CHICAGO, July 12 /PRNewswire/ -- The Archipelago Exchange(SM) (ArcaEx(R)), the nation's first totally open, all-electronic stock exchange, today announced that ICOP Digital, Inc. (Nasdaq: ICDG), a leading provider of digital in-car video systems for law enforcement, has dually-listed on ArcaEx, a facility of the Pacific Exchange.

"We welcome ICOP Digital to the growing roster of Archipelago Exchange- listed companies," said Sam Long, Managing Director of ArcaEx's Corporate Client Group. "Our all electronic, transparent marketplace provides the perfect environment for companies looking to expand their investor base and increase liquidity."

"It is an exciting moment for ICOP Digital as we embark on a dual-listing on the nation's first all-electronic stock exchange," commented David C. Owen - President, CEO, and Director, of ICOP Digital. "We are confident that ArcaEx, an extremely efficient and transparent stock exchange, will help increase awareness and introduce ICOP Digital to new channels across the investment community."

In addition to providing the advantages of electronic trading, ArcaEx enables NYSE-, Nasdaq- and Amex- listed companies and their investors to reap the benefits of ArcaEx's investor focused market structure. ArcaEx operates as an all-electronic auction market, with an open limit order book matching buyers and sellers directly based on simple price and time priority, leveling the playing field for all market participants.

Currently over 230 companies are listed on ArcaEx, a facility of the Pacific Exchange. In addition to its own listings, the exchange trades all NYSE-, Nasdaq-, and Amex-listed stocks.

About ArcaEx

Archipelago Holdings (PCX: AX) operates The Archipelago Exchange(SM) (ArcaEx(R)) the first totally open all-electronic stock exchange in the United States. ArcaEx trades all Nasdaq-listed equity securities and exchange listed equity securities, including those listed on the New York Stock Exchange(R), American Stock Exchange(R), and Pacific Exchange(R). In addition to offering core execution services, ArcaEx provides corporate clients with listing services and innovative data products. In 2004, Archipelago launched ArcaVision to provide corporate and trading clients with more transparent market data, analytical tools and access to market-wide and ArcaEx specific trading information. Archipelago Holdings completed its initial public offering in August 2004. For more information please visit http://www.arcaex.com .

About ICOP Digital, Inc.

ICOP Digital, Inc., is a Kansas-based company that delivers innovative mission-critical security, surveillance, and communications solutions that provide timely and accurate information for security for the public and private sectors, to monitor and protect people, assets, and profits. The ICOP Model 20/20(TM) is the leading digital in-car video recorder system, for use by law enforcement. ICOP Digital is committed to providing surveillance and communications solutions that help our customers improve their safety and security, through effective deployments of innovative technologies. http://www.ICOPdigital.com

Forward-Looking Statements

Certain statements in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the parties' current expectations and involve risks and uncertainties that could cause actual results to differ materially from those set forth in the statements. There can be no assurance that such expectations will prove to be correct. Factors that could cause results to differ materially from current expectations include: general economic and business conditions, industry trends, competitive conditions, regulatory developments as well as other risks or factors identified in either of the parties' filings with the Securities Exchange Commission (SEC), which are available on the SEC's website at http://www.sec.gov. You should not place undue reliance on forward-looking statements, which speak only as of the date of this press release. Except for any obligation to disclose material information under the Federal securities laws, neither of the parties undertakes an obligation to release publicly any revisions to any forward- looking statements to reflect events or circumstances after the date of this press release.

Contact:
Archipelago
Margaret Nagle
312-442-7083

SOURCE The Archipelago Exchange
07/12/2005
CONTACT: Margaret Nagle of Archipelago, +1-312-442-7083
/Web site: http://www.arcaex.com
http://www.ICOPdigital.com
(AX ICDG)
CO: Archipelago Exchange; ICOP Digital, Inc.