ICSGlobal Ltd. announced that due to the continuing strong growth in the UK business, coupled with cost reductions, the resolution of legacy issues and improving certainty regarding the company's tax position, the company is expecting a materially improved result for the year ending June 30, 2012. Subject to performance in the month of June and specifically confirmation on the recognition of the group's tax assets for the 2012 year, the company expects the full year net profit after tax to exceed $360,000. This is expected to be comprised of: an underlying result exceeding $260,000; and subject to confirmation of the recognition of the group's tax assets exceeding $100,000.