News
Autoscope Selected for Hong Kong Journey Time System
Contacts: Erik Wood, Marketing Specialist
Image Sensing Systems, Inc., Phone: 651.603.7700
Saint Paul, MN, March 16, 2009 - Image Sensing Systems, Inc. (NASDAQ: ISNS), world leading developer of Intelligent Transportation Systems (ITS) computer-enabled detection and traffic control technology, announced today the Hong Kong Transport Department has selected the Autoscope video vehicle detection system for expansion of the Journey Time Indication System.
The Hong Kong system displays estimated travel times in real-time at key diversion points in the roadway, allowing drivers to select the optimal cross harbor routes to and from Kowloon peninsula and Hong Kong Island. The travel time data is calculated through a sophisticated algorithm using traffic data detected by the Autoscope system. Overhead roadway signs clearly display the estimated times making it convenient and safe for route selection. The new expansion includes 20 units of Autoscope Solo® Terra, increasing the total deployment of Autoscope in this application to 41 units.
Johan Billow, Managing Director of Flow Traffic Ltd., ISS’ wholly owned Hong Kong-based subsidiary, commented, “We were very pleased Autoscope has yet again been chosen for an important contract in Hong Kong. The consistently accurate and reliable performance of our system has already been proven for several years in the first stage of this Journey Time project. The continued use of Autoscope tells us that we have managed to satisfy the very stringent requirements of this city.”
Image Sensing Systems, Inc. is a technology company focused in infrastructure productivity improvement through the development of software-based detection solutions for the Intelligent Transportation Systems (ITS) sector and adjacent overlapping markets. ISS’ industry leading computer enabled detection (CED) products, including the Autoscope® machine-vision family and the RTMS® radar family, combine embedded software signal processing with sophisticated sensing technologies for use in transportation, environmental and safety/surveillance management. CED is a group of technologies in which software, rather than humans, examines the outputs of complex sensors to determine what is happening in the field of view in real-time. With more than 90,000 instances sold in over 60 countries worldwide, our depth of experience coupled with breadth of product portfolio uniquely positions us to provide powerful hybrid technology solutions and to exploit the convergence of the traffic, security and environmental management markets. We are headquartered in St. Paul, Minnesota. Visit us on the web at imagesensing.com.
Safe Harbor Statement: Statements made in this release concerning the Company's or management's intentions, expectations, or predictions about future results or events are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements reflect management's current expectations or beliefs, and are subject to risks and uncertainties that could cause actual results or events to vary from stated expectations, which variations could be material and adverse. Factors that could produce such a variation include, but are not limited to, the following: the inherent unreliability of earnings, revenue and cash flow predictions due to numerous factors, many of which are beyond the Company's control; developments in the demand for the Company's products and services; relationships with the Company's major customers and suppliers; unanticipated delays, costs and expenses inherent in the development and marketing of new products and services; the impact of governmental laws and regulations; and competitive factors. Our forward-looking statements speak only as of the time made, and we assume no obligation to publicly update any such statements. Additional information concerning these and other factors that could cause actual results and events to differ materially from the Company's current expectations are contained in the Company's reports and other documents filed with the Securities and Exchange Commission, including its Form 10-K for the year ended December 31, 2007.
