Buffalo, New York 11/4/2009 5:20:00 AM
News / Business

Image Sensing Systems, Inc. (NASDAQ: ISNS) Files Shelf Registration Valued at $15 Million

Image Sensing Systems, Inc. (NASDAQ: ISNS) has filed a shelf registration statement on Form S-3 with the Securities and Exchange Commission. The statement when declared effective by the Securities and Exchange Commission, will allow Image Sensing Systems the flexibility to offer and sell from time to time in the future, in one or more public offering, up to about $15 million of common stock.

 

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About Image Sensing

 

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 100,000 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.

 

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