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

  • First pan-London Car Club Action Plan launched
    May 21, 2015
    Around 85 per cent of UK car club members already based in London New plan will help reach new joint target of one million London car club members by 2025 Future growth of car clubs will help improve London’s air quality and reduce congestion in the Capital A new ‘strategy for car clubs’ in London has been launched today (21 May), to encourage residents and businesses across the capital to sign up to car club schemes as an alternative to direct car ownership. The new action plan, jointly developed b
    Read More
  • RAC survey shows big safety gains with average speed enforcement
    January 11, 2017
    Cheaper and easier communications are providing authorities with new options for influencing driver behaviour. Colin Sowman reports. It’s official; Average speed cameras (ASCs) cut the number of fatal or serious injury crashes by more than a third.
    Read More
  • Putting a stop to intersection indecision
    March 9, 2015
    David Crawford takes a look at innovations to reduce crashes at rural intersections. Intersection crashes continue to represent a worryingly large share of deaths and serious injuries across US highway networks. Statistics from the US Department of Transportation’s Federal Highway Administration show that an average of 21% of road traffic accident deaths occur at crossings. The National Highway Traffic Safety Administration (NHTSA) calculates that intersection crashes account for 48% of all injury-related i
    Read More
  • Dublin Tunnel gets average speed enforcement
    June 13, 2016
    Transport Infrastructure Ireland (TII) is working with the4 Irish police force, An Garda Síochána, on the installation of Ireland’s first average speed camera enforcement system, which will be deployed in the Dublin Port Tunnel. Opened in 2006, the 4.5 km tunnel forms part of the M50 C-Ring road around Dublin City. Traffic levels through the tunnel have increased by 40 per cent over the last five years and as a result there is statistically, an increase in the potential for collisions and accidents.
    Read More

Highlighted Content