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 six months period ended June 30, 2007

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

For the transition period from January 1, to June 30, 2007

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   13-4070586

ICT Technologies, Inc.
181 Westchester Avenue, Port Chester, NY 10573
(914) 937-3900

(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, 102,697,384 shares outstanding as of
June 30, 2007 Transitional Small Business Disclosure Format (check one):
Yes [ ] No [X]


				ICT TECHNOLOGIES, INC.

			  	  TABLE OF CONTENTS


Special Note Regarding Forward Looking Information....................2

PART I - FINANCIAL INFORMATION

Item 1. Financial Statements (Unaudited)..............................3
        Notes to Financial Statements.................................6
Item 2. Management's Discussion and Analysis of Financial Condition and
        Results of Operations........................................10
Item 3. Controls and Procedures......................................14

PART II - OTHER INFORMATION

Item 1. Legal Proceedings........................................... 15
Item 2. Changes in Securities and Use of Proceeds................... 15
Item 3. Defaults Upon Senior Securities............................. 15
Item 4. Submission of Matters to a Vote of Security Holders......... 15
Item 5. Other Information........................................... 15
Item 6. Exhibits and Reports on Form 8-K............................ 15

SIGNATURES........................................................16-18


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 six months ended June 30, 2007 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, 2006 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 Six Months 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.

Part I - Financial Information
							     Page
Item 1 - Financial Statements

Consolidated Balance Sheet as of June 30, 2007 (unaudited)
     and December 31, 2006 (audited)                          F-1

Consolidated Statements of Operations for the six months
     ended June 30, 2007 and June 30, 2006 (unaudited)        F-2

Consolidated Statements of Changes in Stockholders' Equity
     for the six months ended June 30, 2007 (unaudited)       F-3

Consolidated Statements of Cash Flows for the six months
     ended June 30, 2007 and June 30, 2006 (unaudited)        F-4

Notes to Consolidated Financial Statements                    F-5


                                        F-1

                      ICT TECHNOLOGIES, INC. AND SUBSIDIARIES
                            CONSOLIDATED BALANCE SHEETS

                                        June 30, 2007     December 31, 2006
ASSETS                                   (Unaudited)          (Audited)

CURRENT ASSETS
Cash in banks                           $    51,836        $        72,829
Accounts receivable, less allowance                                      -
  for doubtful accounts of $ 30,057          41,008                172,688
  and $30,057, respectively
Inventories                                 269,884                 46,623
Deposits - Sim cards                         40,661                 76,500
         - Portal software                   20,000                      -
         - Chinapack Ningbo motorcycles      12,556                      -

     Total current assets                   435,945                368,640

PROPERTY AND EQUIPMENT, net of
   accumulated depreciation of
   $ 37,771 and $ 27,495, respectively       34,361                 40,680


        TOTAL ASSETS                   $    470,306       $        409,320

LIABILITIES AND STOCKHOLDERS EQUITY

CURRENT LIABILITIES
    Bank overdrafts                    $     34,293       $         34,293
    Bank lines of credit                    254,826                254,826
    Accounts payable and accrued expenses   122,815                194,825
    Payroll taxes and withholdings          396,876                416,400
    Customers' deposit                       61,516                 66,560
    Loans payable to related parties      1,904,335              1,914,842

     Total current liabilities            2,774,661              2,881,746

     Total liabilities                    2,774,661              2,881,746

STOCKHOLDERS' EQUITY (DEFICIENCY)
Preferred stock, $.001 par value; authorized
10,000,000 shares, issued and outstanding
0 shares
Common stock, $.001 par value; authorized
200,000,000 shares, issued and outstanding
102,697,384 and 97,197,384 shares,
   respectively                             102,698                 97,198
Additional paid-in capital                3,993,546              3,270,546
Retained earnings (deficit)              (6,400,599)            (5,840,170)

     Total stockholders' equity
        (deficiency)                     (2,304,355)            (2,472,426)

     TOTAL LIABILITIES AND STOCKHOLDERS'
        EQUITY (DEFICIENCY)             $   470,306        $       409,320

The accompanying notes are an integral part of this statement.



                                    F-2

                 ICT TECHNOLOGIES, INC. AND SUBSIDIARIES
                  CONSOLIDATED STATEMENTS OF OPERATIONS

                                       For the six months  For the six months
                                     ended June 30, 2007  ended June 30, 2006
                                            (Unaudited)          (Unaudited)
Revenue:
Commission-prepaid cards activation       $       13,617        $         -

Cell phones                      	          18,100                  -
Prepaid cards                                     14,688                  -
Sim cards                                          2,200                  -
Televisions                                        2,400                  -
Olive oil                                            511                  -

          Total revenue                           51,516                  -

Cost and expenses:
Cost of sales                                     35,087                  -
Selling, general and administrative              541,746             26,742
Depreciation                                      10,276                  -
Total costs and expenses                         587,109             26,742

Income(loss) from operations                   ( 535,593)         (  26,742)

Interest expense                               (  24,836)         (  23,341)

Net income (loss)                         $    ( 560,429)      $  (  50,083)

Basic and diluted earnings (loss) per common
 share                                      $       (.00)      $       (.00)

Weighted average shares outstanding, basic
  and diluted                                 99,947,384         86,552,634

The accompanying notes are an integral part of these statements.


                                   F-3

               ICT TECHNOLOGIES, INC. AND SUBSIDIARIES
   CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIENCY)
                            (UNAUDITED)

                                       Additional    Retained
                     Common Stock      Paid-in      Earning
                   Shares    Amount    Capital      (Deficit)      Total
Balance at
January 1,
2007             97,197,384  $97,198  $3,270,546  $(5,840,170) $(2,472,426)

Sale of common
 stock            5,500,000    5,500     723,000                   728,500
2472
Net loss for the
six months
ended June 30,
2007                                                (  560,429) (  560,429)
Balance at
June 30, 2007   102,697,384 $102,698   $3,993,546  $(6,400,599)$(2,304,355)


The accompanying notes are an integral part of this statement.

                                    F-4

                  ICT TECHNOLOGIES INC. AND SUBSIDIARIES
                  CONSOLIDATED STATEMENTS OF CASH FLOWS

                                             For the six months ended
                                            June 30, 2007   June 30, 2006
                                              (Unaudited)    (Unaudited)

OPERATING ACTIVITIES
Net income(loss)                           $ (   560,429)  $ (    50,083)
Adjustments to reconcile net income (loss)
   to net cash provided by (used in)
   operating activities:
Depreciation                                      10,276               -

Changes in operating assets and liabilities:

Accounts receivable, net                         132,736               -
Inventories                                  (   140,445)              -
Deposit                                           45,412               -
Accounts payable and accrued expenses        (   159,526)      (   37,110)
Payroll taxes and withholdings               (    24,896)          23,341
Customers' deposit                           (    18,156)               -

Net cash provided by (used in) by operating
   activities                                (   715,028)      (   63,852)

INVESTING ACTIVITIES
Property and equipment additions             (    23,958)               -

Net cash provided by (used in) investing
    activities                               (    23,958)               -

FINANCING ACTIVITIES
Increase (decrease) in bank overdraft                  -              123
Decrease in loans payable to related parties (	  10,507)          63,729
Proceeds from sale of common stock               728,500                -

Net cash provided by (used in) financing
   activities                                    717,993                -

NET INCREASE(DECREASE) IN CASH                (   20,993)               -

CASH, BEGINNING OF PERIOD                         72,829                -

CASH, END OF PERIOD                        $      51,836      $         -


The accompanying notes are an integral part of these statements

                                     F-5

                  ICT TECHNOLOGIES, INC. AND SUBSIDIARIES
                       NOTES TO FINANCIAL STATEMENTS
                              June 30, 2007
                                (UNAUDITED)


1. Organization and Business Operations

ICT Technologies, Inc. ("ICTT") was incorporated in Delaware on May 27, 1999.
ICTT has five wholly owned subsidiaries; Europhone USA, Inc. ("FONE1"), a New
York corporation incorporated on March 17, 2000; Europhone Inc. ("FONE2"), a
New York corporation incorporated on May 24, 2001; Eurospeed, Inc.
("EUROSPEED"), a New York corporation incorporated on November 19, 2001,
Eurokool, Inc. ("EUROKOOL"), a New York corporation incorporated on
February 21, 2002; and Europhone USA, LLC ("EUROFONE"), a New York limited
liability company formed on August 2, 2002.

ICTT and its subsidiaries (collectively, the ("Company") operate from their
offices in Port Chester, New York. ICTT acts as a holding company and its
subsidiaries were formed to engage in the distribution of various products
manufactured by unrelated third parties.

2. Interim Financial Statements

The unaudited financial statements for the six months ended June 30, 2007
and 2006 have been prepared in accordance with accounting principles
generally accepted in the United States for interim financial information
and with instructions to Form 10-QSB. In the opinion of management, the
unaudited financial statements have been prepared on the same basis as the
annual financial statements and reflected all adjustments, which include
only normal recurring adjustments, necessary to present fairly the financial
position as of June 30, 2007 and the results of operations and cash flows
for the six months ended June 30, 2007 and 2006. The financial data and
other information disclosed in these notes to the interim financial
statements related to these periods are unaudited.  The results for the six
month period ended June 30, 2007 are not necessarily indicative of the
results to be expected for any subsequent quarter of the entire year ending
December 31, 2007. The balance sheet at December 31, 2006 has been derived
from the audited financial statements at that date.

Certain information and footnote disclosures normally included in
financial statements prepared in accordance with accounting principles
generally accepted in the United States have been condensed or omitted
pursuant to the Securities and Exchange Commission's rules and regulations.
These unaudited financial statements should be read in conjunction with the
audited financial statements and notes thereto for the year ended December 31,
2006 as included in our report on Form 10-KSB.

3. Inventories consisted of:

                                             June 30, 2007  December 31, 2006
                                              (Unaudited)

	Cell phones			     $   163,971        $   44,523
	Sim cards                                 61,750             2,100
	Olive oil                                 44,163                 -

  		Total                        $   269,884        $   46,623

4. Bank Overdrafts

At June 30, 2007, bank overdrafts (inactive status) consisted of:

	ICTT bank account overdraft facility	 	$	1,698
	FONE1 bank account overdraft facility	 	       32,595

	Total	 					$      34,293

The overdraft facilities provide for interest at a rate of 9%. Repayment is
past due and the bank has ceased accruing interest on the balances. The loans
are personally guaranteed by ICTT's chief executive officer.

5. Bank Lines of Credit

At June 30, 2007, bank lines of credit (inactive status) consisted of:

	ICTT line of credit account	 	$	17,069
	ICTT line of credit account	 	 	16,279
	FONE1 line of credit account	 	       210,422
	FONE1 line of credit account	 	 	11,056

	Total	 				$      254,826

The lines of credit provide for interest at a rate of 9%. Repayment is past
due and the bank has ceased accruing interest on the balances. The loans are
personally guaranteed by ICTT's chief executive officer.

6. Payroll Taxes and Withholdings

At June 30, 2007, payroll taxes and withholdings consisted of:

  	 				ICTT	 	EUROSPEED	Total

Federal   	 	 	     $ 231,518	        $ 137,627    $ 369,145
New York State unemployment insurance    3,862              2,249        6,111
Workers' Compensation Board              7,911             13,709       21,620

Total	                             $ 243,291          $ 153,585    $ 396,876

The balances represent unpaid payroll taxes and withholdings for periods from
October 2002 to December 2004 and estimated interest and penalties to June 30,
2007.

7. Loans Payable to Related Parties

At June 30, 2007, net loans payable to related parties consisted of:

Due chief executive officer	 		$ 1,433,966
Due chief financial officer	 	 	    241,446
Due Olympic Telecom, Inc. ("OTI"), a corporation
  controlled by the chief executive officer	    236,887
Receivable from son of chief executive officer	(     7,964)

Total	 				        $ 1,904,335

The loans payable to related parties do not bear interest and are due on
demand.

8. Commitments and Contingencies

Lease

ICTT rents its office facilities in Port Chester, New York under a sub lease
agreement with OTI, a corporation controlled by ICTT's chief executive
officer. The term of the sub lease agreement, which as amended provides for
monthly rents ranging from $ 3,360 to $3,886, is February 1, 2005 to
January 31, 2009.

Manufacturing and Distribution Agreement

Pursuant to an agreement effective October 18, 2006 between a Chinese
corporation (the "OEM Manufacturer"), a New Jersey corporation (the "Worldwide
Importer and Distributor"), and EUROSPEED (the "USA Distributor"), EUROSPEED
was appointed exclusive distributor in North America of motorcycles and other
transportation vehicles manufactured and sold by the Manufacturer and the
Importer under trade names "EuroSpeed" and EuroStrada." The term of the
agreement is five years from October 18, 2006 to October 17, 2011. The
agreement is automatically renewed for an additional five years to October 17,
2016 unless either party gives 90 days prior written notice at the end of any
two year period. If EUROSPEED purchases less than the minimum purchase
quantities (25,000 units in year 1, 30,000 units in year 2, and an amount to
be determined in year 3), Manufacturer and Importer have the right to
terminate the agreement.

Exclusive Distribution Agreement

Pursuant to an agreement dated May 19, 2006, EUROSPEED appointed an Exclusive
Distributor in North America and Israel of motorcycles and other transportation
vehicles under the trade names "EuroSpeed" and "EuroStrada." The term of the
agreement is five years from May 19, 2006 to May 18, 2011. The agreement is
automatically renewed for an additional five years to May 18, 2016 unless either
party gives 90 days prior written notice of election to terminate the agreement.
If the Distributor purchases less than the minimum purchase quantities (25,000
vehicles in the first 18 months, 30,000 vehicles in year 2, and 50,000 vehicles
in year 3), EUROSPEED has the right to terminate the agreement.

Litigation

On June 13, 2006, an action was commenced against ICTT and certain of its
officers by an alleged former consultant to the Company. The complaint alleged
non-payment of consulting fees and sought compensatory damages of $192,500 and
exemplary and punitive damages of $5,000,000. At March 31, 2007 the outcome of
the litigation was uncertain and no loss accrual was recorded. On June 29, 2007
(see Note 10), this litigation was settled.

9. Segment Information

In the six months ended June 30 2007, 62% of the total revenue was derived
from ten customers.

10. Subsequent Events

On June 29, 2007, the litigation described in Note 8 was settled in accordance
with a settlement agreement, pursuant to which the Company paid $45,000 to the
plaintiffs in exchange for full releases. The $45,000 will be expensed in the
three months ended June 30, 2007.

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

This Quarterly Report on Form 10-QSB contains forward-looking statements
made as of the date hereof. We assume no obligation to update the
forward-looking statements, or to update the reasons why actual results
could differ from those projected in the forward-looking statements.
Investors should consult all of the information set forth in this report
and the other information set forth from time to time in our Reports
filed with the Securities and Exchange Commission pursuant to the
Securities Exchange Act of 1934, including our reports on Forms 10-KSB
and Current Reports on Form 8-K, each as amended. See "Forward Looking
Statements" in the forepart of this Report for a non-exclusive list of
risks and uncertainties that relate to the forward looking statements
herein. The following discussion relates to the results of our
operations to date, and our financial condition:

General

The Company is still in its development stage and 2006 makes the first
year of revenues from operations relating to our new business sectors.
We will need substantial additional capital in order to expand our
operations and implement our business plan and we have no commitments
for capital.

In 2002, we entered into an agreement for the purchase of the assets and
the business of Europhone USA, Inc. and Europhone, Inc., Eurokool and
Eurospeed resulting in our assumption of manufacturing and distribution
agreements for long distance calling cards and related activities, air
conditioning and scooters. We have since expanded and shifted the scope of
our business and prospective business to include prepaid calling cards and
sim chips as well as cell phones, motorcycles as well as scooters and flat
panel televisions in addition to air conditioners. Moreover, we have begun
deliveries of scooters and of prepaid calling cards. Our goal has been and
continues to be, manufacture of products and maintenance of our "Eugro"
and "Euro" brand names.

We are currently located in Port Chester, New York. We are a holding
company and our subsidiaries operate or will operate our three core
businesses, which include our Europhone business and Eurospeed business
and our Eurokool electronics business. Additional information on these
businesses can be found in the "Business" section of the report.

We have shifted our focus in early 2007 towards rolling out our prepaid
mobile plan services and wireless hardware to be placed in the market in
2007. We have entered into various distribution agreements pursuant to
which orders of approximately $1.5 Million, have been made by an aggregate
of 14 distributors. We are placing additional resources into the marketing
of this part of our business as well as our planned sales of flat screen
televisions, air conditioners and motorcycles.

We have ordered flat screen televisions of various sizes and qualities,
including high definition televisions in 2007. The cost of this order,
including all shipping and insurance charges was $11,500,000. We expect to
receive these televisions in September 2007. We do not have any commitments
as to the sales or distribution of these televisions. The purchase price
of these televisions will be funded from orders for distribution.

We plan to purchase the air conditioners and motorcycles from manufacturers
that we have contracted with to produce these products which are located in
the Peoples Republic of China ("PRC") and South Korea if sales materialize.

We are purchasing for the U.S. our mobile telephones and for larger cities.
We have entered into agreements with cellular phone manufacturers in China
to produce these phones for us.

Business Activities

Our revenues during the six months of 2007 were $ 51,516 from the sale of
telecommunications products and services. We expect to sell through
Europseed USA, Inc. an affiliate of Healey Ford of Ansonia, Inc., scooters,
motorcycles and accessories in the United States and Israel. See our
"Business" section, above, for a more detailed description of this
business and our related manufacture and distribution agreements.

As a result of our obtaining Eurospeed VIN # from the National Highway
Traffic Safety Administration, we plan on assembling our motorcycles and
scooters in the U.S.A. by early 2008.

We have reorganized our distribution business into three segments:
telecommunications, scooters and motorcycles and electronics.

While we have focused on marketing our Eugro Mobile related products in
2006, we plan on expanding our marketing efforts towards our electronics
and motorcycle/scooter brand naming efforts in the United States. Our
telecommunications business includes, but is not limited to, the sale of
prepaid cellular services, cellular telephones, and long distance telephone
service. We have attempted to engage in the direct sale of long distance
telephone service to customers as an agent for PowerNet Global. To date,
we have not generated any revenue from this source.

We market prepaid wireless services for both residential and corporate
users, that allow users to purchase a designated amount of long distance
minutes to make calls from virtually any telephone or country worldwide.
The phone card can be used until air time charges and other charges equal
the total value of the card. Revenue for these prepaid phone cards is
recognized upon receipt of payment for a prepaid card regardless of whether
all the time is used as prepaid cards are non-returnable. Management
believes that once the card is activated the face amount of the card is
consumed within 30 to 60 days through usage and fees.

Prepaid Cellular Phone and Sim Chip Manufacturing

Europhone has, as of July 3, 2007, entered into a contract with Hisense
Communications Limited of Quindao, China for the purchase by Europhone
of dual sim card tri-band cellular phones for our prepaid cellular
business, to be sold in the United States, Greece, Cyprus, Spain, the
United Kingdom, Bulgaria and Dominican Republic. Our right to sell dual
mode cellular phones in these territories becomes exclusive if we are
able to sell 20,000 units within 3 months after delivery of our first
samples in these countries. This agreement provides that the supplier
will provide us with an additional two percent of the total quantity of
phones acquired, free of charge, to cover replacement costs and
warranties. While we have not begun tests or sales of these products,
we believe that these extra phones will be sufficient to cover warranty
returns. Under this agreement, we are required to make a 30% down
payment for all purchase orders and maintain an irrevocable and
transferable letter of credit to secure payment of the remaining amount
upon receipt. We intend to focus on production of prepaid cellular
phones as opposed to standard "carrier" cellular phones.

We acquire our sim chips with our logo on it directly from the long
distance carriers, located in Europe which manufactures such chips. Sim
chips are difficult to manufacture, requiring specialized plants and
skills. If we lose our relationships with these long distance carriers,
in addition to the loss of a supplier of calling time, we will lose the
chips upon which they are programmed.

Television and Air Conditioning Manufacturing

We have also entered into agreements for the distribution of air
conditioners manufactured by two major suppliers in the PRC: Guangdong
Chigo Air Conditioning, Co. Ltd. ("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 only permitted under the "Eurokool" brand
name in countries or regions where sales of "Chigo" branded products
have already taken place. We have not satisfied as purchase order
minimums of 300,000 and 80,000 air conditioners from Chigo and
Richvast respectively, in the years ending December 31, 2004, 2005 and
2006, however, ICT Technologies has received verbal assurance from
Chigo and Richvast that the minimum purchase requirements will not be
enforced for past periods. With regard to the Chigo agreement, we
must increase our unit purchases by 50% in each contract year after
the first for the duration of the contract. In 2003, we shipped an
order of approximately 1,000 units to one additional customer in
Greece aggregating $136,000. In 2004 through 2007, no air
conditioners were sold, as we had not concentrated our business
efforts in this segment. While we intend to begin marketing Eurokool
products there can be no assurance that any future sales will occur.
We believe that we will have to establish a strong distribution
network in order to penetrate the "main "steam" electronics retail
chains and that we will not be able to compete if we do not do so. We
also anticipate that the weakening dollar may cause our prices to
increase.

Scooter Manufacturing

Our scooters are manufactured at two factories in China: Qianjian
Motorcycle Group, Ltd. and Zhejiang Lingtian Motorcycle Co., Ltd.
In 2007, we had been expanding our efforts to sell scooters in the
USA,South America and Central America, while expanding our European
presence through distributor relationships such as our relationship
with Eurospeed U.S.A.,Inc.

We have continued to finance our activities through the resources of
management and have devoted the majority of our efforts to initiating
our market plans for telecommunications products, plasma televisions,
air conditioners and motorcycles, developing sources of supply,
developing and testing marketing strategy, and expanding the management
team to further marketing research and development for our products.

"EugroGold" Extra Virgin Olive Oil

In early 2007, the Company had established a food division and
initiated importation of "EugroGold" Extra Virgin Olive Oil that had
been produced and bottled in Crete, Greece.  The management believes
that this product will generate substantial revenue to augment its
sales volume.

		CRITICAL ACCOUNTING POLICIES

The SEC recently issued disclosure guidance for "critical accounting
policies." The SEC defines critical accounting policies as those
accounting policies that require application of management's most
difficult, subjective or complex judgments, often as a result of the
need to make estimates about the effect of matters that are inherently
uncertain and may change in subsequent periods. Our significant
accounting policies are described in Note 2 in the consolidated
financial statements.

Results of operations for the three months ended June 30, 2007, as
compared with June 30, 2006 are as follows.


             ICT TECHNOLOGIES, INC. AND SUBSIDIARIES
              CONSOLIDATED STATEMENTS OF OPERATIONS

                              For the three months For the three months
                              ended June 30, 2007   ended June 30, 2006
                                    (Unaudited)          (Unaudited)
Revenue:
Commission-prepaid cards activiation
  activations                      $       13,617        $        -

Cell phones                                   104                 -
Prepaid cards                              14,688                 -
Sim cards                                     800                 -
Televisions                                 2,400                 -
Olive oil                                     461                 -

          Total revenue                    32,070                 -

Cost and expenses:                                                -
Cost of sales                              17,353
Selling, general and administrative       322,694             12,276
Depreciation                                5,138                  -
Total costs and expenses                  345,185             12,276

Income(loss) from operations            ( 313,115)         (  12,276)

Interest expense                        (  12,623)         (  11,545)

Net income (loss)                  $    ( 325,738)      $  (  23,821)

Basic earnings (loss) per common shares (       0)         (       0)

Weighted average shares outstanding,
  basic                                99,947,384         86,552.634

For the three months ended June 30, 2007, the Company generated net
sales of $32,070 as compared to $-0- for the same period last year. We
intend to expand our focus in all business activities.

Our gross profit for the three months ended June 30, 2007 is $32.070
generated from sales of prepaid cards, cell phones, sim cards,
televisions and olive oil.

The Company's selling, general and administrative costs aggregated
$322,694 for the three months ended June 30, 2007, as compared to
$12,276 for the same period last year, representing an increase of
$310,418.  The increase in expenses was due primarily to increase in
the number of employees.  We expect our selling, general and
administrative expenses to increase substantially if and as our
operations grow.

The selling, general and administration expenses of $322,694 in 2007
consists of salaries and wages of $151,423, legal settlement of $ 45,000
(Notes 10 subsequent events) payroll and franchise taxes of $17,680, rent
of $11,898, travel of $11,061, entertainment of $12,140, professional
fees of $35,454, directors' fees of $6,000, show expenses and advertising
of $12,156, dues of $327, car and automobile expenses of $3,144, website
maintenance of $701, telephone of $1,078, insurance of $6,264, office
expenses and supplies of $3,153, consulting of $2,500 and miscellaneous
of $2,715. The Company's selling, general and administrative expenses for
the three months ended June 30, 2006 was $12,276 consists of rent of
$10,996 travel and entertainment of $242, filing fee of $843, office
expense of $137 and bank charges of $58.

At June 30, 2007, loans payable to related parties were $1,904,335
This decrease in loans in 2007 reflects operating capital loaned by
affiliates of Mr. Vasilios Koutsobinas, our Chief Executive Officer. These
loans are payable on demand. We have also established lines of credit with
the Ponce De Leon Federal Bank. As of June 30, 2007, the balance due on
these lines of credit was $254,826. The lines of credit have the personal
guarantee of Mr. Koutsobinas, our Chief Executive Officer.

Item 3. Controls and Procedures

As of a date within 90 days before the filing date of this quarterly report,
an evaluation was performed under the supervision of Vasilios Koutsobinas,
the Company's chief executive officer, and Andrew Eracleous, the Company's
chief financial officer, of the effectiveness of the design and operation
of the Company's disclosure controls and procedures.  Messrs. Koutsobinas and
Eracleous recognized that any controls and procedures, no matter how well
designed and operated, can provide only reasonable assurances of achieving
the desired control objectives and they necessarily were required to exercise
their judgment in evaluating the cost-benefit relationship of possible
controls and procedures.

Disclosure controls and procedures that are designed to ensure that
information required to be disclosed by us in the reports that we file or
submit under the Exchange Act is recorded, processed, summarized and reported,
within the time periods specified in the Securities and Exchange Commission's
rules and forms.

Disclosure controls and procedures include, without limitation, controls and
procedures designed to ensure that information required to be disclosed by us
in the reports that we file under the Exchange Act is accumulated and
communicated to our management, including our principal executive officers and
principal financial officer, as appropriate to allow timely decisions
regarding required disclosure.

PART II - OTHER INFORMATION

Item 1. Legal Proceedings

The company recently obtained dismissals from certain claims and releases
terminating all active litigation with the company, as follows. On or
about May 30, 2006, an action was commenced against certain officers of
the Company entitled Robert P. Rowe, Jr. against Vasilios Koutsobinas and
Andrew Eracleous, New York County Index No. 601899/06. The action asserted
causes of action for breach of contract in connection with a consulting
contract, negligence, corporate waste and other claims. On motion by the
defendants, the Court dismissed all claims as against Eracleous and all
claims against Koutsobinas except the claim for breach of contract.
Thereafter, the case was settled by the remaining parties without any
admission of liability or wrongdoing, in consideration for $7,867 on or
about June 29, 2007. The action has been discontinued with prejudice.
On or about May 30, 2006, an action was commenced against certain officers
of the Company entitled Joshua Shainberg on his own behalf and on behalf
of all others similarly situated against Vasilios Koutsobinas and Andrew
Eracleous, New York County Index No. 601898/06. The action purported to
be a shareholders derivative class action by former shareholders of the
Company and alleged causes of action for negligence, dereliction of duty
and conflict of interest in. After the action was commenced, Mr. Shainberg
removed himself as the named plaintiff and William Gent was substituted in
his place. This action has also been dismissed by the Court in its entirety
with prejudice. In addition, Joshua Shainberg and William Gent general
executed releases of all potential other claims against the Company, its
principals, agents, employee, representatives, etc., including, but not
limited to, Vasilios Koutsobinas, Andrew Eracleous and Anna Aspras on
June 29, 2007 for $29,267. On or about June 13, 2006, an action was
commenced against the Company and certain of its officers entitled
Virtual Resources, Inc. and Dennis C. Hayes against ICT Technologies,
Vasilios Koutsobinas and Andrew Eracleous, New York County Index No.
602073/06. The action asserted causes of action for breach of contract
negligence, corporate waste and other claims. The Court dismissed all
claims as against Koutsobinas and Eracleous, as well as all claims against
the Company except breach of contract. Thereafter, this case was settled
by the remaining parties without any admission of liability or wrongdoing,
and the action has been discontinued with prejudice on June 29,
2007 in consideration for $7,866.

Crossroad Management, LLC filed a suit against our subsidiary, Europhone
USA, Inc., in the Municipal Court of Elmsford, New York for unpaid rent,
interest and real estate tax escalations in 2004 in the amount of $56,347
which amount is included in the accrued expenses payable in the
accompanying consolidated balance sheet as of June 30, 2007.

In June 2007, ICTT and Eurospeed satisfied our previous outstanding New
York State Payroll Tax obligations. We are also attempting to settle
certain outstanding tax liabilities with the United States Internal
Revenue Service relating to payroll withholding taxes. The IRS claims
that total liabilities equal $334,787 as of December 31, 2006. $55,000 has
been paid to the IRS in 2006.

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

Item 2.  Changes in Securities

None

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.


SIGNATURES

In accordance with Section 13 or 15(d) of the Securities Exchange Act of
1934, ICT Technologies has duly caused this financial report on Form 10-QSB
for the second quarter ended on June 30, 2007, to be signed on its behalf by
the undersigned, thereunto duly authorized.

ICT TECHNOLOGIES, INC.

August 15, 2007
				/s/Vasilios Koutsobinas
				   Vasilios Koutsobinas
				   Chief Executive Officer,
	 			   Director
				(Principal Executive Officer)



August 15, 2007
				/s/Andrew Eracleous
                                   Andrew Eracleous
                                Chief Financial Officer
                                   Director
                       (Principal Financial and Accounting Officer)

 Exhibits


Number	 	Description of Exhibits
3.1	 	Certificate of Amendment of Certificate of Incorporation of
		ICT Technologies, Inc.*
3.2	 	Bylaws of ICT Technologies, Inc.**
10.1	 	Amended and Restated Share Acquisition and Voting Agreement
		dated as of May 9, 2002 and executed April 30, 2003 by and
		among Europhone USA, Inc., Vasilios Koutsobinas and
		Joshua Shainberg***
10.2	 	Amendment to the Amended and Restated Share Acquisition and
		Voting Agreement***
10.3	 	Agreement with Parallel No Limit, Inc. ****
21	 	List of Subsidiaries.
31.1	 	Certification of the Company's Chief Executive Officer
		pursuant to Section 302 of Sarbanes Oxley Act.
31.2	 	Certification of the Company's Chief Financial Officer
		pursuant to Section 302 of Sarbanes Oxley Act.
32	 	Certification of the Company's Chief Executive Officer
		and Chief Financial Officer pursuant to 18 U.S.C. Section
		1350, as adopted pursuant to Section 906 of the
		Sarbanes-Oxley Act of 2002


	*	Incorporated by reference to Exhibit 3(iii) from the
		Company's Form 10-KSB for the annual period ended
		December 31, 2001, filed on April 29, 2002.

	**	Incorporated by reference from the Company's Form
		10-SB12G, filed with the Securities and Exchange
		 Commission on March 6, 2000.

	***	Incorporated by reference to Exhibit 10.1 from the
		Company's Form 8-K/A, dated May 9, 2002.

	****	Incorporated by reference to Exhibit 10.1 from the
		 Company's Form 8-K, dated April 23, 2007.



Exhibit 21

List of Subsidiaries of ICT Technologies, Inc.

Europhone, Inc.

Eurokool, Inc.

Europhone USA, Inc.

Europhone USA LLC

Eurospeed, Inc.


Exhibit 31.1

CERTIFICATIONS OF THE CHIEF EXECUTIVE OFFICER

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

1. I have reviewed this Second Quarter 2007 Report on Form 10-QSB of ICT
Technologies, Inc.;

2. Based on my knowledge, this 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 Report;

3. Based on my knowledge, the financial statements, and other financial
information included in this  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 Report.

4. The registrant's other certifying officers 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 of internal control over financial reporting, to
the registrant's auditors and the audit committee of the registrant's board
of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or
operation of internal control over financial reporting which are reasonably
likely to adversely affect the registrant's ability to record, process,
summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other
employees who have a significant role in the registrant's internal control
over financial reporting.




Date: August 15, 2007
		    		/s/ Vasilios Koutsobinas
 				    Vasilios Koutsobinas
				   Chief Executive Officer


Exhibit 31.2


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

1. I have reviewed this Second Quarter 2007 Report on Form 10-QSB of ICT
Technologies, Inc.;

2. Based on my knowledge, this 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 Report;

3. Based on my knowledge, the financial statements, and other financial
information included in this  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 Report.

4. The registrant's other certifying officers 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 of internal control over financial reporting, to
the registrant's auditors and the audit committee of the registrant's board
of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or
operation of internal control over financial reporting which are reasonably
likely to adversely affect the registrant's ability to record, process,
summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other
employees who have a significant role in the registrant's internal control
over financial reporting.


Date: August 15, 2007
		  	 	/s/ Andrew Eracleous
 				    Andrew Eracleous
				Chief Financial Officer





Exhibit 32

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 Second Quarter 2007 Report of ICT Technologies, Inc.
(the "Company") on Form 10-QSB for the period ended June 30, 2007 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


August 15, 2007


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 Second Quarter 2007 Report of ICT Technologies, Inc.
(the "Company") on Form 10-QSB for the period ended June 30, 2007 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


August 15, 2007