News

Sensys Networks, a leading provider of integrated wireless traffic data systems for smart cities, has raised US$8.5 million in a new round of funding led by Siemens Venture Capital (SVC) with participation from existing investors Fuse Capital, Horizon Ventures, Voyager Capital and Gruener Ventures. SVC’s Michael Sears will also join the board of Sensys Networks. Describing the funding as an important milestone for the company, Dr. Amine Haoui, CEO of Sensys Networks, said, “This capital will allow Sensys Ne

Bosch has announced the development of an independent series of ABS specifically designed for motorcycles. Mandatory ABS for motorcycles is part of the presented EU commission draft framework regulation for motorcycles and is intended to apply to motorcycles with more than 125 cc displacement.

Image Sensing Systems (ISS) has announced that Richard Wenham has been appointed as the CEO of the company’s subsidiary Image Sensing Systems Europe, headquartered in the United Kingdom. Wenham, who will report to Ken Aubrey, company president and CEO, joins the company from Ricardo, where he was director of Intelligent Transportation Systems and Hybrid Electric Vehicles. His experience includes over 20 years of both engineering and senior management experience in embedded systems, automotive and ITS.

IPS Group, a San Diego-based high-tech parking meter company, has announced the completion of the installation of 10,000 new coin and credit-card parking meters throughout the city of Los Angeles.

Flow Traffic Limited, the Hong Kong-based wholly owned subsidiary of Image Sensing Systems, has won a large contract to supply vehicle detection systems to the city of Guangzhou, China. The contract is part of infrastructure improvements required for the Asian Games, a major sporting event to be held in Guangzhou from 12-27 November. The project will provide real time traffic guidance and journey time information to reduce congestion and travel time during the international event.