Image Sensing Systems reveals significant new business agreements

In announcing its first quarter results yesterday, Image Sensing Systems (ISS) also revealed that it had won significant new sales or distribution agreements. For instance, the company has won an order in excess of US$2.0 million in Eastern Europe for its Autoscope product for an urban traffic control (UTC) system. The order is expected to be substantially delivered in Q2 and Q3. The company also revealed an original equipment manufacturer (OEM) agreement with Siemens A.G. that allows Siemens to offer Autos
May 3, 2012 Read time: 1 min
RSSIn announcing its first quarter results yesterday, 6626 Image Sensing Systems (ISS) also revealed that it had won significant new sales or distribution agreements. For instance, the company has won an order in excess of US$2.0 million in Eastern Europe for its Autoscope product for an urban traffic control (UTC) system. The order is expected to be substantially delivered in Q2 and Q3.

The company also revealed an original equipment manufacturer (OEM) agreement with 189 Siemens A.G. that allows Siemens to offer Autoscope technology on a non-exclusive basis in the European market, as well as an exclusive agreement with Beijing Univaid Technology Company for the distribution of RTMS products in the People's Republic of China. Under the agreement, Univaid has made commitments to certain minimum purchase levels for the first year in excess of $1.0 million.
Detection, Monitoring & Machine Vision Urban Traffic Control

For more information on companies in this article

Related Content

  • StarTraq launches into Asian Market
    May 15, 2012
    StarTraq, a UK-headquartered specialist in offence management, is today announcing its launch into the Asian market at Intertraffic China 2012, following the successful launch of its International Partner Programme in Europe earlier this year. The company aims to increase the global reach for its cloud-based software that automates repetitive processes, such as traffic offences.
    Read More
  • Germany's approach to adaptive traffic control
    February 3, 2012
    Jürgen Mück, Siemens AG, describes the three-level approach taken in Germany to adaptive network control
    Read More
  • Dubai’s Salik toll system wins International Toll Excellence Award
    September 16, 2014
    The International Bridge, Tunnel and Turnpike Association (IBTTA) has awarded the Roads & Transport Authority (RTA) of Dubai the prestigious 2014 Toll Excellence Award in Technology for its expansion of the Salik toll system, implemented by TransCore. The award was presented at IBTTA’s 82nd annual meeting in Austin, Texas. Already home to the world’s widest open-road tolling zone spanning seven lanes in a single direction, RTA’s objectives were to reduce growing traffic congestion, encourage use of alte
    Read More
  • ISS combines radar sensor with HD camera for traffic detection
    March 17, 2016
    Image Sensing Systems (ISS) has added the RTMS Sx-300 radar sensor with HD camera to its traffic management product line, a combination the company says provides an all-in-one radar sensor for roadways detection. The RTMS Sx-300 HDCAM allows the user to verify the zone setup across all lanes and facilitate real-time visual traffic surveillance and its high definition camera also has dual streaming video channels.
    Read More

Highlighted Content