                                64,760            398,329


Cost of goods sold
   Durable goods                              29,221             73,000
   Prepaid telephone cards
    and internet CD's                         13,592            220,897
                                            --------           --------
Total cost of goods sold                      42,813            293,897

Gross profit                                  21,947            104,432


Operating expenses
  Selling, general and administrative        340,002            362,234
  Depreciation                                 3,878              3,086
                                            --------           --------
Total operating expenses                     343,880            365,320

Income (loss) from operations               (321,933)          (260,888)
Other income
  Interest income                                  2                 41
                                            --------            --------
Total other income                                 2

Net income (loss)                         $ (321,931)        $ (260,847)

                                          ==========          ==========


 Net loss on per
  share basis                               $(0.00)             $(0.00)
                                          ==========          ==========
Weighted average
 number of shares                         85,790,120          91,682,175
outstanding                               ==========          ==========



See accompanying notes to financial statements







                                                                  F-5

<PAGE>
                             ICT TECHNOLOGIES, INC.
                        STATEMENT OF STOCKHOLDERS EQUITY

                                       Common      Additional
                     Common    Common  Stock       paid in    Retained
Date                 Stock     Stock   Subscribed  Capital    Earnings    Total

Balances
January 1, 2002     7,686,025   $7,686          $1,168,110 $(1,257,554)$(81,758)

Issuance of shares
for acquisition of
Europhone, Inc.      78,000,000   78,000                                  78,000

Capital contribution                               65,000                 65,000

Issuance of shares
as consulting fees    6,093,300   6,093           148,014                154,107

Sale of shares through
private placement      264,167      264           536,820                537,084

Common stock
subscribed                               112,100                         112,000

Net loss                                                  (1,132,248)(1,132,248)
                      ------     ------ -------  --------  ----------  ---------

Balances
December 31, 2002  92,043,492 92,043 $112,100 $1,917,944 $(2,389,802) $(267,715)

Unaudited
September 30, 2003
Common stock subscribed               145,000                            145,000
Delivery of stock
  Subscribed       60,000       60   (105,500)  105,440                      -0-
Cancellation of
 Escrowed shares of
 Common stock  (6,000,000)  (6,000)                               6,000      -0-


Net Profit                                                (1,371,584)(1,371,584)
             ----------  -------- --------      --------   ---------- ----------
Balances
September
30, 2003    86,103,492  $86,103 $151,600    $2,023,384  $(3,755,386)$(1,494,299)















                                                                  F-6

<PAGE>
                             ICT TECHNOLOGIES, INC.
                      CONSOLIDATED STATEMENT OF CASH FLOWS
                            FOR THE NINE MONTHS ENDED

                                                     September 30, September 30,
                                                         2003           2002
                                                       Unaudited    Unaudited

OPERATING ACTIVITIES
    Net (loss)                                       $(1,371,584)  $(1,080,698)
    Adjustments for noncash and
      non-operating items:

      Depreciation                                        11,634        13,350
      Non-cash compensation-
         consulting fees paid                                           75,000
     Changes in operating assets and
     liabilities, net of acquisitions:
     Receivables                                         (36,905)     (277,360)
     Inventory                                            (1,363)     (235,168)
     Prepaid expenses                                      2,797
     Accounts payable and
      accrued expenses                                   156,511         6,175
     Payroll taxes                                       156,617
    Cash provided (used) by                              -------       -------
      operating activities                            (1,082,293)   (1,498,701)

INVESTING ACTIVITIES
  Purchase of fixed assets
  Security deposit                                                      (5,000)
                                                                       --------
  Cash used by investing activities                        -0-          (5,000)

FINANCIAL ACTIVITIES
    Common stock subscribed                                             65,000
    Bank loans payable                                   (77,033)      300,000
    Proceeds from sale of stock                          145,000       400,000
    Officer loan payable (used)                          769,393       738,801
                                                         -------       -------
    Cash provided by financing activities                806,360     1,503,801

NET (DECREASE) IN CASH                                  (244,933)          100
CASH BALANCE BEGINNING OF PERIOD                         267,735         -0-
                                                         -------       -------


    CASH BALANCE END OF PERIOD                         $  22,802          $100
                                                         =======      ========
    NON CASH ACTIVITIES:
     Interest                                           $   -0-       $   -0-
     Corporate income taxes                             $   -0-       $   -0-
     Business acquisition                               $   -0-       $   -0-








                                                                  F-7

<PAGE>
                          NOTES TO FINANCIAL STATEMENTS

                               SEPTEMBER 30, 2003
                                    Unaudited


NOTE A - BASIS OF PRESENTATION

The  consolidated  financial  statements  include the  accounts of the  Company,
Europhone USA, Inc.,  Europhone,  Inc., Europhone USA, LLC, Eurospeed,  Inc. and
Eurokool, Inc. All significant  inter-company  transactions have been eliminated
in consolidation.  The Consolidated  Balance Sheet as of September 30, 2003, the
Consolidated  Statement of Operations,  Statement of Cash Flows and Statement of
Stockholders  Equity for the nine months ended  September 30, 2003 and 2002 have
been prepared by the Company  without audit.  In the opinion of management,  all
adjustments  (which  include  only normal  recurring  adjustments)  necessary to
present fairly the financial  position,  results of operations and cash flows at
September 30, 2003 and 2002, and for all periods presented have been made.

These  statements have been prepared in accordance with the instructions to Form
10-QSB and therefore do not  necessarily  include all  information and footnotes
necessary  to  a  presentation  of  the  financial  position,   the  results  of
operations, and the cash flows, in conformity with generally accepted accounting
principles.  Certain information and footnote  disclosures  normally included in
financial  statements  prepared in accordance with generally accepted accounting
principles have been condensed or omitted.  It is suggested that these condensed
financial   statements  be  read  in  conjunction  with  the  audited  financial
statements  and notes thereto  included in the  Company's  Annual Report on Form
10-KSB for the fiscal  year ended  December  31,  2002.  Operating  results  for
interim  periods are not  necessarily  indicative  of  operating  results for an
entire fiscal year.

NOTE B - EARNINGS PER SHARE

Basic loss per common  share is computed by  dividing  the loss by the  weighted
average number of common shares outstanding  during the period.  During the nine
month  periods  through  September 30, 2003,  there were no dilutive  securities
outstanding.

NOTE C - INCOME TAXES

A deferred income tax asset is established for the complete amount of income tax
benefits  available in future  periods from the assumed  realization  of tax net
operating  loss  carryforwards.  In  addition,  a  deferred  income tax asset or
liability  is  established  for the  complete  amount of income tax  benefits or
liabilities from the effect of temporary differences.  The components of the net
deferred income tax assets as of September 30, 2003 were as follows:
Deferred income tax assets:

    Net operating loss carryforwards                     $ 1,276,831
    Valuation allowance                                   (1,276,831)
                                                          ----------
Net deferred income tax assets                           $         0
                                                          ==========

At  September  30,  2003,  the Company  has  federal  and state  income tax loss
carryforwards of approximately  $3,755,386 which expire through 2020, subject to
the  limitations  of the IRC Section  382.  The Company has provided a valuation
allowance  of  $3,755,386  at  September  30,  2003,  because,  in  management's
assessment, it is uncertain whether the net deferred


                                                                  F-8

<PAGE>
income  tax  assets  will  be  realized.  The  valuation  allowance  changed  by
$1,365,584  during 2003  primarily due to increased net operating  losses (NOLs)
which increased the amount of the Company's gross deferred income tax assets.

Future sales of common stock by the Company or its  principal  stockholders,  or
changes in the  composition of its principal  stockholders,  could  constitute a
"change of control" that would result in annual limitations on the Company's use
of its NOLs and unused tax credits.  Management  cannot  predict  whether such a
"change in control" will occur. If such a "change in control" were to occur, the
resulting annual  limitations on the use of NOLs and tax credits would depend on
the value of the  equity of the  Company  and the amount of  "built-in-gain"  or
"built-in-loss"  in the Company's assets at the time of the "change in control,"
which cannot be known at this time.

NOTE D - STOCKHOLDERS' EQUITY

Common Stock

As of September  30,  2003,  the Company has  received  subscriptions  through a
private placement for an aggregate of 173,300 shares of common stock aggregating
$257,100.

On May 9, 2002, the Company issued  6,000,000 shares of common stock into escrow
in consideration for services, to be provided by a consultant to the Company. As
of March 31, 2003,  the escrowed  shares were being held by the company  pending
completion  of the  agreement.  During the second  quarter,  these  shares  were
returned to the Stock Transfer Agent for  cancellation.  It is possible that the
consultant will take the position that the Company is liable for the re-issuance
of these  shares.  The Company is  reserving  6,000,000  shares of common  stock
pending a final  resolution of its rights and  obligations  under the agreement,
which the Company is seeking to accomplish on a negotiated basis. If the Company
is required to re-issue these shares of common stock upon that  resolution or in
connection with any subsequent judicial  proceedings,  a charge to operations of
approximately $6,000,000 would be incurred.

NOTE E - COMMITMENTS AND CONTINGENCIES

Lease agreements

The Company,  through one its subsidiaries,  leases  approximately 3,858 feet of
office space from an unrelated party at 33 West Main Street, Elmsford, New York.
The lease is in the name of Europhone USA, Inc. and is for a period extending to
January 31, 2006 at a monthly  rent of $6,109 plus $723 in common area  charges,
in addition to real estate taxes, and a security deposit of $13,663.

The Company is obligated to pay payroll taxes  aggregating  $156,617  which does
not include  penalties  and interest for prior  quarters.  The Company is in the
process of negotiating a payoff schedule with the Internal Revenue Service.

NOTE F - Related Party Transactions

In December,  2002 the Company  shipped an aggregate of  $1,300,000  (discounted
amount) in prepaid telephone cards to three  distributors of prepaid phone cards
on an essentially  consignment basis. The invoices become due upon the first use
of the  telephone  cards by the  subscribers.  One of the customers is a company
owned by the daughter of Mr. Vasilios Koutsobinas,  Chairman of the Board of the
Company.

The Company is obligated  to repay  moneys  advanced by officers' of the Company
aggregating $1,588,283 with interest at 4.25% interest payable on demand.



                                                                  F-9

<PAGE>
NOTE G - Accounts Receivable

The Company  shipped an  aggregate  of $763,000 in prepaid  telephone  cards and
prepaid  internet  access CD's to one  distributor in Brooklyn,  New York. As of
September 30, 2003, the discounted  amount of $63,000 for the prepaid  telephone
cards remains  unpaid.  The Company has negotiated an extension of payment terms
to allow this  customer to complete its  marketing  program and  distribute  the
Company's  products to its customers for sale. As of September 30, 2003,  all of
the prepaid internet access CD's were returned to the Company for full credit.

NOTE H - Pending Litigation

Subsequent to the date of the financial statements,  the Company received notice
of lawsuits by two claimants,  Edward R. Engels,  CPA and the former auditor for
the Company,  for $12,121 in fees owed and from Rainbow  Advertising,  Corp. for
approximately $32,000 in advertising expenses.

Since the Company has just received notice of these claims,  it is too premature
to estimate the merits of these claims and potential outcome.

The Company has  recognized an accrued  liability  for these claims  aggregating
$44,121.





































                                                                 F-10

<PAGE>
Item 2. Management's  Discussion and Analysis of Financial Condition and Results
of Operations

Unless the context otherwise requires,  (i) all references to "ICT Technologies"
or  the  "Company"  include  ICT   Technologies,   Inc.  and  its  wholly  owned
subsidiaries  Europhone USA, Inc. ("Europhone USA"),  Europhone,  Inc. (together
with Europhone USA, "Europhone") Europhone USA LLC, Eurokool Inc., and Eurospeed
Inc. and (ii) all references to the Company's activities,  results of operations
and financial  condition  prior to May 9, 2002 relate to Europhone USA, which is
the accounting predecessor of the Company.

Overview

ICT  Technologies  is a  distribution  company for  products and services in the
telecommunications   and  consumer  durables   sectors.   ICT  Technologies  has
established distribution relationships for the following products and services:

     Prepaid telephone calling cards;
     Prepaid internet service CD's;
     Air conditioners;
     Motorcycles;
     Internet (ISP) service; and
     Mobile telephones

During the third quarter of 2003, ICT Technologies  completed a partial sale and
delivery of air conditioners to a distributor in Greece.  The remaining shipment
should be  completed  in the  fourth  quarter  of 2003.  ICT  Technologies  also
completed  sales of prepaid  telephone  calling  cards and  continued to provide
long-distance telephone service.

Currently,  the Company is researching  opportunities and positioning  itself to
create brand awareness and market its products through online B2B sites. Through
membership  subscription  to online  business  portals,  the Company  expects to
expand its relationships with distributors for its various durable goods.

We have continued to finance our activities  through the resources of management
and have devoted the majority of our efforts to initiating the Company's  market
plans  for  telecommunications   products,  air  conditioners  and  motorcycles,
developing sources of supply,  developing and testing of marketing strategy, and
expanding the management team to further marketing  research and development for
the Company's products.  For the period from July 1, 2003 to September 30, 2003,
these  activities  were funded  through the  subscriptions  of a total of 13,000
shares of common stock aggregating  $26,000.  We have also funded our operations
and growth  through  officer  loans from Mr.  Vasilios  Koutsobinas,  Mr. Joshua
Shainberg and Andrew Eracleous aggregating $1,588,283 as of September 30, 2003.

Critical Accounting Policies and Estimates

ICT  Technologies'  results  of  operations  are  based  on the  preparation  of
consolidated  financial  statements in  conformity  with  accounting  principles
generally  accepted  in the  U.S.  The  preparation  of  consolidated  financial
statements  requires  management  to select  accounting  policies  for  critical
accounting  areas as well as estimates and  assumptions  that affect the amounts
reported  in the  consolidated  financial  statements.  Significant  changes  in
assumptions  and/or  conditions  in  our  critical   accounting  policies  could
materially impact our operating results. We believe our most critical accounting
policies relate to revenue recognition.

The Company sells its products primarily through distributors. Such distribution
agreements  do not normally  grant the  distributor  the right to return  unsold
products.  To the  extent  distributors  are  granted  return  rights for unsold
equipment and prepaid phone
                                                                  11

<PAGE>
cards, sales transactions to the distributors are accounted for as a consignment
until products are sold by the distributor.  Generally,  prepaid phone cards are
activated for use once received by the distributor.  If the distributor does not
sell these cards  within a twelve  month  period,  this  activation  period will
expire.

Telecommunications  service  revenue is  recognized  when services are provided.
Revenue on sales of prepaid calling cards is deferred upon sale to a distributor
or customer (end-user) and recognized as the card balances are decremented based
on minute usage and service  charges.  Unused balances are recognized as revenue
upon expiration of the calling cards.

Revenues from the sale of prepaid  internet service CD's ("CD's") are recognized
at the time of shipment.  The Company does not defer revenue on the sale of CD's
because the Company's cost for the CD's represents a small component of the sale
price,  with the total cost of usage being  accrued at the time of shipment  and
billing. This is in recognition of the fact that these CD's will be used by most
customers within a thirty day period from the time of purchase.

Revenue from our long distance services  business is generated,  on a commission
basis, for service provided by a single carrier.

Revenue from the sale of durable goods is recognized when products are shipped.

Consistent with Statement of Financial Accounting  Standards ("SFAS"),  No. 142,
"Goodwill and Other Intangible  Assets,"  goodwill is no longer  amortized,  but
instead tested at least  annually for  impairment.  Prior to 2002,  goodwill was
amortized using the straight-line method over its estimated period of benefit of
15 years.  We have not recorded any  impairments of goodwill since adopting SFAS
No. 142.

Consistent  with SFAS No. 144,  "Accounting  for the  Impairment  or Disposal of
Long-Lived  Assets," we evaluate  long-lived  assets for  impairment  and assess
their  recoverability  based upon  anticipated  future cash flows.  If facts and
circumstances  lead us to  believe  that  the cost of one of our  assets  may be
impaired,  we will write down that  carrying  amount to fair value to the extent
necessary.  We have not  recorded  any  impairment  of  long-lived  assets since
adopting SFAS No. 144.

Business Activities

We   have   organized   our   distribution   business   into   three   segments:
telecommunications,  air conditioners,  and motorcycles.  Our telecommunications
business  includes  the  sale  of  prepaid  telephone  cards  and  CD's,  mobile
telephones, Internet (ISP) service, and long distance telephone service.

         Telecommunications Segment

The Europhone  Prepaid Phone Card is a  residential  and corporate  product that
allows users to purchase a designated  amount of long  distance  minutes to make
calls,  from virtually any phone or country  worldwide,  without  worrying about
having the correct amount of change. The cards are purchased in denominations of
$5, $10, and $20.

As of  September  30,  2003,  our  prepaid  phone  cards  are  being  sold  both
domestically  and in Greece.  In  December  2002,  we shipped  an  aggregate  of
$1,289,340  (discounted  amount) in prepaid phone cards to two  distributors  in
Greece on an  essentially  consignment  basis.  Included  in this  shipment  was
$541,140 worth of prepaid phone cards shipped to Antiko Travel,  which is wholly
owned by the daughter of Mr. Koutsobinas.  We also have one domestic distributor
representing  $90,000 in  pre-discounted  product.  As of September 30, 2003, we
have an amount  receivable  of $16,300  from Antiko  Travel and $63,000 from the
domestic phone card distributor.
                                                                  12

<PAGE>
The Company is designing  and  developing  an  assortment of prepaid phone cards
that  may  be  introduced  before  year  end.  It is  also  holding  contractual
negotiations  with local air-time  providers for  competitive  rates and network
accessibility.  This new  collection  of cards,  when  available,  will  feature
enhanced  visual   graphics,   better  cost  per  usage  benefits,   and  themes
representing  targeted consumer calling markets.  The worldwide  deregulation of
the telecommunications industry and projected growth of the multi-billion dollar
prepaid  phone card market  makes this an  attractive  but  competitive  product
segment.  Through  these more  competitive  offerings,  the  Company  expects to
initially  seize a very small  portion of the total market share in an effort to
revitalize its prepaid phone card business.

In addition to these products, which served as our principal revenue sources for
the nine months ended  September  30, 2003,  we have an agreement  with Canquest
Online  covering the period through  December 31, 2004 for the  distribution  of
CD's through online and point-of-sale  activated channels.  The CD's allow users
to access  the  internet  on a periodic  basis,  as per their  needs,  until the
designated amount of time [in hours] available through the disk is depleted.  As
of June 30, 2003, we had an amount  receivable  for a shipment of 50,000 CD's to
one domestic distributor  aggregating $700,000 (discounted amount). The shipment
was recorded in the first  quarter,  but the Company had negotiated an extension
of payment terms to allow this distributor to complete its marketing program and
distribute the CD's to customers.  As of September 30, 2003, the entire shipment
was returned for credit.  After extensive  product testing to identify  features
and product  quality  improvements  that would be favored in future CD upgrades,
the Company discovered that the CD's exhibited some incompatibility  issues with
certain  computer  operating  systems that made their use  difficult  for novice
computer users. As a result,  the Company recalled the product from the customer
and is reversing the sale of CD's recorded in the first quarter.  Currently, the
Company is negotiating with Canquest Online for an equitable  resolution to this
product's shortcomings.

We also  engage  in the  direct  sale  of long  distance  telephone  service  to
customers as an agent for PowerNet Global. This service is available on landline
and cellular  telephones  for worldwide  communication.  We earn our income as a
percentage of the amount billed to, and collected from, long distance  customers
sourced  by us.  We  receive  a net  payment  each  month  for our share of long
distance  revenue.  As of September 30, 2003,  our customer base (long  distance
only) is located entirely in the United States.

We have an agreement to distribute  mobile  telephones that are  manufactured by
Ningbo Bird  Corporation,  Ltd. of the Peoples Republic of China ("PRC").  As of
September 30, 2003, we have received  samples of the mobile  telephones  that we
plan  to sell  and  have  not  derived  any  revenue  from  the  sale of  mobile
telephones. However, the Company entered into an exclusive development agreement
with Audiovox Communications Corporation ("ACC"). Pursuant to the agreement, the
Company  will  utilize its research  and  (marketing)  development  resources to
provide ACC with requested CDMA, TDMA, and GSM/GPRS  wireless phones. An initial
purchase  order of  $98,000,000  has been  received  from ACC and the product is
currently being manufactured for delivery in 2004.

         Air Conditioners Segment

We also have agreements for the distribution of air conditioners manufactured by
two  major  suppliers  in the PRC:  Guangdong  Chigo Air  Conditioning  Company,
Limited ("Chigo") and Guangdong  Richvast  Company,  Limited  ("Richvast").  Our
distribution agreement with Chigo covers the period through January 31, 2007. We
are the sole agent for the  distribution  of Chigo products  bearing the "Chigo"
and "Eurokool"  brand names in North,  South and Central  America,  and parts of
Europe,  except that  distribution is permitted only under the "Eurokool"  brand
name in  countries  or regions  where  sales of "Chigo"  branded  products  have
already taken place.  ICT  Technologies'  distribution  agreement  with Richvast
covers the period through August 2007. Pursuant to this agreement, ICT
                                                                  13

<PAGE>
Technologies  is  entitled  to  distribute  Richvast  products  worldwide.   ICT
Technologies  has an  exclusive  right  to  distribute  specific  models  of air
conditioners in Europe,  manufactured by Richvast,  bearing the "Eurokool" brand
name.

As of September 30, 2003,  the Company had  fulfilled a partial  delivery of air
conditioners  to a distributor in Greece.  An unexpected heat wave in Europe and
the Mediterranean  region this past summer has resulted in greater potential air
conditioner sales in various European and African nations. Through various forms
of  communication,  the Company  has  perceived  strong  initial  interest  from
distributors and customers for the Eurokool brand as a result of this unforeseen
event.  Additionally,   as  the  European  Union's  economic  woes  subside  and
affordable air  conditioners are seen more as a standard living necessity than a
luxury item, demand for the Company's air conditioning units may increase.

Until recently, the Company was restricted in its ability to sell product due to
the various certifications and regulations that need to be met both domestically
and  internationally.  Most of  these  regulatory  restrictions  have  now  been
complied with and we believe that our sales and marketing  functions  will begin
generating revenues.

Subsequent to the date of the  financials,  the Company  completed a sale of air
conditioners  to a distributor in Puerto Rico for  approximately  $54,000.  This
sale and other  pertinent  information  will be reflected in the Company's  2003
Annual Report.

         Motorcycles Segment

We have an agreement with Giantco, Limited of Hong Kong, PRC ("Giantco") for the
worldwide  distribution  through March 1, 2007 of  motorcycles  manufactured  by
Giantco and bearing the "Eurospeed" brand. As of September 30, 2003, we have not
generated any revenue and have samples of these  motorcycles  in inventory.  The
Company's   distribution   agreements  for  durable  goods   (including   mobile
telephones) include  requirements that ICT Technologies order minimum quantities
of products.  These minimum order  requirements have not been satisfied to date,
and  although the relevant  suppliers  have agreed  verbally not to enforce such
requirements  based on past order  shortfalls (in some cases,  in recognition of
the  fact  that  regulatory  approvals  have  not  been  obtained),  there is no
assurance  that these  suppliers  will not seek to enforce the minimum  purchase
requirements in the future.  These minimum  quantities are substantial,  and ICT
Technologies  does not  currently  have the  financial  resources to satisfy the
minimum ordering  requirements to which ICT  Technologies is subject.  Moreover,
ICT Technologies'  distribution  agreements generally do not establish any price
at which  the  goods to be  supplied  thereunder  are to be  purchased,  and the
Company must negotiate prices for each shipment of goods it orders.

Until recently, the Company was restricted in its ability to sell product due to
the various certifications and regulations that need to be met both domestically
and  internationally.  Most of  these  regulatory  restrictions  have  now  been
complied with and we believe that our sales and marketing  functions  will begin
generating revenues.

Results of Operations for the nine months ended  September 30, 2003, as compared
to the nine months  ended  September  30, 2003 and 2002.  Revenues  for the nine
months ended  September 30, 2003 consist of air  conditioners  (durable  goods),
long distance telephone service and prepaid telephone cards.










                                                                  14

<PAGE>
                              ICT TECHOLOGIES, INC.
                      CONSOLIDATED STATEMENT OF OPERATIONS
                            FOR THE NINE MONTHS ENDED

                                         September 30,      September 30,
                                             2003               2002
                                           Unaudited     %    Unaudited    %

Revenue
   Durable goods                             $39,965   24.2%   $106,000   30.8%
   Long Distance telephone                    20,348   12.3%     14,745    4.3%
   Prepaid telephone cards
    and internet CD's                        104,837   63.5%    223,050   64.9%
                                            --------  -----   --------
Total revenues                               165,150  100.0%    343,795  100.0%


Cost of goods sold
   Durable goods                              29,221   17.7%     73,000   21.2%
   Prepaid telephone cards
    and internet CD's                         77,696   47.0%     98,325   28.6%
                                            -------- ------    --------   ----
Total cost of goods sold                     106,917   64.7%    171,325   49.8%

Gross profit                                  58,233   35.3%    172,470   50.2%


Operating expenses
  Selling, general and administrative      1,396,526  845.6%  1,239,916  360.6%
  Depreciation                                11,634    7.0%     13,350    3.9%
                                            --------  -----    --------  -----
Total operating expenses                   1,408,160  852.6%  1,253,266  364.5%

Income (loss) from operations             (1,349,927)(817.4)%(1,080,796)(314.3)%
Other income

  Interest income                                  2                 98    0.00%
  Interest expense                           (21,659) (13.1)%
                                             -------- ------   -------- ------
Total other income                           (21,657) (13.1)%        98   0.00%

Net income (loss)                       $(1,371,584)(830.5)%$(1,080,698)(314.3)%

                                           ========= =====    ========= ======


For the nine months ended September 30, 2003, the Company generated net sales of
$165,150 after reflecting a reduction in CD sales from the return of $700,000 in
merchandise from a distributor in Brooklyn, New York as compared to $343,795 for
the nine months ended  September 30, 2002.  For the nine months ended  September
30, 2003, revenues consisted of $39,965 in the sale of air conditioners, $20,348
in long  distance  telephone  service and $104,837 in prepaid  telephone  cards.
Revenues  from  long  distance  telephone  service  were  from  domestic  retail
customers.

As of September 30, 2003,  service costs for the prepaid telephone calling cards
were $77,696 or 47.0% of revenue and the cost of the air  conditioners  sold was
$29,221 or 17.7% of revenue.  As of September  30, 2002,  service  costs for the
prepaid telephone calling cards were $98,325 or 28.6% of revenue.

                                                                  15

<PAGE>
Our gross profit for all categories for the nine months ended September 30, 2003
was $58,233 or 35.3% of sales.  Our gross profit for all categories for the nine
months ended September 30, 2002 was $172,470 or 50.2% of sales.

The Company's selling, general and administrative costs aggregated approximately
$1,396,526  for the nine  months  ended  September  30,  2003,  as  compared  to
$1,239,916  for the nine  months  ended  September  30,  2002,  representing  an
increase of $156,610.  The  aggregate of $1,396,526  consists of the  following:
professional   fees  of  $206,602;   office   expenses  and  other  general  and
administrative of $367,227,  advertising of $196,894,  payroll and payroll taxes
of $503,183, insurances of $39,049, rent of $43,404 and telephone $40,167.

Liquidity and Capital Resources

Net cash used by operating  activities  was  $1,082,293 for the third quarter of
2003. This amount includes,  amongst other things, a net loss from operations of
$1,371,584,  an  increase  in accounts  receivable  of  $36,905,  an increase in
inventory of $1,363, an increase in accounts payable of $156,511,  and a balance
due for payroll taxes of $156,617.

Net cash used by investing activities was $-0- for the third quarter of 2003.

Net cash increase from  financing  activities was $806,360 for the third quarter
of 2003.  During the third  quarter of 2003,  we reduced  bank loans  payable by
$77,033,  received  net proceeds of $145,000  from  private  sales of our common
stock and increased officer loans payable by $769,393.

Working  capital at September 30, 2003 was negative at $1,861,995 as compared to
a negative of $647,045 at December 31, 2002.

The Company's  cash balance at September 30, 2003 and currently is inadequate to
meet ICT Technologies'  needs for any appreciable  period of time.  Although ICT
Technologies'  operations  are using cash rather than  producing  positive  cash
flow,  management  believes that it will  eventually be able to fund the Company
through the Company's  reorganization  process by  increasing  revenues from the
sale of prepaid telephone calling cards and air conditioners.  We also expect to
experience  an  increase  in  revenues  from the  sales of our  other  products:
motorcycles and mobile telephones.  We believe that shipments of motorcycles and
mobile  telephones  will take place  during the fourth  quarter of 2003 and that
cash will be generated to fund  subsequent  shipments.  It will be necessary for
the Company to obtain additional financing arrangements, and in certain cases to
obtain additional regulatory approvals, to expand its distribution activities.

Until positive cash flow can be generated,  ICT Technologies  will have to raise
additional capital to meet its routine operating expenses. There is no assurance
that such financing will be available to ICT Technologies on terms  satisfactory
to it or on any terms at all. Messrs. Koutsobinas, Shainberg, and Eracleous have
no  obligation  to make  any  further  investment  in ICT  Technologies.  If ICT
Technologies  raises  additional  capital at this time  through the  issuance of
additional equity,  the current  shareholders of ICT Technologies may experience
substantial dilution.

Item 3. Controls and Procedures

Mr. Vasilios  Koutsobinas,  ICT Technologies Chief Executive Officer, and Andrew
Eracleous,   ICT  Technologies  Chief  Financial  Officer,  have  evaluated  the
effectiveness of ICT  Technologies'  disclosure  controls and procedures as of a
date within 90 days before the filing date of this quarterly report.  The design
and evaluation of the  disclosure  controls and  procedures,  no matter how well
designed and operated,  can only provide reasonable  assurances of achieving the
desired control  objectives and Messrs.  Koutsobinas  and Eracleous  necessarily
were required to exercise their judgment in evaluating the
                                                                  16

<PAGE>
cost-benefit relationship of possible controls and procedures.  Based upon their
evaluation,  Messrs.  Koutsobinas and Eracleous  concluded that ICT Technologies
presently  has in place  controls  and other  procedures  that are  designed  to
provide  reasonable  assurance that information  required to be disclosed by ICT
Technologies  in the  reports  that it files or  submits  under  the  Securities
Exchange Act of 1934 is recorded, processed,  summarized and reported within the
time  periods  specified  in the SEC's  rules and  forms.  Since the date of the
evaluation,  there have been no significant changes in ICT Technologies internal
controls or in other factors that could significantly affect these controls.

                           PART II - OTHER INFORMATION

Item 1. Legal Proceedings

In October of 2003, Edward R. Engels brought an action against ICT Technologies,
Inc.  in the Civil Court of the City of New York,  County of the Bronx  alleging
that the Company had breached an agreement  to pay for audit  services  rendered
and other charges  amounting to $12,121.50.  It is too premature for the Company
to estimate the merits of these claims and potential outcome.

In  November  2003,  the  Company  received  notice  of a lawsuit  from  Rainbow
Advertising,  Corp. for unpaid advertising and promotional  expenses aggregating
$32,000.  It is too  premature  for the Company to estimate  the merits of these
claims and potential outcome.

In May of 1999, ICT  Technologies,  Inc. and Joshua Shainberg  brought an action
against  Furio  Maglione and  9008-9657  Quebec  Corp.  (aka Giros Corp.) in the
United States  District  Court,  District of New Jersey,  Docket #C 99 2058(AMW)
alleging  that  defendants  had breached an agreement  pursuant to which 300,000
shares (the "Shares") of ICT Technologies, Inc. Common Stock was to be exchanged
for certain real estate assets.  The complaint was  subsequently  amended to add
Abraham  Shainberg,  the original owner of the shares, and a former director and
former  officer  of ICT  Technologies,  Inc.,  as a  plaintiff  and to add  Olde
Monmouth  Stock  Transfer and Trust Co.  ("Olde  Monmouth"),  ICT  Technologies,
Inc.'s  transfer  agent,  as a defendant.  As a result of this  litigation,  the
Shares are being held by Olde  Monmouth  subject  to an order  preventing  their
transfer  until further court order.  The goal of the  litigation is to have the
Shares returned to Abraham Shainberg.

Furio Maglione subsequently asserted  counterclaims against Joshua Shainberg and
ICT  Technologies,  Inc.  for breach of contract and  misrepresentation  seeking
unspecified  actual and  punitive  damages.  Among other  things,  Mr.  Maglione
alleges  that his  agreement  with such  plaintiffs  was  breached  by virtue of
transfer  restrictions  being  applicable  to the  Shares  at the time they were
tendered to Mr.  Maglione and by alleged  representations  that the Shares had a
market value of $2.4 million and were freely transferable. ICT Technologies does
not believe the counterclaims  asserted against it have any merit and intends to
defend  this action  vigorously.  ICT  Technologies  filed a request for summary
judgment by the acceptable date set by the court.

There are no other  material  legal  proceedings  pending or, to its  knowledge,
threatened against ICT Technologies.

Item 2. Changes in Securities

None





                                                                  17

<PAGE>
Item 3. Defaults upon Senior Securities

None

Item 4. Submission of Matters to a Vote of Security-Holders

None

Item 5. Other information

None

Item 6. Exhibits and Reports on Form 8-K

(a)  Exhibits

99.1 Chief Executive Officers  Certification of Financial Statements Pursuant to
18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley
Act of 2002

99.2 Chief Financial Officers  Certification of Financial Statements Pursuant to
18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley
Act of 2002

(b)  Reports on Form 8-K

None.

































                                                                  18

<PAGE>
                                                              SIGNATURES

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.

Date: November 24, 2003

                                    ICT Technologies, Inc.
                                    -----------------------------------------
                                    (Registrant)



                                    /s/ Vasilios Koutsobinas
                                    -----------------------------------------
                                    Vasilios Koutsobinas
                                    Chief Executive Officer



                                    /s/ Joshua Shainberg
                                    -----------------------------------------
                                    Joshua Shainberg
                                    President



                                                     /s/ Andrew Eracleous
                                    -----------------------------------------
                                    Andrew Eracleous
                                    Chief Financial Officer
                                    (Principal Financial and Accounting Officer)



























                                                                  19

<PAGE>
                                  CERTIFICATION
                         OF THE CHIEF EXECUTIVE OFFICER

I, Vasilios  Koutsobinas,  Chief  Executive  Officer of ICT  Technologies,  Inc.
certify that:

1. I have reviewed  this  Quarterly  Report on Form 10-QSB of ICT  Technologies,
Inc.;

2. Based on my  knowledge,  this  Quarterly  Report  does not contain any untrue
statement of a material fact or omit to state a material fact  necessary to make
the statements made, in light of the  circumstances  under which such statements
were made, not  misleading  with respect to the period covered by this Quarterly
Report;

3.  Based  on my  knowledge,  the  financial  statements,  and  other  financial
information  included in this Quarterly  Report,  fairly present in all material
respects the financial  condition,  results of operations  and cash flows of the
registrant as of, and for, the periods presented in this Quarterly Report.

4. The  registrant's  other  certifying  officer(s)  and I are  responsible  for
establishing and maintaining  disclosure  controls and procedures (as defined in
Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal  control over financial
reporting  (as defined in Exchange Act Rules  13a-15(f) and  15d-15(f))  for the
registrant and have:

(a) Designed such disclosure controls and procedures,  or caused such disclosure
controls and  procedures to be designed  under our  supervision,  to ensure that
material  information  relating to the  registrant,  including its  consolidated
subsidiaries, is made known to us by others within those entities,  particularly
during the period in which this report is being prepared;

(b) Designed  such internal  control over  financial  reporting,  or caused such
internal control over financial  reporting to be designed under our supervision,
to provide reasonable assurance regarding the reliability of financial reporting
and the preparation of financial  statements for external purposes in accordance
with generally accepted accounting principles;

(c) Evaluated the  effectiveness  of the  registrant's  disclosure  controls and
procedures and presented in this report our conclusions  about the effectiveness
of the disclosure  controls and procedures,  as of the end of the period covered
by this report based on such evaluation; and

(d)  Disclosed in this report any change in the  registrant's  internal  control
over  financial  reporting  that occurred  during the  registrant's  most recent
fiscal quarter (the registrant's  fourth fiscal quarter in the case of an annual
report) that has  materially  affected,  or is  reasonably  likely to materially
affect, the registrant's internal control over financial reporting;

5. The registrant's other certifying officers and I have disclosed, based on our
most recent evaluation,  to the registrant's auditors and the audit committee of
registrant's board of directors (or persons performing the equivalent function):

(a) All significant deficiencies in the design or operation of internal controls
which  could  adversely  affect the  registrant's  ability  to record,  process,
summarize and report  financial data and have  identified  for the  registrant's
auditors any material weaknesses in internal controls; and

(b) Any fraud,  whether  or not  material,  that  involves  management  or other
employees who have a significant role in the registrant's internal controls;


Date:  November 24, 2003
                                                  /s/ Vasilios Koutsobinas____
                                                      Vasilios Koutsobinas
                                                      Chief Executive Officer


                     20
                                  CERTIFICATION
                         OF THE CHIEF FINANCIAL OFFICER

I, Andrew Eracleous,  Chief Financial Officer of ICT Technologies,  Inc. certify
that:

1. I have reviewed  this  Quarterly  Report on Form 10-QSB of ICT  Technologies,
Inc.;

2. Based on my  knowledge,  this  Quarterly  Report  does not contain any untrue
statement of a material fact or omit to state a material fact  necessary to make
the statements made, in light of the  circumstances  under which such statements
were made, not  misleading  with respect to the period covered by this Quarterly
Report;

3.  Based  on my  knowledge,  the  financial  statements,  and  other  financial
information  included in this Quarterly  Report,  fairly present in all material
respects the financial  condition,  results of operations  and cash flows of the
registrant as of, and for, the periods presented in this Quarterly Report.

4. The  registrant's  other  certifying  officer(s)  and I are  responsible  for
establishing and maintaining  disclosure  controls and procedures (as defined in
Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal  control over financial
reporting  (as defined in Exchange Act Rules  13a-15(f) and  15d-15(f))  for the
registrant and have:

(a) Designed such disclosure controls and procedures,  or caused such disclosure
controls and  procedures to be designed  under our  supervision,  to ensure that
material  information  relating to the  registrant,  including its  consolidated
subsidiaries, is made known to us by others within those entities,  particularly
during the period in which this report is being prepared;

(b) Designed  such internal  control over  financial  reporting,  or caused such
internal control over financial  reporting to be designed under our supervision,
to provide reasonable assurance regarding the reliability of financial reporting
and the preparation of financial  statements for external purposes in accordance
with generally accepted accounting principles;

(c) Evaluated the  effectiveness  of the  registrant's  disclosure  controls and
procedures and presented in this report our conclusions  about the effectiveness
of the disclosure  controls and procedures,  as of the end of the period covered
by this report based on such evaluation; and

(d)  Disclosed in this report any change in the  registrant's  internal  control
over  financial  reporting  that occurred  during the  registrant's  most recent
fiscal quarter (the registrant's  fourth fiscal quarter in the case of an annual
report) that has  materially  affected,  or is  reasonably  likely to materially
affect, the registrant's internal control over financial reporting;

5. The registrant's other certifying officers and I have disclosed, based on our
most recent evaluation,  to the registrant's auditors and the audit committee of
registrant's board of directors (or persons performing the equivalent function):

(a) All significant deficiencies in the design or operation of internal controls
which  could  adversely  affect the  registrant's  ability  to record,  process,
summarize and report  financial data and have  identified  for the  registrant's
auditors any material weaknesses in internal controls; and

(b) Any fraud,  whether  or not  material,  that  involves  management  or other
employees who have a significant role in the registrant's internal controls;


Date:  November 24, 2003
                                                  /s/ Andrew Eracleous_______
                                                      Andrew Eracleous
                                                     Chief Financial Officer

                                                                  21
Exhibit 99.1

                            CERTIFICATION PURSUANT TO

                             18 U.S.C. SECTION 1350

                             AS ADOPTED PURSUANT TO

                  SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002


In  connection  with  the  Quarterly  Report  of  ICT  Technologies,  Inc.  (the
"Company") on Form 10-QSB for the period ended  September 30, 2003 as filed with
the Securities  and Exchange  Commission on the date hereof (the  "Report"),  I,
Vasilios Koutsobinas,  Chief Executive Officer of the Company, certify, pursuant
to  18  U.S.C.  Section  1350,  as  adopted  pursuant  to  Section  906  of  the
Sarbanes-Oxley Act of 2002, that, to my knowledge:

(1) The Report fully complies with the requirements of section 13(a) or 15(d) of
the Securities Exchange Act of 1934; and

(2) The  information  contained in the Report fairly  presents,  in all material
respects, the financial condition and result of operations of the Company.


                                                /s/ Vasilios Koutsobinas______
                                             Name:  Vasilios Koutsobinas
                                            Title:  Chief Executive Officer

November 24, 2003































                                                                  22

<PAGE>

 Exhibit 99.2

                            CERTIFICATION PURSUANT TO

                             18 U.S.C. SECTION 1350

                             AS ADOPTED PURSUANT TO

                  SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002


In  connection  with  the  Quarterly  Report  of  ICT  Technologies,  Inc.  (the
"Company") on Form 10-QSB for the period ended  September 30, 2003 as filed with
the Securities  and Exchange  Commission on the date hereof (the  "Report"),  I,
Andrew Eracleous,  Chief Financial Officer of the Company,  certify, pursuant to
18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley
Act of 2002, that, to my knowledge:

(1) The Report fully complies with the requirements of section 13(a) or 15(d) of
the Securities Exchange Act of 1934; and

(2) The  information  contained in the Report fairly  presents,  in all material
respects, the financial condition and result of operations of the Company.


                                            /s/ Andrew Eracleous__________
                                         Name:  Andrew Eracleous
                                       Title:  Chief Financial Officer

November 24, 2003



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