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

  • Truvelo TRIMMS night-time speeds on unlit roads
    June 5, 2014
    Truvelo UK’s new TRIMMS infrared illumination enables mobile speed enforcement in the dead of night. Lincolnshire is the UK’s fourth-largest county, has a population of over a million and is predominantly rural. Only 66km of its 8,893km road network is dual carriageway and 79% of the rest is ‘C’ class or unclassified roads. In terms of Killed and Seriously Injured (KSI) figures, there were 415 casualties in 2013 (down from 526 in 2002). Official figures show inappropriate speed accounts for 25% of the UK’s
    Read More
  • Gauteng to review e-tolls
    June 30, 2014
    The Gauteng Provincial Government (GPG) in South Africa is to set up a panel to review the impact of e-tolls and invite new proposals on how it can find a lasting solution. Premier David Makhura announced the move during his State of the Province Address, saying the GPG will work with national government, municipalities and all sectors of society on the issue. “While we shall not promise easy solutions and claim easy victories, we must make it clear that we cannot close our eyes to cries of sectors of
    Read More
  • The benefits of combining enforcement and traffic management
    February 27, 2013
    Jason Barnes considers how combining enforcement equipment with other traffic management technologies might benefit our future – if only the will were really in place to do so. During the ITS World Congress in Vienna in October last year, Navtech Radar and Vysion­ics ITS announced a strategic partnership that would combine the expertise of Navtech in millimetre-wave wide-area surveillance technology with Vysionics’ machine vision-based automatic number plate recognition (ANPR) and average speed measurement
    Read More
  • Daimler’s double take sees machine vision move in-vehicle
    December 13, 2013
    Jason Barnes looks at Daimler’s Intelligent Drive programme to consider how machine vision has advanced the state of the art of vision-based in-vehicle systems. Traditionally, radar was the in-vehicle Driver Assistance System (DAS) technology of choice, particularly for applications such as adaptive cruise control and pre-crash warning generation. Although vision-based technology has made greater inroads more recently, it is not a case of ‘one sensor wins’. Radar and vision are complementary and redundancy
    Read More

Highlighted Content