ISS and Econolite expand partnership

Image Sensing Systems (ISS) has amended its agreement with long-time partner Econolite Control Products to expand the exclusive North American manufacturing and distribution agreement to include the RTMS radar product line. "This is the final stage in our RTMS (radar) acquisition integration process for North American sales and in conjunction with planned introduction of our hybrid product in the first quarter of 2012, aligns directly with one of our primary strategic goals; namely, a focus on organic sales
June 25, 2012 Read time: 1 min
6626 Image Sensing Systems (ISS) has amended its agreement with long-time partner 1763 Econolite Control Products to expand the exclusive North American manufacturing and distribution agreement to include the RTMS radar product line.

"This is the final stage in our RTMS (radar) acquisition integration process for North American sales and in conjunction with planned introduction of our hybrid product in the first quarter of 2012, aligns directly with one of our primary strategic goals; namely, a focus on organic sales and income growth,” said Ken Aubrey, CEO of ISS. “For over 20 years we have reaped the rewards of the Econolite exclusive agreement for Autoscope products; now our RTMS products will enjoy the same benefits.”
Detection, Monitoring & Machine Vision Classification & Data Collection

For more information on companies in this article

Related Content

May 21, 2012

Celebrating Centracs century

There’s an air of celebration at the Econolite booth because the company has reached a major industry milestone with an order for the 100th Centracs Advanced Traffic Management System (ATMS). To be installed in Georgia, the software system will be deployed as part of the city of Johns Creek’s ITS master plan and was chosen for its expandability and powerful ITS capabilities that fit well with the city’s existing infrastructure. It provides a cost-effective and adaptable ATMS foundation for monitoring and ma
August 8, 2016

ISS announces increased revenue for first half of 2016

Image Sensing Systems (ISS) has announced revenue of US$7.9 million for the first half of 2016, a four per cent increase from revenue of US $7.6 million in the first half of 2015. Product sales increased to US$3.9 million in the first half of 2016, a 31 per cent increase from $3.0 million in the first half of 2015. The first six-months of revenue for 2016 included Autoscope video product sales and royalties of US$621,000 and US$4.0 million, respectively, and RTMS radar product sales of US$3.3 million. Pr
boombox1

Highlighted Content

boombox2