ISS shows positive growth

Despite a five per cent decrease in revenue in the last quarter of 2013, US$6.5 million compared to US$6.8 million in 2012, Image Sensing Systems (ISS) posted an increase in total revenue for 2013, at US$26.3 million, up five per cent from US$25.0 million in 2012. Full year 2013 product sales increased 17 percent over 2012, to US$14.7 million, while Autoscope licence plate recognition (LPR) 2013 product revenue grew 34 percent over 2012, to US$6.4 million. The company continues to invest in research, de
February 27, 2014 Read time: 2 mins
Despite a five per cent decrease in revenue in the last quarter of 2013, US$6.5 million compared to US$6.8 million in 2012, 6626 Image Sensing Systems (ISS) posted an increase in total revenue for 2013, at US$26.3 million, up five per cent from US$25.0 million in 2012.

Full year 2013 product sales increased 17 percent over 2012, to US$14.7 million, while 6575 Autoscope licence plate recognition (LPR) 2013 product revenue grew 34 percent over 2012, to US$6.4 million. The company continues to invest in research, development and marketing for its Safe City solution.

Kris Tufto, ISS’ chief executive officer, said “We are encouraged by the momentum we saw in product sales growth in the second half of 2013 and believe that this momentum provides a springboard as we enter 2014. The investments that we made in our business in 2013 are starting to show positive results. We are excited by the full rollout of our Safe City solution, which we anticipate mid-year, and its growth potential for supporting the law enforcement sector.  I look forward to updating you in the future as we restore sustained growth to historical levels.”
Parking & Access Control Detection, Monitoring & Machine Vision

For more information on companies in this article

Related Content

  • Alcohol interlocks aid drink drive adherence
    October 28, 2016
    The use of alcohol interlocks to prevent drink driving and change driver behaviour is gaining ground around the world but needs greater buy-in from authorities as Colin Sowman discovers. The often repeated mantra says that prevention is better than cure - and none more so than in the case of drink-driving. The introduction of the breathalyser provided an objective indication of alcohol consumption instead of having drivers touch their nose or walk in a straight line. Initially breathalysers were used as a r
    Read More
  • Jenoptik sees value in international outlook
    June 13, 2024
    Technology is always changing in the traffic management sector. Tobias Deubel of Jenoptik talks to Adam Hill about the past, the future – and the importance of global partnerships
    Read More
  • Pennsylvania transportation cut ‘would jeopardise local jobs’
    August 2, 2013
    Cutting highway and bridge work by 25 per cent in any given year, and then sustaining it in the years ahead, would cost Pennsylvania US$1.25 billion in lost economic activity over a five-year period and put as many as 9,600 jobs permanently at risk, the American Road & Transportation Builders Association’s (ARTBA) chief economist told state lawmakers at a recent hearing. Dr Alison Premo Black was invited to testify before the Pennsylvania Senate Transportation committee based on a report she authored on beh
    Read More
  • Traffic to flow freely over world’s widest bridge
    November 13, 2012
    Pete Goldin reports on a new Egis project in Canada, providing open road tolling operations for the widest bridge in the world. A bridge can present a bottleneck in a system of roads or it can support the smooth and unobstructed flow of traffic. Much depends on the bridge design, surrounding infrastructure and tolling system. By adding lanes and deploying open road tolling (ORT), the new Port Mann Bridge located in the metropolitan Vancouver area in British Columbia, will alleviate congestion at one of the
    Read More

Highlighted Content