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

  • Wireless electric vehicle charging system sales ‘to exceed 280,000 by 2020’
    December 24, 2012
    According to new research from Pike Research, a part of Navigant’s Energy Practice, until recently, wireless charging equipment for plug-in electric vehicles (PEVs) has had all the characteristics of a promising technology in search of a market. In the last six to twelve months, however, this has begun to change. Nearly all of the major PEV manufacturers have announced partnerships to develop wireless charging systems, and there are signs that such systems, installed at the factory or added at the dealershi
    Read More
  • All electric vehicle barrier exceeds cycle testing expectations
    March 23, 2012
    "The cycle testing was performed at the Texas Transportation Institute at the Texas A&M University System, in College Station, Texas. The IIID electric barrier successfully completed 1,491,455 cycles, before a replaceable cable failed.
    Read More
  • Data helps Ohio DoT get grant money
    January 25, 2022
    Ohio Department of Transportation turned to StreetLight Data when it needed to finalise grant money for a key infrastructure link. David Crawford sees how metrics brought in the cash…
    Read More
  • ISS introduces wrong way detection system
    February 9, 2018
    Image Sensing Systems (ISS) has added a wrong way detection and notification system designed to alert drivers travelling the wrong way along on-ramps. The Automatic Incident Detection (AID) wrong way alerting solution can detect multiple lanes of traffic using a single camera and provides accurate detection and fast notification to help improve the safety performance of roadways. The system uses high-definition video stream from ISS’ patented RTMS Sx-300 HDCAM radar product, providing radar-based data
    Read More

Highlighted Content