Image Sensing Systems Completes First Major G4 RTMS Installation
Contacts: Erik Wood, Marketing Specialist
Image Sensing Systems, Inc., Phone: 651.603.7700
Saint Paul, MN, October 20, 2008 - Image Sensing Systems, Inc. (NASDAQ: ISNS), world leading developer of Intelligent Transportation Systems computer enabled detection technology, announced completion of the first major installation of the G4™ RTMS® (Remote Traffic Microwave Sensor). The seventy-one unit project is in operation for Caltrans, the California Department of Transportation.
Ken Aubrey, CEO of Image Sensing Systems, Inc., stated “Our record of introducing technologically advanced products for the ITS market continues with the G4 RTMS. We are pleased with the G4’s performance and accuracy and we are confident in our abilities to provide both radar and video based solutions to ITS customers.”
The fourth generation RTMS leverages 18 years of experience and over 20,000 deployed RTMS units to offer industry-leading accuracy. An automatic lane calibration program ensures a fast and streamlined set up process for transportation management customers. In this installation, Caltrans opted for solar power in the majority of the units as well as wireless communications for quick deployment, remote monitoring capabilities and high reliability. This solar power option is only practical due to the G4’s industry-leading low power consumption.
Dan Manor, Managing Director of Image Sensing Systems Canada Ltd., formerly EIS, said “The fourth generation RTMS with its unprecedented accuracy, reliability and other unique customer benefits involved significant development. Although more than 500 RTMS radars have been operating in California for many years, we are proud to have our first major G4 installation be on one of California’s busiest highways. Its timely delivery was made possible through the dedication of our development team.”
The G4 RTMS system provides traffic volumes, speed, occupancy and classification on California’s Interstate 5 and Highway 205 allowing Caltrans to better manage traffic. Improved traffic flow not only aids drivers, it provides a significant benefit to the environment, reducing idling time and therefore decreasing emissions and fuel consumption.
Image Sensing Systems, Inc. is a technology company specializing in software-based detection solutions for the Intelligent Transportation Systems (ITS) sector and adjacent overlapping markets. Our industry leading computer enabled detection (CED) products, including the Autoscope® machine-vision family and the RTMS™ radar family, combine embedded software signal processing with sophisticated sensing technologies for use in transportation and safety/surveillance management. CED is a group of technologies in which software, rather than humans, examines the outputs of complex sensors to determine what is happening in the field of view in real-time. With more than 90,000 instances sold in over 60 countries worldwide, our depth of experience coupled with breadth of product portfolio uniquely positions us to provide powerful hybrid technology solutions and to exploit the convergence of the traffic, security and environmental management markets. We are headquartered in St. Paul, Minnesota. Visit us on the web at imagesensing.com.
Safe Harbor Statement: Statements made in this release concerning the Company's or management's intentions, expectations, or predictions about future results or events are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements reflect management's current expectations or beliefs, and are subject to risks and uncertainties that could cause actual results or events to vary from stated expectations, which variations could be material and adverse. Factors that could produce such a variation include, but are not limited to, the following: the inherent unreliability of earnings, revenue and cash flow predictions due to numerous factors, many of which are beyond the Company's control; developments in the demand for the Company's products and services; relationships with the Company's major customers and suppliers; unanticipated delays, costs and expenses inherent in the development and marketing of new products and services; the impact of governmental laws and regulations; and competitive factors. Our forward-looking statements speak only as of the time made, and we assume no obligation to publicly update any such statements. Additional information concerning these and other factors that could cause actual results and events to differ materially from the Company's current expectations are contained in the Company's reports and other documents filed with the Securities and Exchange Commission, including its Form 10-K for the year ended December 31, 2007.
